Waking up to the world S Elon Musk problem
The Straits Times|October 26, 2024
While the world watches Trump, it's the tech tycoon whose influence may have greater global consequences.
Bhavan Iaipragas
Waking up to the world S Elon Musk problem

By now, many are fed up with the endless predictions of what the Nov 5 US presidential election might bring.

Depending on which camp you listen to, doom and gloom will befall America should the other side win. It doesn't help that pollsters offer no clue with their "too close to call" predictions.

This week, Mr Larry Fink, chief executive of Black Rock, the world's largest asset manager, captured this fatigue perfectly when he said he was "tired of hearing this is the biggest election of your lifetime", adding that "over time, it doesn't matter".

But here's a prognostication that might still resonate: While the world fixates on Donald Trump and the upcoming election, it's Mr Elon Musk whose influence arguably extends even farther than the Republican nominee's - that we should be bracing ourselves for.

The world's richest man, now closely aligned with his political BFF, Trump, is the one whose growing power should truly concern us. Their bond seems to tighten as polling day draws near.

Mr Musk has been a constant presence in the race, most recently stirring controversy with his US$1 million (S$1.32 million) lottery- style giveaway to swing- state voters who sign his free-speech and gun-rights petition.

Adding to the tension, his political action committee (PAC) launched an online group on X on Oct 22, inviting users to report alleged voter fraud or irregularities - potentially turning the platform into a battleground for post-election disputes.

These moves make it clear Mr Musk is not just watching from the sidelines; he is fully in the thick of it. He s a Trump surrogate, a mega-donor - his PAC has already spent US$119 million this election - and an informal adviser, constantly stirring the pot online.

It begs the question: What does he hope to gain from his investment?

Denne historien er fra October 26, 2024-utgaven av The Straits Times.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra October 26, 2024-utgaven av The Straits Times.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE STRAITS TIMESSe alt
The Straits Times

Respect ban on Elena's coach, says Swiatek

Iga Swiatek believes the WTA's decision to ban Elena Rybakina's coach Stefano Vukov for breaching the tour's code of conduct should be respected and the process behind it should be trusted.

time-read
2 mins  |
February 18, 2025
1% Chance To Defeat Real: Pep
The Straits Times

1% Chance To Defeat Real: Pep

City boss knows his side face mountain to climb at Bernabeu in 2nd leg of play-off

time-read
3 mins  |
February 18, 2025
Price Of Sustainability
The Straits Times

Price Of Sustainability

Hotel overhauls, changes in food sources to add to cost of greener stays

time-read
7 mins  |
February 18, 2025
Is DEI Really Dead?
The Straits Times

Is DEI Really Dead?

Behind the headline-making war on diversity programmes by the Trump administration lies a more complex reality.

time-read
7 mins  |
February 18, 2025
A messy doping case, a troubled sport, a poised player
The Straits Times

A messy doping case, a troubled sport, a poised player

As words go, poise is a pretty one. It denotes equilibrium under stress and composure in crisis.

time-read
3 mins  |
February 18, 2025
Fight travel lethargy at wellness space in T2 transit area
The Straits Times

Fight travel lethargy at wellness space in T2 transit area

A new wellness space designed to help passengers combat travel lethargy has opened in the transit area of Changi Airport Terminal 2 (T2), said operator Changi Airport Group (CAG) on Feb 17.

time-read
2 mins  |
February 18, 2025
Singapore's Key Exports Resilient Despite Dip in January Amid CNY Period
The Straits Times

Singapore's Key Exports Resilient Despite Dip in January Amid CNY Period

Singapore's key exports remain resilient even though they contracted in January amid the Chinese New Year period, following two consecutive months of expansion in November and December 2024.

time-read
3 mins  |
February 18, 2025
Alibaba's Jack Ma shakes Xi's hand at meeting of China's business titans
The Straits Times

Alibaba's Jack Ma shakes Xi's hand at meeting of China's business titans

Ma's appearance signals Beijing's desire to inject confidence into the private sector

time-read
3 mins  |
February 18, 2025
The Straits Times

Singapore's 2035 climate targets feasible but collaboration, geopolitical stability vital: Experts

Road to 2035: Driving down emissions

time-read
3 mins  |
February 18, 2025
The Straits Times

Japan's Peach airline warned after pilot breached alcohol ban

Japan's low-cost carrier Peach Aviation received a warning from the Civil Aviation Bureau after the captain of a Jan 7 flight from Singapore to Kansai drank two cans of beer despite a pre-shift alcohol ban, and skipped an alcohol test before operating the plane.

time-read
1 min  |
February 18, 2025