How Elon Musk’s ‘Twilight Zone jigsaw puzzle’ Twitter purchase got him a Trump job - and richer

CNN Business11-13

New York CNN — Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483005712?lang=en_US&edition=fundamental","thumbnail":"https://media.cnn.com/api/v1/images/stellar/prod/c-gettyimages-2180560800.jpg?c=16x9&q=h_144,w_256,c_fill","is_english":true,"pubTime":"2024-11-13 19:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483005712","market":"us","top_or_hot":-1,"title":"How Elon Musk’s ‘Twilight Zone jigsaw puzzle’ Twitter purchase got him a Trump job - and richer","media":"CNN Business","content":"<div>\n<p>New York\nCNN\n         — \n    \n\n\n            Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It ...</p>\n\n<a href=\"https://edition.cnn.com/2024/11/13/business/elon-musk-trump-government-companies-hnk-intl/index.html\">Source Link</a>\n\n</div>\n","source":"cnn_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Elon Musk’s ‘Twilight Zone jigsaw puzzle’ Twitter purchase got him a Trump job - and richer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Elon Musk’s ‘Twilight Zone jigsaw puzzle’ Twitter purchase got him a Trump job - and richer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-13 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2024/11/13/business/elon-musk-trump-government-companies-hnk-intl/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York\nCNN\n         — \n    \n\n\n            Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It ...</p>\n\n<a href=\"https://edition.cnn.com/2024/11/13/business/elon-musk-trump-government-companies-hnk-intl/index.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0234570918.USD","symbol_name":"高盛全球核心股票组合Acc Close","start_time":0,"source_url":"https://edition.cnn.com/2024/11/13/business/elon-musk-trump-government-companies-hnk-intl/index.html","article_id":"2483005712","we_media_id":null,"thumbnails":["https://media.cnn.com/api/v1/images/stellar/prod/c-gettyimages-2180560800.jpg?c=16x9&q=h_144,w_256,c_fill"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483005712","pubTimestamp":1731495649,"sourceInfo":{"source_id":"cnn_highlight","name":"CNN Business"},"weMediaInfo":null,"summary":"Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It will add yet another responsibility to an ever-growing to-do list for the increasingly distracted CEO and business leader.Musk, chief executive of Tesla and SpaceX, owner of X and CEO of other ventures, including Neuralink, xAI and the Boring Company, is already a busy guy. Even if the Trump job is just a side hustle , it’s one more thing for Musk to do that isn’t running the world’s most valuable car company.But here’s the thing: Musk’s recent distractions may not ultimately matter for his  businesses. And there’s actually a strong case to be made that they’re paying off for investors.Meanwhile, SpaceX continues to keep a leg  up on the competition, and an era of deregulation under Trump could similarly help the company. SpaceX’s valuation reportedly topped an astounding $200 billion e","collect":0,"end_time":0,"defaultTopTitle":"cnn.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0234570918.USD":"高盛全球核心股票组合Acc Close","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","BK4592":"伊斯兰概念","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4508":"社交媒体","TSLA":"特斯拉","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4527":"明星科技股","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","BK4550":"红杉资本持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861558580.USD":"日兴方舟颠覆性创新基金B","TWTR":"Twitter","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4551":"寇图资本持仓","BK4574":"无人驾驶","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4581":"高盛持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","BK4099":"汽车制造商","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓"},"translate_title":"埃隆·马斯克(Elon Musk)购买“阴阳魔界拼图”Twitter如何让他获得特朗普的工作并变得更加富有","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TWTR":1,"TSLL":0.9,"TSLA":0.6},"content_text":"New York\nCNN\n         — \n    \n\n\n            Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It will add yet another responsibility to an ever-growing to-do list for the increasingly distracted CEO and business leader.\n    \n\n            Musk, chief executive of Tesla and SpaceX, owner of X and CEO of other ventures, including Neuralink, xAI and the Boring Company, is already a busy guy. Even if the Trump job is just a side hustle (the announcement said it’s kind of an advisory gig), it’s one more thing for Musk to do that isn’t running the world’s most valuable car company.\n    \n\n            But here’s the thing: Musk’s recent distractions may not ultimately matter for his (many) businesses. And there’s actually a strong case to be made that they’re paying off for investors.\n    \n\n            Tesla, Musk’s most valuable company, in recent years has struggled to maintain its dominance of the electric vehicle market. Sales slowed as Tesla faces increased competition on both the higher end and lower end of the market, and Tesla was recently overtaken by Chinese rival BYD for EV sales. Meanwhile, Tesla has faced numerous federal investigations over its self-driving technology, and the company’s long-promised autonomous “Cybercab” announcement last month included a number of pie-in-the-sky promises that sounded like a lot of fluff – even coming from notorious over-promiser Musk.\n    \n\n            But, for Tesla investors, that’s all been in the rear view mirror over the past week. Tesla’s (TSLA) stock has surged 31% since Election Day, because investors believe that Musk’s influence in Trump’s government will usher in an era of deregulation – particularly in key industries and technologies that could benefit the company.\n    \n\n            “The benefits of Musk’s involvement in Trump’s government outweigh the negatives,” said Dan Ives, an analyst at Wedbush Securities. “Tesla investors want Musk more involved in the Trump White House – not less – because of his influence on advancing AI, China tariffs and fast-tracking autonomous driving regulations.”\n    \n\n            Musk, Tesla’s largest individual shareholder, has personally reaped the rewards of the stock’s surge. He’s $55 billion richer today than he was on Election Day, according to Bloomberg’s Billionaires Index.\n    \n\n            Trump has stated his disdain for electric vehicles, but that ultimately may not matter much for Tesla – in fact, eliminating tax credits may help Tesla by reducing competition that relies more heavily on them to boost sales demand. Also, multiple federal investigations of Tesla’s self-driving technology could vanish, Ives said.\n    \n\n            Meanwhile, SpaceX continues to keep a leg (and entire astronauts) up on the competition, and an era of deregulation under Trump could similarly help the company. SpaceX’s valuation reportedly topped an astounding $200 billion earlier this year, according to Bloomberg, and after a Boeing snafu with its Starliner, SpaceX had to come rescue astronauts stranded by its crippled rival. And the company is now catching rocket boosters out of the air with “chopsticks.”\n    \n\n            X, by contrast, has clearly struggled under Musk – it has lost 80% of its value, according to Fidelity, as advertisers flee the social network that has become a free-for-all for hate speech and conspiracy theories. But that’s not because Musk has been distracted – if anything, participation on X has become Musk’s primary focus, with constant posts espousing his increasingly right-wing views.\n    \n\n            But, ironically, Musk’s controversial – and expensive – $44 billion purchase of then-Twitter (now X) in 2022 set in motion his descent into the MAGA rabbit hole – and ascent in Trumpworld that propelled him to a role in which he has the next president’s ear. And that has given Tesla a valuation north of $1 trillion. It’s one of just nine companies on the stock market with a 13-figure valuation.\n    \n\n            Ives called Musk’s path a “Twilight Zone jigsaw puzzle.”\n    \n\n            “It’s a ride that feels like it’s just starting,” Ives noted.\n    \n\n            Of course, that’s if Trump and Musk remain on good terms. Trump has a long list of former allies who fell out of favor for one reason or another. And no matter how much power and influence Musk could yield, Trump will hold the ultimate trump card: He’ll be president.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483005712"}