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Big shift! Elon Musk invests $15 million to support Trump—what exactly is he playing at?
Once burned and still paying, jumping from the Democratic Party to the Republican Party—this may seem unbelievable, but think about it carefully, it’s all about businessmen’s meticulous calculations. Musk’s move may look absurd on the surface, but in reality, he’s doing it to create the strongest protection for his business empire.
To put it simply, SpaceX is his lifeline. This business relies entirely on U.S. government contracts, with complex relationships involving giants like Boeing. If he turns against Trump, government contracts could disappear in an instant. Previously, he talked about forming the "American Party," which was just a bargaining chip at the negotiation table—America’s two-party system is deeply entrenched, and it’s almost impossible for a new party to disrupt it.
His disagreements with the Democratic Party are also thorough. He can’t stand the "woke politics"—his son’s gender transition and name change definitely annoyed him, and Tesla’s personnel appointments have been messed up by political correctness—no need to mention minority groups being cyberbullied, which also drags down productivity. On the other hand, although the Republican Party isn’t as friendly on EV subsidies, its conservative stance offers more stability for businesses. Between two evils, supporting the Republicans is simply the best option.
Most importantly? Musk himself is a key figure in the crypto world. His political alignment can directly influence assets like DOGE. He previously linked DOGE to the "Department of Government Efficiency," and now leaning toward the Republicans, it’s partly about fighting for looser regulations for the crypto industry. With BTC hovering around $87,000 and ETH below $2900, can this political leverage turn into market gains? Will DOGE see a new rise? This is worth watching further.