Where will the Musk toast fall? It’s a fascinating moment in American economic and political history: how will the crazy legend of the world’s richest man end? Just two weeks ago, the media rushed to the monster, attracted by the smell of blood: Elon Musk was on the brink of explosion, his fickle billionaire antics would end in a joy. Tesla engages in free fall, taking on Twitter that looks like a shipwreck, disgruntled shareholders, lawsuits, allegations of sexual harassment … The king is naked.
Or not. Within days, Tesla stock rallied 19% from its low on May 24. Twitter’s acquisition is regaining credibility, after Musk indicated that he no longer plans to use Tesla stock-backed margin loan to fund the deal. And Musk, who is more fancy than ever, continues to mock everyone, starting with Joe Biden. As a person on earth, we see better!
What happened? And more importantly, what will happen? Impossible to say, so the man is unpredictable. And how cold to analyze the works of a man elevated to the rank of myth? Elon Musk is not just a CEO, he is a magnet, a living god for millions of fans, a serial tweeter whose most worldwide message (“Politics is a generator of grief”) attracts 531,400 “likes”, 63,500 retweets and 26,300 replies. However, we must ask ourselves: Elon Musk is not just a unique, extraordinary CEO, he is a Rorschach test of America today.