“The potential benefits for Elon Musk under a Trump presidency” – BBC.com

Billionaire entrepreneur Elon Musk could stand to benefit greatly from a potential second term for President Donald Trump, experts say.

Musk, the CEO of Tesla and SpaceX, has had a complicated relationship with Trump over the years. While Musk has criticized some of Trump’s policies, he has also praised the president’s pro-business stance and deregulation efforts.

One area where Musk could see significant gains under a Trump presidency is in the realm of government contracts. SpaceX, Musk’s aerospace company, has already secured several lucrative contracts with NASA under the Trump administration, including a $2.6 billion deal to build a spacecraft to land astronauts on the moon.

Additionally, Musk’s electric car company, Tesla, could benefit from Trump’s push to roll back fuel efficiency standards for vehicles. Trump has also expressed support for the development of autonomous vehicles, a market in which Tesla is a major player.

Furthermore, Musk’s renewable energy ventures, such as solar panel provider SolarCity, could benefit from Trump’s push to expand domestic energy production.

Despite these potential gains, Musk has not publicly endorsed Trump for re-election, and has even tweeted his support for Democratic candidate Joe Biden. However, with his business interests potentially on the line, Musk may find himself leaning towards Trump come Election Day.