Bloomberg reports that Elon Musk may be advising Donald Trump on cryptocurrency strategy for the upcoming election. This move aims to attract a wider voter demographic by focusing on Bitcoin and other digital currencies. Musk's tech expertise may influence the campaign's trajectory as a result of the collaboration.
Musk is rumored to speak at the Republican National Convention, but this has yet to be confirmed. This collaboration demonstrates Musk's tremendous political and regulatory impact, particularly given his companies' federal contacts.
The discussions suggest Musk might play an advisory role in Trump's potential second term, while specifics are unknown. Despite attending a Trump fundraiser, Musk has maintained his neutrality, claiming that he will donate to neither campaign.