I don’t know what individual investors will do as it’s hard to pigeonhole, but the ones in Elon Musk’s and Donald Trump’s immediate environment are already benefiting, and there is much reason that this will go on. Musk’s DOGE was not (only) about firing public employees but rather placing the ‘right’ people in positions. In many of the U.S. agencies - such as the Consumer Financial Protection Bureau, the Treasury Department, the Department of Defense - there is now at least one person who has work for or has close ties to Musk, Peter Thiel, Palmer Luckey, and other tech entrepreneurs close to the Trump circles.
Musk spent $290 million for Trump’s presidential campaign, Luckey gave $400,000. Thiel is said to have donated $1.5 million in Trumps 2016 campaign, but also has close ties to the Vice President as Thiel funded JD Vance’s campaign when he ran for governor of Ohio.
You will easily find many sources regarding other tech billionaires.
So it is absolutely possible that a lot of money will go from the U.S. to Europe in the foreseeable future, but Trump’s inner circle benefits most. They don’t appear to have reason to regret anything imho.
I don’t know what individual investors will do as it’s hard to pigeonhole, but the ones in Elon Musk’s and Donald Trump’s immediate environment are already benefiting, and there is much reason that this will go on. Musk’s DOGE was not (only) about firing public employees but rather placing the ‘right’ people in positions. In many of the U.S. agencies - such as the Consumer Financial Protection Bureau, the Treasury Department, the Department of Defense - there is now at least one person who has work for or has close ties to Musk, Peter Thiel, Palmer Luckey, and other tech entrepreneurs close to the Trump circles.
After supporting Donald Trump’s first election campaign, Anduril Technologies founder Palmer Luckey was fired from Facebook. Now Mr. Luckey is back teaming up with Meta to build XR for the American Military. Peter Thiel’s Palantir has signed a $30 million contract with the U.S. Immigration and Customs Enforcement (ICE) to build a new surveillance system called ImmigrationOS. Elon Musk’s SpaceX was awarded a $5.9 billion contract from the U.S. Space Force to launch Pentagon missions.
Musk spent $290 million for Trump’s presidential campaign, Luckey gave $400,000. Thiel is said to have donated $1.5 million in Trumps 2016 campaign, but also has close ties to the Vice President as Thiel funded JD Vance’s campaign when he ran for governor of Ohio.
You will easily find many sources regarding other tech billionaires.
So it is absolutely possible that a lot of money will go from the U.S. to Europe in the foreseeable future, but Trump’s inner circle benefits most. They don’t appear to have reason to regret anything imho.
[Edit typo.]