Today, Trump returned to X.
I’ve listen to most parts of the associated Trump Elon Musk interview on X in which Elon Musk strongly endorsed Trump.
Topics included
- the assassination attempt
- illegal immigration
- government deficit spending and inflation (1h 44min)
- too much regulation
- pro energy policies
- too weak law enforcement
The interview has over 100M views as of now and 19M people turned in only 3h after its release.
Assessment
I have always admired the clarity with which Elon Musk can describe reality and highlight why certain things are obvious or common sense.
The same is true for this interview. Most points discussed are compelling and make instinctive sense in my opinion.
They are also in line with most of what I’ve heard or read without having done deeper research on all the topics. (More Trump critical topics e.g. potential threats to some institutions, are not addressed)
Given the large amount of admirers that Elon has and the fact that he has a more moderate voice, I think this interview and Trump’s return to X could have a profound impact on some moderates and the election overall.
This is the second high profile endorsement from Silicon Valley that I’ve watched after Andreessen Horowitz came out to endorse Trump.
Elon’s influence is certainly at another level, and I think there will be discussions about the power of owning the most political social media platform, and he will be described as kingmaker.
Overall, I continue to believe that a Trump victory is quite likely (60%+), which should have a positive impact on markets, esp. on crypto/defi.