Elon Musk has voiced concerns over U.S. democracy, suggesting Donald Trump’s re-election is crucial to maintaining fair elections.
In an interview with Tucker Carlson, Elon Musk expressed fears for the future of U.S. democracy, claiming that if Donald Trump loses the upcoming election, it could undermine the democratic process. Musk criticised current political trends, particularly around immigration policies, which he believes are manipulated to benefit the Democratic Party's voter base.
Musk also alluded to personal repercussions if Trump fails to win, hinting at potential legal consequences, possibly including jail time. His concerns reflect deeper anxieties about his future should the political landscape shift against him.
Another major issue Musk highlighted is the Federal Communications Commission’s (FCC) decision to cancel a Starlink contract. He claimed that political motivations drove the cancellation, which affected efforts to provide satellite internet to disaster-stricken areas, such as those impacted by Hurricane Helene.
To bolster Trump’s campaign, Musk recently attended a Trump rally in Butler, Pennsylvania, identifying himself as “Dark MAGA.” This move raised Trump’s electoral momentum, along with a surge in MAGA-related cryptocurrencies.
Trump’s current lead over Kamala Harris in the polls has spurred debate over its potential impact on the crypto industry. Polymarket data shows Trump at 52.6%, ahead of Harris’ 46.5%. A Trump victory could result in the dismissal of SEC Chairman Gary Gensler, with Robinhood’s Dan Gallagher considered a possible replacement. This change could signal more favourable regulatory conditions for crypto firms, which Musk supports.
Read more: Kamala Harris Promises Blockchain Support as Trump Pushes Pro-Crypto Policies
Musk’s political involvement and his predictions about the future of democracy raise concerns about impartiality, and his business interests may affect his judgment.
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