Part 4/5:
Pompano also discussed the impact of Elon Musk, who spent at least $130 million to help get Trump elected. This investment has paid off handsomely, with Musk's net worth increasing by $70 billion since Trump's election due to the surge in Tesla's stock price.
Pompano argues that Musk's involvement in the political process was driven by an existential threat he perceived to the country from the "woke agenda" and lack of free speech. Musk's willingness to participate in politics has inspired many young people who see him as a role model.
Pompano believes Musk may actually be underpaid given the immense value he has created, and that his $70 billion increase in net worth is not enough. He suggests Musk could be worth $500 billion if properly compensated.
The Future of Government and Regulation
[...]