3 sources·Politics

Elon Musk Emerges as Key Political Ally to Donald Trump

Musk's influence grows in Trump's administration, while TikTok CEO seeks his counsel amid looming U.S. ban deadline.

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Updated: Nov 23rd, 2024, 5:53 PM ET

Summary

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Elon Musk has become a vital political ally for Donald Trump as he prepares for his second term. Despite Musk's influence and financial support, Trump chose Scott Bessent over Musk's preferred candidate for Treasury secretary. Meanwhile, TikTok CEO Shou Chew has reached out to Musk for insights on U.S. tech policies as he navigates a looming deadline that may force parent company ByteDance to sell the app or face a ban in the U.S. Trump's mixed signals regarding TikTok's future suggest a potential complicating factor ahead as he takes office.

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