- Reports suggest Trump may consider Musk for an advisory role on economic and border policy if re-elected.
- Elon Musk denied discussing cryptocurrency policy with Trump but supports crypto’s power shift from government to people.
- Trump’s campaign is now open to cryptocurrencies, accepting donations and building a “crypto army” for Election Day.
Trump may offer a finance advisor role to Musk if he is re-elected in the U.S elections, according to Bloomberg’s report. Though reports state that Musk discussed cryptocurrency policies with Trump, he denied the claim via his recent X post.
Trump and Musk Discussions
According to the Wall Street Journal report, Trump and Musk discussed ways for the tech mogul to have a wide advising role if Trump wins a second term in November, but the specific nature of such an agreement is still being debated. Musk has also spoken with Trump associates about electric automobiles and the space program, which are closely tied to the two firms for which he serves as CEO, Tesla Inc. and SpaceX.
Donald Trump’s Crypto Holdings Surge Past $10 Million Amid TRUMP Token RallyThe billionaires’ communication has increased in recent months as the campaign relies more on Musk for cryptocurrency insights. In March, Musk attended a donor gathering for Trump but said that he had no plans to give to either Trump or President Joe Biden after the event.
Musk Denied WSJ News About Financial Advisor Role
Elon Musk said in his X account, he had not spoken with former President Donald Trump about joining a second Trump government. Musk’s denial comes only one day after The Wall Street Journal claimed that Trump intended to grant Musk an advising post if he won the 2024 election. Musk also stated that he did not spoke with Trump about crypto.
Brian Hughes Insights
Trump spokesman Brian Hughes said in a statement, “President Trump will be the only voice of what role an individual plays in his presidency.” He added, “Many of the nation’s most important leaders in technology and innovation are concerned with the damage done to their industry by Biden’s failures.”
Trump’s Campaign vs. Biden’s Campaign
Earlier this month, Trump’s presidential campaign announced that it would begin collecting Bitcoin donations to develop a “crypto army” before Election Day. Meanwhile, President Biden’s re-election campaign has reportedly begun contacting the cryptocurrency industry to seek guidance on future crypto policy, according to fastbull news report.