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Home » USA Politics » Elon Musk exerts deepening influence on Donald Trump’s presidential transition
USA Politics

Elon Musk exerts deepening influence on Donald Trump’s presidential transition

November 11, 20244 Mins Read
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Elon Musk exerts deepening influence on Donald Trump’s presidential transition
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CNN

By Kaitlan Collins, CNN

(CNN) — Donald Trump’s Mar-a-Lago membership has been brimming within the final 48 hours with two varieties of individuals: these angling for a job within the president-elect’s incoming administration, and people making an attempt to affect him into hiring their picks for the highest spots.

However the one one who has loomed over all of it and has exerted an excessive amount of affect is Elon Musk, in accordance with a number of sources. The tech billionaire has been seen on the resort in Palm Seashore, Florida, virtually each day since Trump received the election final week, eating with him on the patio some evenings and hanging out along with his household Sunday on the golf course.

Musk has been within the room when a number of world leaders have phoned Trump, and he’s weighed in on staffing selections, with the SpaceX and Tesla CEO even making clear his desire for sure roles.

In a single occasion, Musk was 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 accordance with a supply briefed on the decision. Trump put the decision on speaker, and Zelensky thanked Musk for his assist offering communications to Ukraine via the billionaire’s Starlink web service.

On Sunday, Musk waded into the GOP Senate management battle, endorsing Sen. Rick Scott after the Florida Republican swiftly backed Trump’s demand that anybody vying to be chief assist recess appointments for his nominees — a approach for presidents to try to bypass Congress that Senate Democrats may basically block.

Musk is just not solely near Trump but in addition along with his transition co-chair, Howard Lutnick — the billionaire CEO of economic companies agency Cantor Fitzgerald who’s main the personnel facet of the transition.

Sources have described Trump as enamored with Musk.

“We have to protect our geniuses, we don’t have that many of them,” the president-elect mentioned throughout his victory speech early Wednesday morning.

Whereas Musk himself is just not formally anticipated to take a place in Trump’s administration, he doesn’t really want to, one supply mentioned, noting the X proprietor is having simply as a lot affect from the surface.

Whereas Trump and Musk had publicly pitched the latter main an effectivity fee to slash spending contained in the federal authorities, CNN reported Thursday {that a} supply conversant in the conversations round Musk mentioned it appeared unlikely he would even need a full-time authorities place, given what that will imply for his function within the firms he helms.

As a substitute, it appeared extra believable that Musk could be appointed to a blue-ribbon committee, the place he would nonetheless have huge entry however wouldn’t be topic to authorities ethics guidelines, which might require him to divest or put property in a blind belief to keep away from conflicts of curiosity.

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

Musk’s large wager on Trump paid near-immediate dividends. The day after the election, traders despatched shares of Tesla up practically 15%. That lifted the worth of the 411 million shares that Musk owns outright by greater than $15 billion and marked a two-year excessive for Tesla shares as a complete.

CNN’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 report.

The-CNN-Wire
™ & © 2024 Cable Information Community, Inc., a Warner Bros. Discovery Firm. All rights reserved.



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