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Kara Swisher and Scott Galloway mentioned Donald Trump’s resounding victory over Kamala Harris late ultimate week and each apologized to their Pivot podcast target market for predicting the unsuitable consequence.
The well-liked hosts additionally offered their takes Friday on what went fallacious for Harris, with Galloway blasting President Joe Biden as a “fucking narcissist” who ruined his legacy in the same means that the late Sen. Dianne Feinstein (D-CA) and Supreme Court docket Justice Ruth Bader Ginsberg did theirs by using not figuring out when to name it quits. Each Swisher and Galloway agreed that had Biden now not sought reelection, a Democratic Birthday Celebration main can have helped the birthday celebration’s candidate defeat Trump, even though Harris in a roundabout way used to be still the candidate.
The conversation sooner or later grew to become to Elon Musk, who Swisher has long lined all the way through her occupation masking tech. Swisher estimated that Musk would merge X, previously Twitter, with Trump’s Actuality Social.
Galloway, an entrepreneur and advertising and marketing professor, argued that the prediction had merit and cited:
You’re pronouncing a reverse merger. You’ve gotten a public vehicle with Fact Social. Yeah. Yeah. That might be an important dilution for Twitter shareholders who would mainly be getting 3 million income and have to give up a third or half of the corporate. So however it could be a way to your point of funneling billions of greenbacks from Musk to Donald Trump, legally, as far as I will tell.
Later within the podcast, Swisher expected that Musk and Trump would sooner or later have a falling out. “Elon, as overall, the circus clown likes to take all of the attention. As Bloomberg put it, Elon is about to search out out what $130 million for Trump will get him. We mentioned the Tesla inventory surge. That’s introduced $26 billion to his web worth, but Elon stands to benefit in numerous other ways, including govt efficiency commission position, and independent riding insurance policies that benefit Tesla and more govt contracts for SpaceX,” Swisher started out, adding:
Trump has up to now pledged his toughen for Elon’s intention of sending a rocket to Mars. That one I don’t thoughts a lot. I truthfully don’t. And as I discussed, I think Elon merges X with Fact Social. So I additionally think they’re going to have a falling out.
“I really feel like this is coming. If I needed to make any one prediction, that’s what I feel like. Peter could be very quiet within the history and will get precisely what he needs,” Swisher brought, regarding billionaire Peter Thiel who has bankrolled JD Vance’s political career.
“Elon can’t help himself and neither can Trump and Trump’s the president. So ideas?” she pressed Galloway.
“Seem arguably, you’ll want to say that Musk’s $119 million in donations to Trump were among the absolute best investments that’s ever been made. He made it over roughly three or 6 months, and in exchange, his web value has long past up $15 billion just from his Tesla shares, which he skyrocketed on news that Trump was retaking the White Home,” Galloway replied, including:
So if anyone stated to any billionaire or any institution or any hedge fund, right here’s $119 million, if you happen to provide us $119 million, we predict if the markets are proper, there’s a two thirds likelihood you’re going to get 15 billion again. Yep. So you got to give it to the guy. The best, absolute best funding of the year used to be Musk– His $119 million funding within the Trump marketing campaign.
“Yeah, as a result of it was once if she had won, he used to be never going to get that dinged for it also,” Swisher agreed.
“That’s precisely proper. 15 billion on 119 million. That’s the most effective exchange of 2024,” Galloway concluded.
Take heed to the entire podcast here.
The submit Scott Galloway Calls Musk Bankrolling Trump One in all The ‘Best Investments That’s Ever Been Made’ first seemed on Mediaite.
