Investing Pioneers
SUBSCRIBE NOW
  • Wall Street Word
  • Whale Tracker
  • Stocks
  • Gold
  • Crypto
  • Economy
No Result
View All Result
  • Wall Street Word
  • Whale Tracker
  • Stocks
  • Gold
  • Crypto
  • Economy
No Result
View All Result
Investing Pioneers
No Result
View All Result

GOP Discord: Musk’s Stand as a Market Indicator

in Wall Street Word
0
0
SHARES
58
VIEWS
Share on FacebookShare on Twitter

In the midst of the ongoing infighting within the Republican Party’s MAGA base, tech mogul Elon Musk has called for the expulsion of “contemptible fools” from the party.

What Happened: Elon Musk and Vivek Ramaswamy, named by President-elect Donald Trump as co-leaders of the newly created Department of Government Efficiency (DOGE), have found themselves at odds with the GOP’s hard right and MAGA base. The disagreement stems from their support of H-1B visas, which are used to bring high-skilled migrant workers to the U.S.

Ramaswamy previously stirred up controversy by stating that the U.S. needs to import high-skilled workers, a standpoint that was met with backlash from several MAGA influencers.

Musk responded to the criticism on X, saying, “Yes. And those contemptible fools must be removed from the Republican Party, root and stem.”

Also Read: EXCLUSIVE: Eric Trump Calls Elon Musk ‘Albert Einstein Of Our Time,’ Says Tesla CEO Will Help Build ‘A Stronger America’

Yes.

And those contemptible fools must be removed from the Republican Party, root and stem.

— Elon Musk (@elonmusk) December 27, 2024

Responding to Musk’s post, Gab CEO Andrew Torba said that Musk is declaring war on them.

He’s declaring war on us btw. Should go over well for him as it has for everyone else who has tried. pic.twitter.com/zGnFIDyFRT

— Andrew Torba (@BasedTorba) December 27, 2024

The infighting within the MAGA base has reportedly escalated into a virtual right-wing civil war over issues such as race, class, and immigration. Musk’s position has increasingly put him at odds with Trump’s base, with figures like Steve Bannon and Laura Loomer expressing their disapproval, as reported by Axios.

The report also suggests that this divide may force Trump to choose sides between his original white, working-class supporters and the techno-libertarian billionaires like Musk who are central to his new administration.

Why It Matters: The ongoing infighting within the MAGA base and the Republican Party at large could have significant implications for the future of the party and its political strategies.

The schism between the traditional white, working-class supporters and the techno-libertarian billionaires like Musk could force a reevaluation of the party’s stance on key issues such as immigration and labor.

This could, in turn, influence the party’s appeal to different voter demographics and its prospects in future elections.

Read Next

Here’s How Trump’s Policies Might Shape The Market’s Future

This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Previous Post

Boeing Faces Talent Drain Amid Space Industry Boom

Next Post

Tech Titans Warm Up To Donald Trump, Who Says ‘Everybody Wants To Be My Friend,’ Claims Bill Gates Asked To Come To Mar-a-Lago

Next Post

Tech Titans Warm Up To Donald Trump, Who Says 'Everybody Wants To Be My Friend,' Claims Bill Gates Asked To Come To Mar-a-Lago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Bitcoin’s Market Dominance Offers New Investor Insights

May 16, 2025

Nvidia’s New Strategy: Balancing AI Ambitions Globally

May 16, 2025

Beauty Bet: Burry’s Bold Move on Estée Lauder

May 16, 2025

Michael Saylor Says Strategy Inc. Shareholders Could ‘Suffer’ If Bitcoin Plunges 90% For Half A Decade, But Reveals A Winning Endgame

May 16, 2025

Browse by Category

  • Artificial Intelligence
  • Business
  • Crypto
  • Economy
  • Gold
  • In Partnership with Preserve Gold
  • Partnership with InvestorPlace
  • Partnership with The Oxford Club
  • Personal Finance
  • Real Estate
  • Sponsored
  • Stocks
  • Tech
  • Wall Street Word
  • Whale Tracker

Recent News

Bitcoin’s Market Dominance Offers New Investor Insights

May 16, 2025

Nvidia’s New Strategy: Balancing AI Ambitions Globally

May 16, 2025
  • Privacy Policy
  • Terms of Use
  • CCPA Privacy Notice
  • SMS Terms

© 2025 - InvestingPioneers.com.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Wall Street Word
  • Whale Tracker
  • Stocks
  • Gold
  • Crypto
  • Economy

© 2025 - InvestingPioneers.com.