Posted originally on the CTH on June 1, 2024 | Sundance
I’m just going to throw out a bunch of factual datapoints that seemingly mean something, but the larger ‘intent’ picture is still opaque. Many readers may not be familiar with the connective tissue between the names, so I’ll just cut to the chase.
According to media reports, Pershing Square Capital Management founder Bill Ackman is preparing to back Donald Trump in the 2024 election {LINK}. Bill Ackman is the Wall Street money guy backstopping Elon Musk, and Ackman created the financial vehicle to take the X-Platform back to the public market (unused mechanism).
To wit, Elon Musk is reportedly in frequent communication with President Trump {LINK} potentially now as an advisor to the campaign:
“As recently as two years ago, Trump and Musk were publicly trading insults. But in recent months, the two men are developing a friendly rapport and talk on the phone several times a month as the election nears, the people familiar with their talks said. The pair have held discussions on immigration, technology and science, including the U.S. Space Force. Their views and interests have grown more aligned, the people said, with Musk calling Trump directly on his cellphone.” (more)
Elon Musk (Tesla) does not want tariffs against Chinese electric vehicles. Axios is reporting that Musk plans to host an X-Platform townhall event with President Trump {LINK}. As the billionaire classes choose sides, Mark Cuban is aligned with the multinationals and Biden; meanwhile, Musk and Ackman now appear to be aligning with Trump.
JD Vance and Vivek Ramaswamy were college roommates. Both Vance and Ramaswamy were financially backed by Peter Thiel. Thiel and Musk (now with Ackman, Vance and Ramaswamy) seemingly run in the same tribal circles.
Curiously, this grouping who seemingly support cryptocurrency, along with a few others who do not openly support the Hamas faction of U.S financial interests, are moving deeper into the America-First Trump orbit. The question of their motive remains. Do they support the MAGA agenda, or are they worming their way into position in order to undermine it?
You decide.
