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US Election 2024: Elon Musk may benefit if Donald Trump is re-elected as US President. Trump may appoint Musk to lead a commission for efficient government operations. Trump's tax policies and regulatory approach could favor Musk's companies, including SpaceX and Tesla. Musk's political action committee and legal disputes may also be impacted by a potential second Trump term.
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I think geopolitics, the landscape could change rapidly. There could be escalations in certain countries, by certain countries. So, I do expect some volatility until we have total clarity.
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The US witnessed a close presidential race. Democrats cautioned that supporting Green Party candidate Jill Stein could lead to a Donald Trump victory. Stein, however, remained firm in her candidacy. Initial results showed Trump leading with 178 electoral votes, followed by Kamala Harris with 99. Stein, despite not securing any electoral votes, garnered a small percentage of the popular vote.
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