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Sorry to post so late, but there are some things adding up that deserve a closer look.
As SpaceX prepares for its stock market debut tomorrow, its political action committee has been shifting significant amounts of money toward Republican candidates and committees ahead of the midterm elections. At the same time, Elon Musk has become one of the largest political donors in the country, spending hundreds of millions of dollars to influence elections and public policy.
Now one of the world’s most powerful companies is about to become accessible to everyday investors, while its political footprint continues to expand behind the scenes.
Maybe it’s nothing. But when a company gains enormous economic influence while becoming increasingly intertwined with partisan politics, it’s worth paying attention to where the money is flowing and who stands to benefit.
Just something to keep an eye on. 👀
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