Elon Musk Emerges as Key Player in Trump Administration

Elon Musk has emerged as a significant influencer in the political landscape following Donald Trump's election victory, having invested heavily in both Trump’s campaign and his platform, X (formerly Twitter). His wealth has surged by approximately $70 billion due to a spike in Tesla's stock, elevating his net worth to around $320 billion. Musk is actively involved in Trump's administration transition, reportedly advising on key appointments and promoting a small-government agenda through social media. He also endorsed Cathie Wood's economic growth strategy, advocating for deregulation and technological advancements. An AI advocacy group has called for Musk to be appointed as a special advisor on AI, emphasizing his dual role as an innovator and a cautionary voice on AI risks. Overall, his political maneuvers appear aimed at securing favorable conditions for his business interests under the new administration.