Musk and Trump: The "Fascinating Combination" of the 2024 US Election

In the 2024 US presidential election, a notable phenomenon is entrepreneur Elon Musk's strong support for former president Trump. This support is reflected not only in substantial financial donations but also in public endorsements and various innovative campaigning methods.

Elon Musk donated $75 million to a political action committee supporting Trump in the third quarter, becoming the largest donor besides Sheldon Adelson. This funding is a timely boost for Trump's campaign, as the Democrats have consistently maintained an advantage in fundraising.

In addition to financial support, Musk also leveraged his social media influence to hype Trump. He hosted exclusive interviews on the X platform, attracting a lot of attention. Furthermore, Musk participated in Trump's campaign rallies and gave speeches in support of him.

Recently, Musk launched a controversial lottery that offers voters participating in petition activities in key swing states a chance to win a million dollars. Although this approach has raised legal compliance questions, it undoubtedly increases voter engagement.

The relationship between Musk and Trump has not always been so harmonious. The two have previously attacked each other multiple times on social media. However, as Musk's ideological differences with the Democratic Party deepened and the regulatory pressures faced by his company increased, he gradually shifted to support the Republican Party.

Behind Musk's support for Trump, there seems to be some kind of quid pro quo. Trump has mentioned that if elected, he would establish a "Government Efficiency Committee" led by Musk. The functions of this committee have raised some concerns about potential conflicts of interest.

For Musk, the outcome of this election may have a significant impact on his business empire. He has expressed concerns about his personal safety multiple times, which may be one of the reasons he is so invested in supporting Trump.

Currently, although the polling results are mixed, Trump's support is rising in key swing states. Both the betting markets and crypto prediction markets indicate that Trump has a better chance of winning.

Regardless of the final outcome, Musk and Trump, this pair of "interests brothers," have become closely linked, jointly influencing this crucial political contest.