“I feel he realized that what huge tech corporations spent a long time involved about, which is actually how one can reasonable or how one can arrange speech on this loopy scale, is that is not an issue,” says Magalhaes. “That is a possibility for him.”
Because the election, Musk has not light into the shadows, content material with backroom conferences and covert affect. As an alternative, he has joined calls with foreign leaders, weighed in on staffing picks for the new administration, and threatened to make use of America PAC to fund primary challenges against lawmakers who don’t support Trump’s (and his) agenda.
In November, Trump introduced that Musk would colead a brand new federal advisory committee known as the Department of Government Efficiency (DOGE, like the memecoin), accountable for reducing $2 trillion from the federal price range. (Eliminating all discretionary federal spending, together with on protection, would not achieve this aim.) The committee doesn’t but exist, however already Musk has used his presence on X and this new government-adjacent, if nebulous, place to dictate coverage. Maybe not coincidentally, on paper, his estimated wealth reportedly elevated by about $170 billion following the election.
“He is parlayed [his ownership of X] right into a governmental place the place his skill to affect coverage that impacts all of his enterprise pursuits is simply large. And that might pay enormous monetary dividends,” says Phil Napoli, a professor of public coverage at Duke College. “I feel that may be the scariest factor that might occur, is that if numerous these platforms take that sign from Musk.”
The early returns recommend that different tech leaders are prone to comply with swimsuit. Meta’s Mark Zuckerberg and Amazon’s Jeff Bezos have visited Mar-a-Lago to kiss the ring. Meta officers say Zuckerberg needs to take an “active role” in serving to form the Trump administration’s tech insurance policies.
“Each time there is a new authorities, huge capitalism, huge cash, tries to place themselves ready to profit from it. And I feel that is what they’re doing,” says Magalhaes. And Musk’s use of X for explicitly political functions may induce the Trump administration to anticipate comparable behaviors from different corporations, he says. “I feel in that sense it’s a blueprint.”
Musk’s ambitions are clearly not restricted to the US. Because the election he has visited the UK to meet with far-right politicians there and posted about his support for the far-right Germany party, Alternative for Germany. Earlier this 12 months he attempted to defy a court order in Brazil that required X to take away sure far-right accounts that the courtroom stated have been undermining the integrity of the nation’s elections.
All of because of this Musk’s management over politics isn’t only a matter of his closeness to Trump. Even ought to the 2 titanic egos have a much-predicted blowup, Musk’s affect might be felt within the new coziness between Silicon Valley and the MAGA motion, and in no matter elements of the world on which he chooses to solid a watch.
In a method, it’s a return to acquainted floor. Even earlier than shopping for Twitter in 2022, Musk was an excellent person, one of many platform’s most adopted folks. His Tweets may have an effect on inventory costs for his different corporations, particularly Tesla, and his favored memecoin, Dogecoin. Trump, equally, was an lively Twitter person earlier than changing into president, and through his first presidency he was notorious for making policy by tweet. It now seems that the following 4 years, a minimum of, may see extra governance by social media submit—now simply by a unique shitposter.