In a recent interview with Tucker Carlson, Elon Musk voiced strong support for Donald Trump’s presidential campaign while sharing his concerns about the future of democracy in the United States. Musk suggested that if Trump loses the upcoming election, it could lead to severe consequences for democratic processes in the country.
The Tesla CEO also expressed personal apprehension, stating that if Trump loses, his own future may be at risk, predicting possible jail time.
Elon Musk Claims U.S. Democracy Is at Risk if Trump Loses
During the interview with Tucker Carlson, Elon Musk discussed his concerns over U.S. democracy, suggesting that Donald Trump is pivotal to its future. Musk asserted that if Trump loses the upcoming election, it could spell the end of genuine democratic elections in the United States.
More so, he criticized current political trends, particularly regarding immigration policies, which he claimed were manipulated to secure a permanent Democratic voter base. According to Musk, these shifts could fundamentally undermine the fairness of elections.
In addition to concerns about democracy, Musk predicted dire personal consequences if Trump fails to secure victory. He remarked that if Trump loses, he would be in trouble, hinting at possible legal repercussions or jail time.
Another critical point Elon Musk raised during the interview was the Federal Communications Commission’s (FCC) decision to cancel a contract awarded to Starlink, his satellite internet venture. Musk suggested that the decision to revoke the contract was influenced by partisan politics rather than objective reasoning.
He remarked that the cancellation came after a political decision, which he viewed as a direct attack on his business.
The contract was meant to provide Starlink services to disaster-stricken areas, such as those affected by Hurricane Helene. According to Musk, the FCC’s decision hindered these efforts, causing delays in providing aid.
Following these major government criticisms, Elon Musk has stepped up his efforts to ensure a Donald Trump win. Most recently, he attended Trump’s rally in Butler, Pennsylvania, where he declared himself “Dark MAGA.” This appearance boosted Trump’s winning odds and led to a MAGA price surge alongside other Trump-related tokens
Impact of Trump’s Lead Over Harris on the Crypto Market
Donald Trump’s lead over Kamala Harris has sparked discussions on how the election results could influence the crypto industry. Polymarket data reveals that Trump currently holds a lead of 52.6%, compared to Harris’ 46.5%. This shift in momentum has significant implications for the crypto sector, particularly regarding regulatory changes that could follow a Trump victory.
If Donald Trump wins the presidency, it could result in the dismissal of the current controversial SEC Chairman Gary Gensler. Reports suggest that Trump would likely replace Gensler with Robinhood’s Chief Legal Officer, Dan Gallagher. Gallagher’s potential appointment is seen by many in the financial sector as a positive step toward more favorable crypto regulations. Elon Musk has expressed optimism about Trump’s policies, which could offer more regulatory clarity for crypto firms.
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