Does Elon Musk Support Donald Trump's Economic Policies Only for Personal Gain?

The US government managed to avoid a shutdown yesterday, but the chaos is not just political as usual. At the center of it all is Elon Musk. The billionaire CEO of Tesla and SpaceX is now both a political disruptor and a technology icon. His deep support for President Donald Trump and his economic policies have turned him into an un-elected power broker, and people are wondering whether this billionaire wants to help America or protect his empire by sacrificing the economy? Elon threw $277 million to Trump and his Republican allies. $239 million of which was transferred to Elon's America PAC, making him the largest sponsor of the 2024 election cycle. For a man who once declared he would not support any candidate, Elon not only changed but also went all out. By August, he had gathered voters at Trump's campaign events, calling the election 'the most important election in your life' and urging hundreds of millions of people to follow suit. According to him, his breakthrough point is the WOKE culture originating from the Democratic Party. Elon's role in Trump's economic revolution Trump's economic policies also cause division like his tweets, and Elon's fingerprint is on them. Let's talk about tariffs. Trump wants to impose import taxes from 10% to 20% to promote US production. He also wants to tax BRICS countries 100% if they dare to abandon the US dollar. Sounds patriotic, doesn't it? Economists aren't impressed. They predict that these taxes will drive consumer prices up without creating jobs as Trump promised. Next is the immigration plan: mass deportation. Trump wants millions of undocumented immigrants to leave. Critics say this will cause labor shortages in important industries like agriculture and construction, where immigrants are the backbone. And here is where Elon officially steps into the arena of the policy that Trump proposed, the Department of Government Efficiency (DOGE), a federal spending cutting machine worth 500 billion dollars. Elon is tasked with leadership. This initiative aims to reduce federal spending by identifying and cutting what Elon sees as wasteful programs. That's 2 trillion dollars in four years. But here's the issue: those cuts will reduce services that millions of Americans rely on. Even Elon acknowledges this won't be easy. He's acknowledged 'temporary hardship' for Americans in the process of rebuilding this economy. But what are the difficulties for the guy with hundreds of billions of dollars? Because for families living on wages, that means rising prices, fewer jobs, and a broken safety net. Retailers have warned of price increases due to those tariffs. Deportation can paralyze the supply chain. And cutting billions of dollars in federal spending will lead to reduced public services, housing programs, and food aid. Elon's engine: Serving the public or serving oneself? Don't pretend that Elon is just a well-intentioned billionaire trying to save America. Although he is a kind person, this is also a matter of power and revenge for him. He has been violated by the Oval Office many times in the past, and that must have caused damage. It can be said that he has become somewhat vengeful, and perhaps a little resentful too. You see, Elon's connection with Trump helps him to have access — real, tangible access — to federal contracts, regulations and influence that can greatly boost his companies. His SpaceX, Tesla, and other projects have thrived thanks to government contracts. With Elon's effective leadership, he basically has a direct line to control federal spending priorities. Who needs a lobbyist when you're the one holding the purse strings? Some Democratic senators believe that Vice President-elect JD Vance will be quite useless. They think Elon will make all the decisions in the Oval Office while Trump "agrees and" supports him. And this guy doesn't just play behind closed doors. He uses his platform - literally his platform, X (formerly known as Twitter) - to promote his political agenda. It's no secret that he has increased the number of his tweets in a day since his friend's election victory. There were times when Elon posted more than 150 times in a day, skewing the bipartisan government funding bill. Elon's posts included multiple instances of inaccurate information, such as claiming the bill increased legislator salaries by 40% and funded a $3 billion stadium in DC. You can look through the bill yourself and see that nothing in it is right. But by the time the actual auditors caught up, it was dead. "This bill should not be passed," Elon wrote. Twelve hours later, it was not passed. He celebrated, tweeting, "The voice of the people prevailed!" But was it really the people, Elon? The bill hadn't even been made public at that point. Why did Elon invest so much in abolishing that law? Yes, it turns out that the law contains a provision targeting technology transactions related to China. And guess what? Elon has a deep business relationship in China. The original law would have cost him. However, we can't say how much it would cost. Senator Elizabeth Warren, who opposes cryptocurrencies and criticizes Wall Street, summed up in an open letter to Trump: "The American public has no way of knowing whether the advice that Elon whispers in secret is good for the country or just good for his own profit." The latest power couple in Washington Trump and Elon are reshaping power in the US. Trump gives Elon legitimacy. Elon gives Trump money, influence, and an unparalleled level of influence no other billionaire can match. Together, they are a force. And they may change the world, starting with that country's strategic Bitcoin reserve fund. And then repair all the economic bridges that Joe Biden has burned, like Russia and China. Elon's billions of dollars and his platform make him invulnerable in a way that no one else in Trump's circle could do. Cabinet members may be replaced. Advisors may be sidelined. But what about Elon? He's too big to fail, too connected to ignore, and too rich to challenge. The Republican Party jokes about Elon being the next Speaker of the House, but the truth is, he doesn't need that title. It's like a demotion for him now. DYOR! #Write2Win #Write&Earn