Musk and Trump Discuss Key Issues but Skip Crypto
13.08.2024 14:30 1 min. read Alexander Stefanov
On Monday, Elon Musk and former President Donald Trump held a highly anticipated interview, tackling various subjects including inflation, trade, and nuclear energy.
However, they notably avoided discussing cryptocurrencies, disappointing the crypto community, which had hoped for insights from the two figures closely associated with the industry.
Just before the interview aired, Musk’s social media platform, X, experienced a significant DDoS attack despite having conducted thorough stress tests the day prior. The platform was inundated with traffic, with around 8 million users simultaneously tuning in to watch the interview.
During their discussion, Musk proposed the creation of a “government efficiency commission” and expressed his willingness to join it if Trump were to form one. Trump appeared receptive to this idea.
Additionally, the conversation touched on critical issues like inflation, with Trump criticizing the Biden administration for its handling of economic challenges, and Musk highlighting delays in the FDA’s drug approval processes. Musk also reiterated his concerns about attempts to enforce censorship globally.
This interview marked a new chapter in Musk’s relationship with Trump, who had previously advised him on electric vehicles and crypto policies. Musk’s interactions with the Biden administration have been strained, particularly over regulatory disputes involving the SEC and the crypto industry.
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