Sort of, but they also benefit from tariffs and lower regulation:

• Tesla - don’t have to cut prices if your competitors have to raise theirs; also, less regulation on cars means he can get to market faster
• SpaceX - oversight on rocket launches costs money
• xAI - slashing regulations on AI helps this new company
• Neuralink - again, regulations are a major limitation here

He is also big into cryptocurrencies, so he stands to gain there as well.

All in all, there’s a good chance he makes his $44B back by having Trump’s ear and being able to encourage certain changes over others.

They’re indirectly in his pocket. And in my view paying 44 billion to control parts of a government in the most powerful country in existence is nothing to scoff at.

He’s going to be in charge of Department of Government Efficiency (DOGE)