Elon Musk the richest man in the world formerly backed President Joe Biden but their friendship
has soured over the past year since Biden gained office in 2021 the two men have been exchanging
Jabs on the regular basis most recently Joe Biden criticized Twitter's acquisition by billionaire
Elon Musk claiming that the social media site spews lies across the world Biden's comments
followed musk's announcement that Twitter would begin making cuts on Friday and so let's find out
how intense this feud between Elon and President Joe Biden hello everyone welcome back to Elon
Musk Evolution where we bring you the most recent news about Elon Musk and his multi-billion dollar
companies space news and the latest science and technology but before we begin make sure
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since acquiring Twitter for 44 billion dollars musk has moved quickly for sacking the company
CEO parag agrawal and then dissolving the board of directors to temporarily replace
them with himself as the only director of the company the layoff announcements are
not unexpected because musk stated following the acquisition that he intended to fire up to half
of the company's 7 500 employees musk claim that Twitter has experienced a significant
decline in revenue and blamed activist groups for pressuring advertisers musk claim that
Twitter's Revenue had dropped dramatically as a result of activist groups lobbying advertisers
they're attempting to obliterate free speech in America he continued calling it extremely
messed up before musk completed his 44 billion dollar acquisition Bloomberg revealed that Biden
Administration officials had been in preliminary negotiations about the possibility of subjecting
some of musk's Ventures including the acquisition of Twitter to National Security reviews reportedly
the government disagreed with the reports with citation of people knowledgeable of the situation
several foreign organizations including the Qatar Sovereign wealth fund and Saudi Arabia's prince
al-walid bintalal who is already one of Twitter's biggest investors before musk's proposed takeover
are among the equity investors who have committed to provide financing to help musk fund the deal
and the White House denied on Thursday to provide an explanation for President Biden's surprising
request for a federal probe of Elon musk's purchase of Twitter on the grounds of National
Security which came after musk committed to Halt partisan restrictions on the platform results for
clarification of Biden's statement during the White House Press Conference on Wednesday were
rebuffed by press secretary Kareem Jean-Pierre and National Security adviser Jake Sullivan at the
routine White House briefing Sullivan stated that the committee on foreign investment in the United
States which is made up of representatives from multiple government agencies generally examines
foreign investments but would not provide any further information on the other hand when asked
on Wednesday of Elon Musk the CEO of Tesla SpaceX and Twitter represented a threat to National
Security President Joe Biden responded that the Billionaire's relationships with other countries
is worthy of being looked at the president was specifically asked during a press conference at
the White House on Wednesday do you think Elon Musk poses a threat to U.S national security
should the U.S using the resources at its disposal look into its joint acquisition of Twitter with
foreign governments including the Saudis Biden stated Elon musk's cooperation and or technical
relationships with other countries is worthy of being looked at whether or not he is doing
anything inappropriate I'm not suggesting that I'm suggesting it's worth being looked at and that's
all I'll say musk actively criticizes Democrats and is not a fan of Biden musk has charged that
the president has ignored Tesla his successful electric vehicle company throughout 2022 and has
instead favored venerable automakers and their unions he sworn to cast his ballot for the GOP
musk posted the following on Twitter on November 7 as voters prepared to cast their ballots shared
power curbs the worst excesses of both parties so I encourage voting for a republican Congress
granted that the presidency is democratic Elon Musk has also expressed his views on China and
Taiwan calling for Taiwan to be designated has a special administrative zone of China with
regulations that may be more lenient than those in Hong Kong his comments on China and Taiwan follow
his comments on Russia the success of musk's electric car company Tesla depends on its access
to a variety of suppliers and to a larger market in mainland China though it is now expanding and
ramping up production at two other new plants in Austin Texas and outside of Berlin Germany
Tesla operates its most successful and largest car assembly plant in Shanghai Tesla received
a loan from the Chinese government to Aid in the construction of its Shanghai Factory and China has
granted Tesla but not any other American automaker the freedom to run its manufacturing freely within
the nation without establishing a joint venture with any other Regional automaker or manufacturer
musk tweeted in the middle of October that the cost of starlink in Ukraine had reached
80 million dollars so far and will reach 100 million dollars by the end of the year he
omitted to disclose that the U.S has also paid SpaceX it is not bearing the expense by itself
according to vice prime minister Michaela federov last Thursday the Ukrainian government which
normally Praises SpaceX and musk is now searching for alternatives to starlink it's unclear what
effect Biden's proposal for a probe into musk may have on his other business operations
with a 4.93 billion dollar deal to transport personnel and supplies to the International Space
Station SpaceX has a sizable number of contracts with the US government the Biden Administration
gave SpaceX a 2.9 billion dollar contract last year to construct a lunar lander that will enable
the return of people to the moon the tech Mogul is sometimes referred to as a Libertarian yet
when government assistance has provided beneficial to his company he is not backed away most of the
time once political beliefs determine how they felt conservatives celebrated it as a Triumph
for free expression liberals were concerned that false information would spread if Mr musk carried
out his plan to change the way the social network controls content what kind of political ideology
the enigmatic billionaire himself subscribes to however was something that no one appeared
to be able to state with any degree of Surety the reason for this is that Mr musk who was
born in South Africa and just acquired American citizenship in 2002 expresses opinions that don't
easily fit into the binary left right political framework of this nation his politics can be
contradictory and irrational despite the fact that he is commonly labeled as a Libertarian
the most important and contentious problems of the day such as covid-19 lockdowns which
he labeled fascist and immigration restrictions which he has stated he strongly disagrees with
are all topics on which he has a wealth of opinion except for the fact that they frequently coincide
with his economic interests there is little consistency in his erratic public pronouncements
or his voluminous Twitter commentary it's also challenging to determine whether the Elation
and worry about how he would handle the business are reasonable in light of the extreme political
response to his unsolicited offer to purchase Twitter due to his Shady politics and that ends
our episode we hope that you enjoyed the video what do you think of this episode and what do
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