In the 2020 Democratic presidential primaries, Musk endorsed candidate Andrew Yang and expressed assist for his proposed universal fundamental earnings. He additionally endorsed Kanye West’s unbiased marketing campaign within the 2020 basic election, however ultimately voted for Joe Biden in 2020. In 2022, Musk stated that he may “no longer support” the Democrats as a result of they are the “party of division & hate”, and leaned in course of supporting Republican Ron DeSantis within the 2024 U.S. presidential election if DeSantis had been a candidate. Musk opposes a “billionaire’s tax”, and has argued with more left-leaning Democratic politicians such as Bernie Sanders, Alexandria Ocasio-Cortez, and Elizabeth Warren.
Mr. Musk at a post-launch news conference to discuss the SpaceX Crew Dragon astronaut capsule in-flight abort take a look at at the Kennedy Space Center in Cape Canaveral, Florida, final 12 months. There are many different sorts of givers, like Mr. Bezos’ ex-wife, MacKenzie Scott, who has focused her billions on range and equity. There are the self-declared “effective altruists,” just like the Facebook co-founder Dustin Moskovitz and his spouse, Cari Tuna, a half of a movement trying to find evidence-based approaches to search out causes where their cash does the most cost poor software u.s. good. And there are the traditionalists, like Bill Gates and Michael Bloomberg, who have constructed establishments to handle their funding. “He doesn’t appear to care much about using his philanthropy to curry public favor,” Mr. Soskis stated. “In reality, he appears to enjoy utilizing his id as a philanthropist partially to antagonize the general public.” Before this 12 months, one estimate put his giving at $100 million, so much by virtually any normal, aside from multibillionaires like Mr. Musk.
By this time, nonetheless, eight of the 12 youngsters, had already been rescued, the rescuers using full face masks, oxygen, and anesthesia; consequently, Thai authorities declined to make use of the submarine. In March 2019, Musk was later one of the 187 individuals who acquired numerous honors conferred by the King of Thailand for involvement in the rescue effort. Tesla acquired SolarCity for over $2 billion in 2016 and merged it with its battery unit to create Tesla Energy. The deal’s announcement resulted in a greater than 10% drop in Tesla’s inventory value. Multiple shareholder groups filed a lawsuit in opposition to Musk and Tesla’s directors, claiming that the acquisition of SolarCity was accomplished solely to profit Musk and got here at the expense of Tesla and its shareholders. Tesla administrators settled the lawsuit in January 2020, leaving Musk the solely real remaining defendant.
Puerto Rico’s Governor, Ricardo Rossello, spoke to Elon Musk through Twitter social media in late 2017 about the potential for Tesla’s intervention to restore energy to the island after devastating Hurricane Maria. Foundations, buyers, charities, and some public bodies around the globe have increasingly financed and supported revolutionary types of business tackling clear societal or environmental missions. It seems that Musk is one such person and favors efforts that tackle social justice and equity within ecological contexts. Successfully addressing such challenges can have a optimistic influence on other challenges, creating the proverbial domino impact. An example is drawing upon technological advances to provide higher training for impoverished youngsters. The generous gifts from Elon parents John and Kristin Replogle P’18 and Wolfspeed, Inc., to the Innovation Quad will help provide premier amenities for physics, engineering and other STEM fields at Elon.
In October 2022, Musk posted a Twitter poll and “peace plan” to resolve the Russian invasion of Ukraine, which was criticized by Ukrainian officers. Shortly thereafter, Musk introduced that SpaceX could no longer supply Ukraine with Starlink satellite tv for pc units at its own expense, however he reversed his stance a day later. Musk provided the preliminary concept and financial capital for SolarCity, which his cousins Lyndon and Peter Rive based in 2006. By 2013, SolarCity was the second largest provider of solar energy techniques within the United States.