How Musk's clout with Trump could enrich his companies

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How Musk's clout with Trump could enrich his companies - Channel News Asia

Quick Summary:

Elon Musk’s backing of Donald Trump’s decisive victory for a second presidency puts the billionaire entrepreneur in an extraordinary position of influence to help his companies secure favorable government treatment.

Cutting regulation, he said, would speed SpaceX's efforts to get to Mars.“He’s going to make America function like a startup,” Pishevar said of Musk.“There’s no greater entrepreneur in American history than Elon Musk".

Musk could use his rising clout in a Trump administration to cut through some of the safety-related approvals in that process, according to a source familiar with the company’s operations.