Looking at the weekend BTC trend, I think many crypto friends have already guessed the answer. Many media outlets are spreading that they are teaming up to cut the leeks. Of course, I don't have the data to determine whether the leeks have been cut, but I can conclude that these two definitely haven't fallen out, and they are still very close comrades!
The live stream was too late last night, and when I woke up today, it was already evening. I tidied up my thoughts to prepare for a good discussion about their actions. People know the things on X, so I won't elaborate too much; let's dig deeper into the underlying issues. We must first understand that the President of the United States and the world's richest man are not ordinary people; the surface is just for you to see, while interests are at play behind the scenes!
The fuse was the Big Beautiful Bill. After taking a closer look at this bill, it simply gives benefits to the traditional manufacturing industry while disadvantaging Musk's Tesla. Musk feels that he increased your revenue by 150 billion, yet you handed it over to others without me getting any benefit. Trump, you are so despicable; I haven't even read the bill. Then Trump expressed disappointment in Musk, and they started to clash. They were clashing on X, mentioning the Epstein list, implying that Trump also went to Lolita Island, and threatening to stop SpaceX. Trump cut everything beneficial to Tesla, that's basically it.
Musk got angry and said he wanted to start his own party, the American Party! That's basically it. Fellow crypto friends, you are better at gossiping than I am, and the details were also discussed in the live stream. Next, let's see what interests are driving the internal situation.
Trump is backed by traditional energy capital, while Musk represents the new energy faction. They are inherently oppositional, so the conflict of interest begins with insults. Musk has Tesla, but he has many companies; is Tesla his most profitable company? In fact, no. The most growth potential lies with SpaceX, the project that sends people into space. This project possesses multiple advanced technologies, including rocket launch technology, Starlink satellites, internet services, etc. With the expansion of business, SpaceX is Musk's most profitable project. It's worth more than Tesla; cars and aerospace are completely different levels of existence. Can a trip to space be on the same level as buying a car? Although Tesla is valuable when listed, SpaceX, which is not yet listed, should be worth more than Tesla, along with Musk's brain-computer interface! The Big Beautiful Bill only targets Tesla and does not target Musk as a person; it only targets Tesla!
Speaking hypothetically, I have a very good relationship with someone, as everyone knows. We enter the market together to discuss things, have meals, sing karaoke, and communicate through phone calls and messages. There are certainly things we both know about that we share, and one day, we fall out, and we directly clash on X or the other side of the square. Is this realistic? When encountering problems, shouldn't we first have a phone conversation, sit down for a meal, drink, and sing together? As long as it's not something that would ruin our reputation, there's no need for public insults. Moreover, this involves the world's richest man and the President of the United States! Let the whole world watch. They have been together for 11 months, and there haven't been any money-making transactions; if they were extremely clean and honest, would that be believable? Then it would indicate that the 'big smart' person has a bright future.
To get back to the point, Musk is such a clever person. If they publicly clash, not to mention them, we can all think that both Tesla and Trump's stocks would drop. If they didn't drop this much, any normal person would think about whether to communicate over the phone or have a meal together, as hundreds of billions are not something to joke about. Knowing it will drop, did they prepare in advance to cut the leeks? If that's the case, then this analysis is very logical. If it collapses, we all make money together!
As mentioned before, the capital that supports Musk and Trump is oppositional. Musk replied to JD Vance on Twitter, what does this signify? He pinned a tweet stating he wants to establish a new party. Over 5 million people voted, with 80% support. Another bill passed, and he still needs to pin a tweet about forming a new party! After Trump failed to compete with Biden, he shouted about establishing his own party. Musk is also doing the same; it seems somewhat interesting. In fact, for the Big Beautiful Bill to pass, Trump needed to give an account to the traditional capital behind him. The more opposition there is, the harder it is to pass, which instead highlights Trump's efforts. Look, Musk's Tesla has dropped this much; even if the backing capital knows they are just acting, they still can't do anything. What do you want me to do next? I can't do it anymore. Trump wants to take money without doing anything. If you keep pushing, Musk might go to the Democratic Party or form a new party, then support JD Vance (which is highly likely). Musk has 220 million followers on Twitter, and in 3.5 years, I will step down; Musk is still young, and he wields significant influence in new media. If the person he supports comes to power, the Republican Party will be in trouble, and you will too; you will be finished! Don't push Musk to the Democratic Party to establish a new party; it is not good for us Republicans; just calm down! This is the purpose of their conflict, to show the capital behind them! Therefore, Musk's pinned tweet about forming a new party is the genuine objective! These two are basically well-coordinated.
Musk and Trump are colluding behind the scenes with traditional capital!