Friday, November 8, 2024

Donald Trump Doesn’t Want X—however Elon Musk Desperately Wants Him Again

Within the hours main as much as the dialog on X Areas, this gave the impression to be the case: Trump posted 10 instances on X, his first posts on the platform since August 2023 and his first sustained interval of exercise since he was notoriously banned from the platform for his half in spreading election conspiracies forward of the assault on the Capitol on January 6, 2021.

However Trump, who additionally stayed on-line for hours after the occasion, as a substitute returned to Fact Social, the platform he constructed after being kicked off of X. He shared greater than a dozen updates—or “truths”—encouraging followers to exit and vote in primaries in Minnesota and Wisconsin for candidates he was endorsing.

At round 1:20 am on Tuesday morning, hours after the occasion had wrapped, Trump lastly posted a hyperlink on Fact Social to a recording of the dialog with Musk. However reasonably than a hyperlink on to the recording on X, Trump posted a hyperlink to a recording of the occasion from his personal YouTube channel. Later, Trump posted one other hyperlink to the dialog, this time to a recording on video sharing web site Rumble.

Whereas Trump has a a lot bigger following on X than Fact Social—90 million versus 7.5 million—there are different concerns to consider.

Trump owns a 60 % stake in Trump Media & Know-how Group, which owns Fact Social. As a part of his cope with the corporate, he’s obligated to submit on Fact Social earlier than posting on another platform, with exceptions for marketing campaign and political content material.

The worth of TMTG shares additionally fell on Monday after Trump started posting on X, which may be a consideration for Trump, provided that he has to attend till September 19, when a six-month lockout interval expires, earlier than he can promote any of the shares he holds within the firm.

Musk is aware of that maintaining Trump pleased and on his platform is probably key to reinvigorating X. However on the finish of the day, Musk continues to be searching for himself: Throughout the dialog on Monday, proper after agreeing with Trump’s takes on electrical autos and US oil drilling that would seem to immediately contradict Musk’s personal enterprise pursuits, Musk proposed that he would take a task in a possible second Trump administration on a “authorities effectivity physique.”

“I’d adore it,” Trump mentioned in response.

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