Elon Musk/Trump News

Advisory role

On May 29, The Wall Street Journal reported that Trump was considering a “possible advisory role” for Musk if he were to reclaim the White House in November’s election.

Both men once had a tense relationship but are now engaged in political talks about policy ideas, such as immigration and, reportedly,crypto. 

Elon Musk has announced that he will not be contributing to either presidential campaign in the upcoming election. But, he has allegedly informed Trump that he intends to hold events to discourage rich supporters from backing Joe Biden in November. 

This relationship is significant for the crypto market as both Musk and Trump have the potential to influence public attitudes toward digital currencies. Their discussions and Musk’s active stance could
sway investor sentiment and shape future regulatory policies, impacting the broader adoption and stability of crypto.

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