Which way will Musk’s toast fall? It’s a fascinating moment in American economic and political history: how will the crazy saga of the richest man in the world end? Just two weeks ago, the media attacked the beast, lured by the scent of blood: Elon Musk was on the brink of implosion, his whimsical billion-dollar antics would end in a prank. Tesla stocks in freefall, Twitter take looking like a shipwreck, disgruntled shareholders, lawsuits, sexual harassment allegations… The king was naked.
Or not. Within days, Tesla shares were up 19% from their May 24 low. The Twitter takeover is gaining credibility again after Musk indicated he no longer plans to use a Tesla stock-backed margin loan to fund the deal. And Musk, flashier than ever, continues to tease everyone, starting with Joe Biden. Like a man on the ground, we saw better!
What happened? And above all, what will happen? Impossible to say, so unpredictable is man. And how to coldly analyze the actions of a man elevated to the rank of myth? Elon Musk isn’t just a CEO, he’s a magnet, a living god to millions of fans, a serial tweeter whose most mundane message (“Politics breeds sadness”) attracts 531,400 “likes”, 63,500 retweets and 26,300 replies. . However, we must ask ourselves: Elon Musk is not just a unique and extraordinary CEO, he is a Rorschach test of America today.