Vittoria Elliott:
Well, definitely, what we know from how the first Trump administration went is that Trump values loyalty and he is more than willing to use his position as president to reward the people who have been very loyal to him.
So I think a really great place that we may see this is in space exploration. SpaceX competes with other companies like Blue Origin, which is run by Jeff Bezos, for contracts. I think we could definitely see him getting more contracts for that. Tariffs, which have been a huge talking point, would be incredibly helpful for Musk, particularly tariffs on China and Chinese electric vehicles, because that really helps Tesla’s market share, even though Donald Trump has sort of taken a more pro-fossil fuel vision for how he envisions his administration and is not as hot on electric cars as Elon Musk is.
Still, some of these policies will be really good for his businesses. So I think this rollback in regulation, regardless of who you are, if you are a billionaire, if you have a big business, it is an ultimate win. And particularly, if you read Project 2025, the rollback on labor rights and labor protections, Musk is part of several labor lawsuits and is trying to currently dismantle the National Labor Relations Board.
And that, in itself, being free from some of these suits, being free from the ability of his workers to make claims, are all boons for him. So I think there are many ways in which a Trump administration could really benefit him.
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