I predict that Donald Trump is going to end up being very costly to Elon Musk’s tech empire.
Until quite recently, investors were all in on the Trump-Musk bromance. Bloomberg calculated that the value of Musk’s companies had risen by $613 billion between early November 2024 and mid-February 2025, assuming anticipated funding rounds went as planned. Tesla shares were way up since the election. SpaceX had become the world’s most valuable tech start-up.
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