• sugar_in_your_tea@sh.itjust.works
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    1 month ago

    Sort of, but they also benefit from tariffs and lower regulation:

    • Tesla - don’t have to cut prices if your competitors have to raise theirs; also, less regulation on cars means he can get to market faster
    • SpaceX - oversight on rocket launches costs money
    • xAI - slashing regulations on AI helps this new company
    • Neuralink - again, regulations are a major limitation here

    He is also big into cryptocurrencies, so he stands to gain there as well.

    All in all, there’s a good chance he makes his $44B back by having Trump’s ear and being able to encourage certain changes over others.