this post was submitted on 11 Nov 2024
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Nope. His major companies rely on government funding and regulation, and now he's going to be whatever it was called for Trump. A cool 44 billion to actually control parts of government?
Sort of, but they also benefit from tariffs and lower regulation:
He is also big into cryptocurrencies, so he stands to gain there as well.
All in all, there's a good chance he makes his $44B back by having Trump's ear and being able to encourage certain changes over others.
They’re indirectly in his pocket. And in my view paying 44 billion to control parts of a government in the most powerful country in existence is nothing to scoff at.
He's going to be in charge of Department of Government Efficiency (DOGE)