this post was submitted on 11 Nov 2024
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I don’t think it was a bad purchase after he succeeded in electing Trump.
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?
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.
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.
He's going to be in charge of Department of Government Efficiency (DOGE)