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Elon Musk exerts deepening affect on Donald Trump’s presidential transition | The Gentleman Report Politics

Elon Musk exerts deepening affect on Donald Trump’s presidential transition | The Gentleman Report Politics
November 11, 2024


The Gentleman Report
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Donald Trump’s Mar-a-Lago membership has been brimming within the remaining 48 hours with two forms of folks: the ones angling for a role within the president-elect’s incoming management, and the ones seeking to affect him into hiring their selections for the highest spots.

However the only one who has loomed over all of it and has exerted an excessive amount of affect is Elon Musk, in keeping with a couple of resources. The tech billionaire has been observed on the lodge in Palm Seashore, Florida, virtually on a daily basis since Trump gained the election remaining week, eating with him at the patio some evenings and placing out along with his circle of relatives Sunday on the golfing path.

Musk has been within the room when a couple of international leaders have phoned Trump, and he’s weighed in on staffing choices, with the SpaceX and Tesla CEO even making transparent his choice for positive roles.

In a single example, Musk used to be with Trump at Mar-a-Lago when Ukrainian President Volodymyr Zelensky referred to as to congratulate the president-elect the day after the election, in keeping with a supply briefed at the name. Trump put the decision on speaker, and Zelensky thanked Musk for his lend a hand offering communications to Ukraine in the course of the billionaire’s Starlink web provider.

On Sunday, Musk waded into the GOP Senate management combat, endorsing Sen. Rick Scott after the Florida Republican rapidly sponsored Trump’s call for that anybody vying to be chief beef up recess appointments for his nominees — some way for presidents to try to bypass Congress that Senate Democrats may just necessarily block.

Musk isn’t just on the subject of Trump but additionally along with his transition co-chair, Howard Lutnick — the billionaire CEO of economic products and services company Cantor Fitzgerald who’s main the workforce facet of the transition.

Resources have described Trump as enamored with Musk.

“We now have to give protection to our geniuses, we don’t have that lots of them,” the president-elect stated all through his victory speech early Wednesday morning.

Whilst Musk himself isn’t officially anticipated to invest in Trump’s management, he doesn’t actually want to, one supply stated, noting the X proprietor is having simply as a lot affect from the out of doors.

Whilst Trump and Musk had publicly pitched the latter main an potency fee to slash spending within the federal govt, The Gentleman Report reported Thursday {that a} supply acquainted with the conversations round Musk stated it gave the impression not likely he would even need a full-time govt place, given what that may imply for his function within the corporations he helms.

As an alternative, it gave the impression extra believable that Musk could be appointed to a blue-ribbon committee, the place he would nonetheless have monumental get right of entry to however would now not be topic to govt ethics regulations, which will require him to divest or put belongings in a blind consider to keep away from conflicts of pastime.

As of mid-October, Musk had donated just about $119 million to a political motion committee he set as much as beef up Trump, in keeping with Federal Election Fee filings. He additionally seemed with Trump at rallies and hosted a pleasant interview with him on X, his social media platform.

Musk’s giant guess on Trump paid near-immediate dividends. The day after the election, buyers despatched stocks of Tesla up just about 15%. That lifted the worth of the 411 million stocks that Musk owns outright by means of greater than $15 billion and marked a two-year top for Tesla stocks as an entire.

The Gentleman Report’s Tara John, Victoria Butenko, Nic Robertson, Kristen Holmes, Kristen Holmes, Jeremy Herb, Kayla Tausche, Evan Perez, Chris Isidore and Jack Forrest contributed to this document.

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Author: OpenAI

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