[Economy pick] To stand in line, definitely! Musk's road ahead is solid?

2024.11.07. PM 5:19
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[Anchor]
Yes, he's the man who's called the best contributor to Trump's victory. It's Elon Musk, and it seems to be working from day one of the election confirmation, right?

[Reporter]
Yes, as much as he has made a clear contribution to causing controversy over fraudulent elections, the results are certainly coming out.

Tesla's stock price jumped about 15% on the day Trump was elected.

At once, it hit a new 52-week high, and the year-round stock price return rose to around 16%.

The market capitalization increased by 166 trillion won in one day, and Tesla's stock price had risen 3.5% a day earlier.

Musk is said to have appeared like a comet during the presidential election process, which was very close, spraying astronomical money and running around on stage to bring the atmosphere to Trump.

In the end, he has entered the Mar-a-Lago resort with Trump in an inner circle that is clear enough to see the results of the vote count.

[Anchor]
So why did Musk, not even a politician, support Trump so fiercely?

[Reporter]
First of all, it seems that the two of them are connected.


Both appear to have a homogeneity in their tendency to push their thoughts hard without paying attention to others, and isn't it Musk's social media X, Twitter of the past?

During the first government, Twitter was an indispensable personal and political channel for Trump, and that seems to have become a factor that ties the two together.

However, above all, it seems to be a major factor that it is difficult to push ahead with various projects promoted by Musk if they lose their back to the government.

After electric vehicles, Musk's ambitious push is self-driving, which is still behind competitors, but Musk has declared the commercialization of robot taxis in 2026.

In the process, there seems to be a judgment that it will be difficult at all if it does not exceed government regulations,
SpaceX, a
space company, is also in a lawsuit with the current government over taxes and the number of launches, so it is presumed that it should be a clear ally with the next government.

[Anchor]
Well, Musk is definitely on the Trump train, so do other big techs have to be in a hurry?

[Reporter]
Yes, I think so.

This is because Trump is certain to have likes and dislikes by his personality and his reaction is straightforward.

There are also expectations for Trump's pro-business orientation, and big tech companies have rushed to send congratulatory messages.

"I sincerely congratulate Trump on his amazing political return and decisive victory," Amazon founder Jeff Bezos, who had a bad relationship during Trump's first term, wrote on X. "I hope he leads and unites the United States we all love."

Google CEO Sundar Pichai celebrated by posting an image of former President Trump securing 277 electors,
Meta CEO Mark Zuckerberg
also posted, "Trump's election is a decisive victory."

OpenAI CEO Sam Altman and TeamCook Apple CEO also sent a congratulatory message to Trump, saying they look forward to great success.



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