1 00:00:03,080 --> 00:00:07,440 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:09,560 --> 00:00:16,040 Speaker 2: Ladies and gentlemen, please welcome President elect Donald J. Trump, 3 00:00:16,600 --> 00:00:20,800 Speaker 2: First Lady Melaia Trump, and the Trump family. 4 00:00:21,320 --> 00:00:24,000 Speaker 3: It's around two thirty am, the night of the election, 5 00:00:24,480 --> 00:00:25,680 Speaker 3: West Palm Beach, Florida. 6 00:00:26,640 --> 00:00:27,360 Speaker 4: Well, I want to. 7 00:00:27,360 --> 00:00:28,600 Speaker 5: Thank you all very much. 8 00:00:28,640 --> 00:00:29,360 Speaker 4: This is great. 9 00:00:29,400 --> 00:00:30,320 Speaker 5: These are our friends. 10 00:00:30,400 --> 00:00:32,280 Speaker 4: We have thousands of friends in this. 11 00:00:33,760 --> 00:00:35,239 Speaker 5: Incredible movement. 12 00:00:36,120 --> 00:00:39,440 Speaker 3: Pretty much everyone was expecting a close race, the polls, 13 00:00:39,880 --> 00:00:43,880 Speaker 3: the pundits, even the candidates. But by midnight on the 14 00:00:43,920 --> 00:00:47,199 Speaker 3: East Coast, we more or less new Trump had done it, 15 00:00:47,680 --> 00:00:48,920 Speaker 3: and not just Trump. 16 00:00:50,120 --> 00:00:52,720 Speaker 4: Let me tell you, we have a new star. The 17 00:00:52,880 --> 00:01:00,760 Speaker 4: star is born Nylan noh he is now He's an 18 00:01:00,800 --> 00:01:01,480 Speaker 4: amazing guy. 19 00:01:01,560 --> 00:01:07,120 Speaker 3: By the next morning, it was official. Trump won Wisconsin, Pennsylvania, Michigan, 20 00:01:07,360 --> 00:01:11,520 Speaker 3: North Carolina, Georgia, every swing state but Nevada and Arizona. 21 00:01:12,560 --> 00:01:16,319 Speaker 3: Later that week he'd win those two. Kamala Harris called 22 00:01:16,319 --> 00:01:19,800 Speaker 3: Trump the next morning to congratulate him. Biden called two 23 00:01:20,280 --> 00:01:22,880 Speaker 3: at four pm. Harris gave her concession speech. 24 00:01:31,000 --> 00:01:35,959 Speaker 6: I was relieved and grateful that we had a decision 25 00:01:36,080 --> 00:01:36,800 Speaker 6: so fast. 26 00:01:37,319 --> 00:01:42,399 Speaker 3: Joan Donovan, again journalism professor, disinformation expert, spent a lot 27 00:01:42,440 --> 00:01:46,080 Speaker 3: of time thinking and writing about January sixth of twenty twenty. 28 00:01:46,680 --> 00:01:49,760 Speaker 3: She's been watching Elon Musk plus his army of followers 29 00:01:49,760 --> 00:01:53,680 Speaker 3: and fanboys. In the months before the election, they posted 30 00:01:53,720 --> 00:01:56,760 Speaker 3: so many conspiracy theories Democrats were going to steal the 31 00:01:56,840 --> 00:02:00,960 Speaker 3: vote again. You can't trust the media and trust the polls. 32 00:02:01,200 --> 00:02:04,840 Speaker 3: That anything other than a landslide victory for Trump is fraud. 33 00:02:05,480 --> 00:02:08,240 Speaker 3: And so she figured if Harris wins, or even if 34 00:02:08,240 --> 00:02:12,359 Speaker 3: it's close, Elon could call it fraud. That means violence 35 00:02:12,600 --> 00:02:16,600 Speaker 3: against a poll worker or a poll site or something worse. 36 00:02:17,400 --> 00:02:19,960 Speaker 6: And so it's very difficult to know what they're going 37 00:02:20,040 --> 00:02:25,920 Speaker 6: to do. People are planning different kinds of violence and 38 00:02:25,960 --> 00:02:30,320 Speaker 6: destruction if Trump hadn't won again. 39 00:02:30,720 --> 00:02:35,359 Speaker 3: This wasn't theoretical fear. Post election things are mostly calm. 40 00:02:35,760 --> 00:02:39,360 Speaker 3: Three weeks ago, not so much. Ballot boxes set on 41 00:02:39,400 --> 00:02:44,200 Speaker 3: fire in Washington and Oregon and Arizona, bomb threats called 42 00:02:44,200 --> 00:02:48,480 Speaker 3: into polling places in Georgia and Pennsylvania. Elon tweeting like 43 00:02:48,520 --> 00:02:52,160 Speaker 3: a maniac. Felt like we were in a tinderbox and 44 00:02:52,200 --> 00:02:53,280 Speaker 3: he was holding the match. 45 00:02:53,960 --> 00:02:57,280 Speaker 6: And so at least we know what the outcome is, 46 00:02:57,400 --> 00:03:01,799 Speaker 6: we can accept that outcome and can move forward with 47 00:03:01,840 --> 00:03:06,840 Speaker 6: some social assurances that the election had not been rigged. 48 00:03:07,639 --> 00:03:11,040 Speaker 3: There were so many warnings from both sides, from experts 49 00:03:11,040 --> 00:03:16,600 Speaker 3: like Joan about the future of democracy. But then it worked. 50 00:03:17,200 --> 00:03:20,720 Speaker 3: The person with the most votes won. Like Elon said 51 00:03:20,720 --> 00:03:23,360 Speaker 3: when he brought Trump back on Twitter, the voice of 52 00:03:23,360 --> 00:03:26,240 Speaker 3: the people is the voice of the gods. 53 00:03:27,040 --> 00:03:29,359 Speaker 5: I'm Max Chafkin. This is citizen Elon. 54 00:03:32,000 --> 00:03:37,920 Speaker 3: So we made it post election. Trump definitely won. Something 55 00:03:38,000 --> 00:03:39,120 Speaker 3: else that's indisputable. 56 00:03:39,680 --> 00:03:42,880 Speaker 5: Elon won. How did he get there? How did he 57 00:03:42,960 --> 00:03:44,400 Speaker 5: do it? James? 58 00:03:44,640 --> 00:03:50,640 Speaker 3: Are you there not hearing James from Flat Rocket? On 59 00:03:50,680 --> 00:03:54,000 Speaker 3: November fourth, the night before the election, Elon scheduled one 60 00:03:54,040 --> 00:03:56,480 Speaker 3: of his town halls. It was supposed to be virtual 61 00:03:56,720 --> 00:04:00,320 Speaker 3: and it be live streamed on Twitter as usual. The 62 00:04:00,320 --> 00:04:04,280 Speaker 3: event started late, a few things went wrong. Elon got frustrated. 63 00:04:04,560 --> 00:04:08,920 Speaker 7: You know, I think, let's uh, let's cancel this. Give 64 00:04:09,000 --> 00:04:12,040 Speaker 7: him this in some technical challenges, and. 65 00:04:12,000 --> 00:04:15,080 Speaker 3: He announced instead of this town hall Q and A, 66 00:04:15,520 --> 00:04:17,960 Speaker 3: folks should listen to the interview he'd done that day 67 00:04:18,120 --> 00:04:25,159 Speaker 3: on Joe Rogan's show at two and a half hour podcast. 68 00:04:23,400 --> 00:04:25,200 Speaker 5: Good Joe Wrogan Experience. 69 00:04:25,360 --> 00:04:28,800 Speaker 8: First of all, thank you so much for buying Twitter. 70 00:04:29,000 --> 00:04:31,640 Speaker 8: You're looking so much. I think you changed the course 71 00:04:31,680 --> 00:04:33,080 Speaker 8: of history. I really do. 72 00:04:33,200 --> 00:04:36,239 Speaker 3: If you've ever listened to Rogan, you know the conversations wander. 73 00:04:36,760 --> 00:04:38,240 Speaker 3: They started with video games. 74 00:04:38,240 --> 00:04:41,760 Speaker 8: Surgeons who regularly play video games make less errors. 75 00:04:41,520 --> 00:04:44,800 Speaker 3: How awesome eating meat is, how creatine is good for you. 76 00:04:44,960 --> 00:04:47,880 Speaker 8: Yeah, creatine is actually a neotropic, believe it or not, but. 77 00:04:47,920 --> 00:04:51,440 Speaker 3: Factory farming isn't. And about the exact right dosage of 78 00:04:51,480 --> 00:04:53,040 Speaker 3: amphetamines in higher doses. 79 00:04:53,080 --> 00:04:56,800 Speaker 7: Man, I've seen people turn into just raging monsters. They're 80 00:04:56,839 --> 00:04:59,360 Speaker 7: just angry, like extremely angry all the time. 81 00:04:59,520 --> 00:05:00,920 Speaker 5: Yeah, they're messed up. 82 00:05:01,000 --> 00:05:03,720 Speaker 3: They went through a long list of Elon's grievances, which 83 00:05:03,760 --> 00:05:07,480 Speaker 3: basically boiled down to anything stopping him from making money 84 00:05:08,080 --> 00:05:09,640 Speaker 3: is bad, if not evil. 85 00:05:09,720 --> 00:05:14,120 Speaker 7: They decided SpaceX was a target like Stalin's, like chief Torturer. 86 00:05:14,400 --> 00:05:16,280 Speaker 7: One of his famous quotes was show me the man, 87 00:05:16,320 --> 00:05:17,279 Speaker 7: and I'll show you the crime. 88 00:05:18,120 --> 00:05:21,320 Speaker 3: Right, And eventually they got to the White House Correspondent's 89 00:05:21,360 --> 00:05:26,400 Speaker 3: Dinner twenty eleven. Rogan remembers Obama basically saying Donald Trump, 90 00:05:26,600 --> 00:05:27,560 Speaker 3: you know what, You'll never. 91 00:05:27,440 --> 00:05:28,919 Speaker 5: Be president of the United States. 92 00:05:28,920 --> 00:05:30,440 Speaker 8: You see Trump and the ions going okay, I'm on 93 00:05:30,520 --> 00:05:30,880 Speaker 8: the floor. 94 00:05:31,440 --> 00:05:33,760 Speaker 7: The degree to which they attacked Trump at that whitest 95 00:05:33,760 --> 00:05:36,000 Speaker 7: Correspon Center was really so over the top. It was 96 00:05:36,080 --> 00:05:40,240 Speaker 7: like making everyone uncomfortable. They twisted the knife big on Trump, 97 00:05:40,520 --> 00:05:43,120 Speaker 7: and I was like, man, this is not good karma, 98 00:05:43,240 --> 00:05:43,480 Speaker 7: you know. 99 00:05:44,279 --> 00:05:47,680 Speaker 3: And there it is a shared sense of grievance, humiliation, 100 00:05:48,520 --> 00:05:49,440 Speaker 3: a revenge story. 101 00:05:49,960 --> 00:05:50,880 Speaker 5: Elon and Trump. 102 00:05:51,080 --> 00:05:53,760 Speaker 3: They really are the same person, and Elon seems to 103 00:05:53,760 --> 00:05:57,279 Speaker 3: know it. But then Rogan brought up the impetus Obama 104 00:05:57,360 --> 00:05:59,839 Speaker 3: wasn't roasting Trump for the hell of it. He was 105 00:06:00,000 --> 00:06:04,679 Speaker 3: responding to the literal conspiracy theory Trump successfully spread about 106 00:06:04,680 --> 00:06:07,839 Speaker 3: the president not being born in America. And what's funny 107 00:06:07,960 --> 00:06:11,159 Speaker 3: is Elon went ahead and rewrote history. 108 00:06:11,440 --> 00:06:13,960 Speaker 5: He asked Rogan, was Trump actually saying that. 109 00:06:14,640 --> 00:06:15,680 Speaker 9: No, he definitely was. 110 00:06:15,960 --> 00:06:17,960 Speaker 5: He was definitely saying he's from Kenya. 111 00:06:18,400 --> 00:06:21,080 Speaker 3: Trump, Rogan said, he was actually a victim of a 112 00:06:21,120 --> 00:06:26,440 Speaker 3: busted up information ecosystem, people wanting to manipulate him. Elon, 113 00:06:26,480 --> 00:06:30,520 Speaker 3: though he stayed on message, he turned somberly, looked straight 114 00:06:30,520 --> 00:06:32,960 Speaker 3: into the camera and said, men. 115 00:06:32,800 --> 00:06:36,760 Speaker 7: Need to vote. That is the biggest issue. So I'm 116 00:06:36,800 --> 00:06:38,960 Speaker 7: just like saying, there's a message to the men out there. 117 00:06:39,440 --> 00:06:41,240 Speaker 7: Vote like your life depends on it, because I think 118 00:06:41,240 --> 00:06:44,520 Speaker 7: it does. Vote quote tomorrow like your life depends on it. 119 00:06:44,560 --> 00:06:47,719 Speaker 5: Nothing is more important. Oh. 120 00:06:48,240 --> 00:06:50,960 Speaker 3: For a few hours on election day, it seemed Elon 121 00:06:51,080 --> 00:06:54,680 Speaker 3: worried he'd backed the wrong horse. He was quiet he'd 122 00:06:54,720 --> 00:06:58,880 Speaker 3: gambled so much on Trump. The money, yes, but also 123 00:06:58,920 --> 00:07:04,360 Speaker 3: his reputation. Tesla's customers they're fans of the old Elon Musk, 124 00:07:04,800 --> 00:07:07,640 Speaker 3: not the guy who tweets about immigrants replacing white people. 125 00:07:08,600 --> 00:07:13,920 Speaker 3: Mostly they're Kamala voters. In the late afternoon, Musk voted 126 00:07:13,920 --> 00:07:17,400 Speaker 3: in Brownsville, right on the Mexico border. He posed for 127 00:07:17,440 --> 00:07:20,600 Speaker 3: a photo op, then he got on his plane headed 128 00:07:20,600 --> 00:07:24,280 Speaker 3: to mar A Lago, where Trump was. By eight thirty 129 00:07:24,320 --> 00:07:28,320 Speaker 3: that night, things started leaning in Trump's favor. Elon started 130 00:07:28,320 --> 00:07:32,960 Speaker 3: cracking jokes again on Twitter. Later, a picture began circulating 131 00:07:32,960 --> 00:07:36,920 Speaker 3: from Trump's private watch party in mar A Lago. Three 132 00:07:36,960 --> 00:07:41,160 Speaker 3: men huddled in conversation, Donald Trump, his transition co chair, 133 00:07:41,600 --> 00:07:45,960 Speaker 3: and of course Elon Musk. In the background was a 134 00:07:46,000 --> 00:07:49,280 Speaker 3: CNN screen with the electoral count Trump was winning. 135 00:07:50,120 --> 00:07:52,440 Speaker 10: It's kind of rare for people to change their strikes. 136 00:07:52,960 --> 00:07:55,800 Speaker 3: That's Josh Green again. He works with me at BusinessWeek. 137 00:07:56,680 --> 00:08:01,080 Speaker 3: Josh was skeptical of Elon's commitment to politics, that is, 138 00:08:01,280 --> 00:08:03,720 Speaker 3: before Elon started putting his money where his mouth. 139 00:08:03,640 --> 00:08:06,520 Speaker 10: Was, and the fact that he's kind of rocketed onto 140 00:08:06,560 --> 00:08:10,360 Speaker 10: the scene no pun intended. What's exciting about Trump, at 141 00:08:10,440 --> 00:08:13,200 Speaker 10: least from a journalistic standpoint, is there are always these 142 00:08:13,320 --> 00:08:17,960 Speaker 10: new characters and storylines, and like, you know, Elon is 143 00:08:18,120 --> 00:08:22,640 Speaker 10: like the star of Season two, Episode one of the 144 00:08:22,640 --> 00:08:23,520 Speaker 10: Trump White House. 145 00:08:24,120 --> 00:08:28,440 Speaker 3: Elon's everywhere in mar al Lago on election night, Uncle 146 00:08:28,480 --> 00:08:32,439 Speaker 3: Elon on Instagram and Trump's family photos, at meetings with 147 00:08:32,520 --> 00:08:37,200 Speaker 3: lawmakers and DC on the phone with Vladimir Zelenski. Trump 148 00:08:37,280 --> 00:08:41,400 Speaker 3: turns it into a running joke. Wherever he goes, Elon 149 00:08:41,440 --> 00:08:41,920 Speaker 3: goes too. 150 00:08:42,600 --> 00:08:43,640 Speaker 4: You know, he likes his place. 151 00:08:43,720 --> 00:08:44,800 Speaker 5: I can't get him out of here. 152 00:08:44,840 --> 00:08:45,880 Speaker 6: He just likes this place. 153 00:08:47,600 --> 00:08:51,439 Speaker 4: He's done a fantastic job. Really an incredible miss. 154 00:08:51,280 --> 00:08:54,959 Speaker 3: Insult wrapped in compliments. We've seen it before. Trump has 155 00:08:55,000 --> 00:08:57,720 Speaker 3: a long history of firing people. It was true on 156 00:08:57,760 --> 00:09:01,480 Speaker 3: The Apprentice, it was true in the White House almost always. 157 00:09:01,800 --> 00:09:04,199 Speaker 5: You can see it coming, you know, when Trump starts 158 00:09:04,280 --> 00:09:05,440 Speaker 5: to get annoyed with people. 159 00:09:06,080 --> 00:09:08,720 Speaker 10: You can kind of feel it in the Richter's scale 160 00:09:08,760 --> 00:09:11,480 Speaker 10: in Washington, like, there will be little asides in Politico 161 00:09:11,600 --> 00:09:14,319 Speaker 10: or Washington Post stories, and you know they'll be leaked 162 00:09:14,320 --> 00:09:18,240 Speaker 10: anonymously by Trump aids, and then Trump himself will say 163 00:09:18,280 --> 00:09:23,800 Speaker 10: something or tweet something belittling, like publicly humiliating him to 164 00:09:23,880 --> 00:09:27,120 Speaker 10: sort of, you know, assert his dominance and express his annoyance, 165 00:09:27,840 --> 00:09:29,440 Speaker 10: you know, and then all of a sudden, one day 166 00:09:29,600 --> 00:09:31,679 Speaker 10: it will just be announced that, like, you know, he's 167 00:09:31,720 --> 00:09:33,040 Speaker 10: no longer in the end circle. 168 00:09:33,240 --> 00:09:36,440 Speaker 5: Or that's one possibility. There's others too. 169 00:09:37,200 --> 00:09:40,240 Speaker 3: A week after the election, Trump officially named Elon the 170 00:09:40,280 --> 00:09:44,520 Speaker 3: co head of the still unrealized Department of Government Efficiency. 171 00:09:45,360 --> 00:09:49,520 Speaker 3: By the way, the Department of Government Efficiency doge. Elon 172 00:09:49,640 --> 00:09:52,880 Speaker 3: named it for a cryptocurrency he likes. Trump says it 173 00:09:52,880 --> 00:09:56,839 Speaker 3: will become quote potentially the Manhattan Project of our time. 174 00:09:57,240 --> 00:09:59,440 Speaker 10: So really, at the end of the day, it's what 175 00:09:59,559 --> 00:10:01,920 Speaker 10: used to be in Washington, a blue ribbon commission. It's 176 00:10:01,920 --> 00:10:04,400 Speaker 10: basically this kind of phony concoction that you whip into 177 00:10:04,480 --> 00:10:08,760 Speaker 10: being to give important people something to do and something 178 00:10:08,760 --> 00:10:11,280 Speaker 10: to talk about, hopefully draw some media attention. But that 179 00:10:11,320 --> 00:10:13,719 Speaker 10: doesn't have any real power. And as far as I 180 00:10:13,760 --> 00:10:18,360 Speaker 10: can see, Elon's DOGE office doesn't have any real power. 181 00:10:19,120 --> 00:10:21,839 Speaker 3: The thing is, and maybe it's because I've spent nearly 182 00:10:21,880 --> 00:10:25,200 Speaker 3: two decades watching Elon star grow. Part of me thinks 183 00:10:25,240 --> 00:10:28,080 Speaker 3: that Josh could be wrong, that Doge could have power. 184 00:10:29,320 --> 00:10:33,080 Speaker 3: Either way, Elon's already won. In the days following the election, 185 00:10:33,440 --> 00:10:35,640 Speaker 3: He's gotten richer, a lot richer. 186 00:10:36,480 --> 00:10:37,880 Speaker 5: By Friday of that week, his. 187 00:10:37,880 --> 00:10:41,120 Speaker 3: Net worth had gone up by fifty billion dollars. And 188 00:10:41,120 --> 00:10:43,480 Speaker 3: that doesn't even account for money that could be coming 189 00:10:43,520 --> 00:10:47,160 Speaker 3: in in the form of defense contracts or killed investigations 190 00:10:47,200 --> 00:10:51,360 Speaker 3: into his business dealings, or new subsidies or regulations that 191 00:10:51,360 --> 00:10:56,200 Speaker 3: could be tweaked to turn his money into more money. Already, 192 00:10:56,440 --> 00:10:59,400 Speaker 3: Trump's picked Brendan Carr, a massive fan of Elon's, to 193 00:10:59,440 --> 00:11:04,199 Speaker 3: run the fc SEE, which means Elon's satellite internet company, Starlink, 194 00:11:04,600 --> 00:11:06,640 Speaker 3: is much more likely to get money from the government. 195 00:11:07,240 --> 00:11:11,880 Speaker 3: And that's just one example. Normally this is where accountability 196 00:11:11,920 --> 00:11:16,360 Speaker 3: measures come in. But who or what could hold somebody 197 00:11:16,400 --> 00:11:20,360 Speaker 3: like Elon Musk to account. He's got a major media platform, 198 00:11:20,880 --> 00:11:23,719 Speaker 3: he's richer than anyone in all of history, and he's 199 00:11:23,720 --> 00:11:24,840 Speaker 3: got Trump in his pocket. 200 00:11:25,520 --> 00:11:26,760 Speaker 5: I asked Josh about this. 201 00:11:27,440 --> 00:11:30,680 Speaker 10: I don't know what the bright line is between just 202 00:11:30,760 --> 00:11:34,120 Speaker 10: being like a kind of a human hurricane in Washington 203 00:11:34,160 --> 00:11:37,400 Speaker 10: and like destroying these ethical and political norms and being 204 00:11:37,440 --> 00:11:40,680 Speaker 10: an out and out authoritarian. But but it looks, you know, 205 00:11:40,720 --> 00:11:42,400 Speaker 10: it looks more and more like we're gonna we're gonna 206 00:11:42,400 --> 00:11:43,600 Speaker 10: test those bounds every day. 207 00:11:44,480 --> 00:11:46,760 Speaker 3: I don't know where we go from here. There's a 208 00:11:46,800 --> 00:11:49,280 Speaker 3: case to be made that right now, Elon is the 209 00:11:49,320 --> 00:11:53,400 Speaker 3: most powerful person on this planet, maybe in history too. 210 00:11:54,360 --> 00:11:58,080 Speaker 9: Elon Musk, he's a unicorn. He's suey generous. 211 00:11:58,600 --> 00:12:02,480 Speaker 3: David NASA professor meritith of history at CuNi and biographer, 212 00:12:03,000 --> 00:12:03,559 Speaker 3: and I've. 213 00:12:03,360 --> 00:12:07,719 Speaker 9: Written a bunch of books, including biographies of Andrew Carnegy, 214 00:12:08,280 --> 00:12:10,600 Speaker 9: William Randolph Hurst, Joseph Kennedy. 215 00:12:11,559 --> 00:12:15,280 Speaker 3: David's beat is really powerful men, and here he sees 216 00:12:15,320 --> 00:12:16,480 Speaker 3: a lot of parallels with Elon. 217 00:12:16,960 --> 00:12:20,560 Speaker 9: Let me take but one example. He is not the 218 00:12:20,600 --> 00:12:26,480 Speaker 9: first rich man to fund a candidate in the hopes 219 00:12:26,520 --> 00:12:30,599 Speaker 9: of getting a quid or a quo for his quids, 220 00:12:31,120 --> 00:12:35,000 Speaker 9: or however you say it, getting some sort of payback. 221 00:12:37,600 --> 00:12:42,440 Speaker 9: What's different is that this is not dark money. His 222 00:12:42,640 --> 00:12:48,520 Speaker 9: is anything but dark. I mean, it glows, it sparkles. 223 00:12:49,400 --> 00:12:53,160 Speaker 9: He is out front saying this is what I'm doing, 224 00:12:54,280 --> 00:12:56,560 Speaker 9: you know, and this is why I'm doing it, and 225 00:12:56,720 --> 00:13:05,400 Speaker 9: that is unprecedented. In the past, huge donors to campaigns 226 00:13:06,559 --> 00:13:11,040 Speaker 9: who saw it influenced thereafter kept it quiet. 227 00:13:11,360 --> 00:13:14,760 Speaker 3: Like Carnegie, the guy who built America steel industry. He 228 00:13:14,840 --> 00:13:18,959 Speaker 3: was rich, like Elon or Hurst, who the movie Citizen 229 00:13:19,000 --> 00:13:22,840 Speaker 3: Kane is literally based on, had mega cultural influence like 230 00:13:22,880 --> 00:13:28,080 Speaker 3: Elon or Kennedy the original Kennedy had immense political influence 231 00:13:28,559 --> 00:13:33,400 Speaker 3: like Elon, But David says those guys were mostly behind 232 00:13:33,440 --> 00:13:36,360 Speaker 3: the scenes. They didn't act the way that Elon does. 233 00:13:37,120 --> 00:13:41,000 Speaker 9: The other thing that's new is that this guy has 234 00:13:41,360 --> 00:13:48,360 Speaker 9: more He's more presumptuous than any business leader I've seen. 235 00:13:48,960 --> 00:13:53,040 Speaker 3: For instance, Elon's live Twitter interview with Trump back in August, 236 00:13:53,480 --> 00:13:56,600 Speaker 3: when the idea of a government efficiency commission was first floated. 237 00:13:57,440 --> 00:13:59,960 Speaker 3: David points out that was Elon's idea. 238 00:14:00,679 --> 00:14:05,079 Speaker 9: Nobody talked about him entering the government until he did. 239 00:14:05,480 --> 00:14:09,200 Speaker 9: You know, if you look at if you listen to 240 00:14:09,240 --> 00:14:15,120 Speaker 9: that interview, about fifty minutes in, Trump mentioned something about inflation, 241 00:14:16,200 --> 00:14:21,560 Speaker 9: and Musk says, yeah, you're right, and I think we 242 00:14:21,600 --> 00:14:23,760 Speaker 9: need a Department of government efficiency. 243 00:14:23,880 --> 00:14:27,480 Speaker 7: I think we need like a government efficiency commission to say, like, hey, 244 00:14:27,600 --> 00:14:29,120 Speaker 7: where are we spending money that's sensible? 245 00:14:29,160 --> 00:14:30,400 Speaker 9: Where is it not sensible? 246 00:14:31,040 --> 00:14:34,400 Speaker 7: And would you agree that we need to take a 247 00:14:34,400 --> 00:14:39,440 Speaker 7: look at governspending and have perhaps a government efficiency commission 248 00:14:40,160 --> 00:14:43,120 Speaker 7: that just I mean, I think it'd be great to 249 00:14:43,120 --> 00:14:45,440 Speaker 7: just have a government efficiency commission that takes a look 250 00:14:46,080 --> 00:14:48,960 Speaker 7: at these things. And I'd be happy to help out 251 00:14:48,960 --> 00:14:49,800 Speaker 7: on such a commission. 252 00:14:50,200 --> 00:14:52,160 Speaker 9: And Trump doesn't know what to do about it, and 253 00:14:52,200 --> 00:14:52,560 Speaker 9: then he. 254 00:14:52,520 --> 00:14:54,880 Speaker 5: Says, yeah, you know, it's funny. 255 00:14:55,040 --> 00:14:57,120 Speaker 3: The thing that was surprising to me in that interview 256 00:14:57,840 --> 00:15:01,560 Speaker 3: was how subservient he allowed himself to beat a Trump. 257 00:15:02,360 --> 00:15:07,240 Speaker 9: He was subservient, He rolled over on any number of questions. 258 00:15:07,640 --> 00:15:13,320 Speaker 9: But then he saw his opportunity when inflation was mentioned, 259 00:15:14,000 --> 00:15:15,960 Speaker 9: and he must have known this was what he was 260 00:15:16,000 --> 00:15:21,840 Speaker 9: going to do, but he waited almost an hour to 261 00:15:21,960 --> 00:15:23,480 Speaker 9: put in in his plug. 262 00:15:24,440 --> 00:15:27,480 Speaker 3: David says he wants not the first guy to try 263 00:15:27,520 --> 00:15:31,240 Speaker 3: buying himself political influence. All three of his moguls, he 264 00:15:31,320 --> 00:15:33,840 Speaker 3: calls it my moguls. By the way, that's what they 265 00:15:33,880 --> 00:15:37,000 Speaker 3: tried to do too. But the presidents they helped put 266 00:15:37,000 --> 00:15:41,040 Speaker 3: in office mostly ignored them focused on making their voters happy, 267 00:15:41,960 --> 00:15:47,800 Speaker 3: which you know, that's democracy working this time. We don't 268 00:15:47,840 --> 00:15:51,600 Speaker 3: know those moguls of the past. They didn't have Elon 269 00:15:51,760 --> 00:15:56,280 Speaker 3: social media, following a newspaper, even a chain of newspapers. 270 00:15:56,760 --> 00:15:58,720 Speaker 3: It's not the same as owning a social network. 271 00:15:59,400 --> 00:16:02,240 Speaker 1: I just see a lot of triumphalism. 272 00:16:02,600 --> 00:16:05,880 Speaker 3: Ellie Reeve again an expert on right wing extremism. We 273 00:16:05,960 --> 00:16:09,120 Speaker 3: spoke with her in episode one. She says that Twitter 274 00:16:09,200 --> 00:16:12,240 Speaker 3: has been different since Elon bought it, and especially since 275 00:16:12,240 --> 00:16:14,920 Speaker 3: he came out in favor of Trump. It's not just 276 00:16:14,960 --> 00:16:17,520 Speaker 3: that there's a lot of hate, it's that the people 277 00:16:17,560 --> 00:16:19,800 Speaker 3: promoting hate have gotten less restrained. 278 00:16:20,400 --> 00:16:24,080 Speaker 1: Like I was just watching this video hosted by Benny Johnson, 279 00:16:24,400 --> 00:16:27,680 Speaker 1: who used to work for BuzzFeed in other places, talking 280 00:16:27,720 --> 00:16:32,160 Speaker 1: to him Trump official, who was saying joking but not joking, 281 00:16:32,160 --> 00:16:35,120 Speaker 1: We're going to rain down hell fire when we take office. 282 00:16:35,280 --> 00:16:37,880 Speaker 1: We're going to deport all these people and their kids 283 00:16:37,920 --> 00:16:40,000 Speaker 1: and their grandparents, and it's going to be awesome. 284 00:16:40,160 --> 00:16:44,480 Speaker 11: Ten million people in growing anchor babies, their parents, their grandparents. 285 00:16:44,760 --> 00:16:47,359 Speaker 11: We're gonna put kids in cages. It's gonna be glorious. 286 00:16:47,720 --> 00:16:51,000 Speaker 11: We're gonna deport a lot of people. I will reign 287 00:16:51,120 --> 00:16:54,240 Speaker 11: hell on Washington, DC. We've talked about this. 288 00:16:54,280 --> 00:16:55,200 Speaker 5: Like that's the kind of stuff. 289 00:16:55,200 --> 00:16:58,440 Speaker 1: I see real names, real faces saying the stuff you 290 00:16:58,440 --> 00:17:00,640 Speaker 1: could only say anonymously ten years ago. 291 00:17:01,680 --> 00:17:04,639 Speaker 3: Elon says he bought Twitter to save free speech, to 292 00:17:04,680 --> 00:17:08,960 Speaker 3: bring back the town Square. But I don't know. I'm 293 00:17:09,000 --> 00:17:12,639 Speaker 3: not convinced what he's built. It feels less like a 294 00:17:12,640 --> 00:17:16,159 Speaker 3: public forum and more like a soapbox for him and 295 00:17:16,200 --> 00:17:17,080 Speaker 3: his side to stand on. 296 00:17:18,960 --> 00:17:20,080 Speaker 5: I have affection for my. 297 00:17:20,200 --> 00:17:26,680 Speaker 9: Three guys, my three moguls, Carnegie, Hurst and Joe Kennedy. 298 00:17:27,560 --> 00:17:32,159 Speaker 9: I don't have the same affection for Elon Musk. I 299 00:17:32,200 --> 00:17:37,760 Speaker 9: think in the long term, Elon Musk is more dangerous, 300 00:17:39,000 --> 00:17:47,800 Speaker 9: is smarter, and has amassed a kind of political and 301 00:17:47,840 --> 00:17:51,840 Speaker 9: cultural power that no one should have that kind of power. 302 00:17:52,640 --> 00:17:55,080 Speaker 3: Maybe it's that you have been able to figure out, 303 00:17:56,640 --> 00:17:58,480 Speaker 3: like what matters to him beyond himself. 304 00:17:58,840 --> 00:17:59,760 Speaker 5: That's absolutely right. 305 00:18:00,640 --> 00:18:04,800 Speaker 9: What I can't figure out about Musk is what drives him. 306 00:18:05,560 --> 00:18:07,359 Speaker 9: He says what drives him is he wants to go 307 00:18:07,400 --> 00:18:10,440 Speaker 9: to Mars. At various times, he says what drives him 308 00:18:10,480 --> 00:18:14,359 Speaker 9: is that he wants more smart children to be born. 309 00:18:14,880 --> 00:18:17,520 Speaker 9: You know where the country is going to fall apart. 310 00:18:19,280 --> 00:18:24,280 Speaker 9: At various times he wants to save the planet, and 311 00:18:24,320 --> 00:18:27,800 Speaker 9: I don't know what's most important in the end. Somehow 312 00:18:27,880 --> 00:18:34,960 Speaker 9: I think that he he has succeeded in so many 313 00:18:35,080 --> 00:18:39,639 Speaker 9: different areas that he thinks he's godlike. 314 00:18:41,080 --> 00:18:44,680 Speaker 3: Something occurred to me Musk's favorite saying, the voice of 315 00:18:44,720 --> 00:18:47,800 Speaker 3: the people is the voice of the gods. Maybe what 316 00:18:47,880 --> 00:18:50,720 Speaker 3: he actually means is the voice of the people is 317 00:18:50,720 --> 00:18:51,679 Speaker 3: whatever I say it is. 318 00:18:52,560 --> 00:18:57,040 Speaker 9: He can't be president, he can't be king, but he 319 00:18:57,040 --> 00:19:02,040 Speaker 9: can be God. And I think the more he achieves, 320 00:19:03,640 --> 00:19:08,359 Speaker 9: the more power he amasses, the more he thinks he 321 00:19:08,520 --> 00:19:12,840 Speaker 9: is Zeus, you know, And it's you know, it's up 322 00:19:12,840 --> 00:19:15,639 Speaker 9: to us to say, no, we don't want a Zeus. 323 00:19:16,280 --> 00:19:20,320 Speaker 9: We want to live in a democracy. 324 00:19:21,000 --> 00:19:23,720 Speaker 5: What David's saying, I've been thinking about it. 325 00:19:24,520 --> 00:19:28,560 Speaker 3: Of course, it's dramatic, but it also captures the dramatic 326 00:19:28,640 --> 00:19:32,879 Speaker 3: scale of Elon's ambitions and what we've made of them 327 00:19:32,920 --> 00:19:36,400 Speaker 3: looking back. Something I got wrong about Elon from the start, 328 00:19:37,080 --> 00:19:39,200 Speaker 3: when his whole thing was just rockets. 329 00:19:38,800 --> 00:19:41,120 Speaker 5: And climate change. He seemed like some. 330 00:19:41,040 --> 00:19:44,440 Speaker 3: Sort of superhero, like larger than life, more than just 331 00:19:44,520 --> 00:19:47,120 Speaker 3: some guy Elon. 332 00:19:46,920 --> 00:19:48,040 Speaker 5: Musk is not zeus. 333 00:19:49,080 --> 00:19:52,280 Speaker 3: What he is, though, is a celebrity, and we've got 334 00:19:52,320 --> 00:19:56,000 Speaker 3: a lot of say in that. After all, Fox popular 335 00:19:56,840 --> 00:19:59,920 Speaker 3: the people we do make up hathy EQ. 336 00:20:10,400 --> 00:20:10,800 Speaker 5: Citizen. 337 00:20:10,880 --> 00:20:14,520 Speaker 3: Elon is produced by Lena Mesitzis, Rayon Harmonci is our 338 00:20:14,560 --> 00:20:18,280 Speaker 3: senior editor, Blake Maples handles engineering and Emma. 339 00:20:18,040 --> 00:20:19,200 Speaker 5: Sanchez fact checking. 340 00:20:19,600 --> 00:20:22,800 Speaker 3: Brendan Francis Newham is our executive producer, and Sage Bauman 341 00:20:22,880 --> 00:20:25,800 Speaker 3: is the head of Bloomberg Podcasts. Big thanks to the 342 00:20:25,800 --> 00:20:30,600 Speaker 3: Elon Ink crew, David Popadopoulos, Naomi Shaven, Magnus Hendrickson, Stacy 343 00:20:30,640 --> 00:20:34,639 Speaker 3: Wong listen every Tuesday for breaking Elon news. Thanks as 344 00:20:34,640 --> 00:20:38,560 Speaker 3: well to our Bloomberg colleagues David Fox, Julia Press, Dana Hall, 345 00:20:38,920 --> 00:20:43,960 Speaker 3: Sarah Fryar, Kurt Wagner, Josh Green, Mark Million, Margaret Sutherland, 346 00:20:44,240 --> 00:20:49,520 Speaker 3: Alison Mobley, Jackie Kessler, Ariel Brown, Chris Nocenzo, and Albert Hicks. 347 00:20:50,720 --> 00:20:53,480 Speaker 3: An extra big thanks to Brad Stone, editor of BusinessWeek, 348 00:20:53,640 --> 00:20:56,720 Speaker 3: and Katie Boyce, executive editor of Bloomberg Digital, for their 349 00:20:56,800 --> 00:20:57,760 Speaker 3: unflagging support. 350 00:20:59,240 --> 00:21:00,000 Speaker 5: I'm Max Schaft. 351 00:21:00,400 --> 00:21:02,200 Speaker 3: If you have a minute, rate and review our show, 352 00:21:02,280 --> 00:21:03,880 Speaker 3: it'll help other listeners find us