• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

2

Current price of oil as of July 13, 2026

3

Current price of silver as of Monday, July 13, 2026

1

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

2

Current price of oil as of July 13, 2026

3

Current price of silver as of Monday, July 13, 2026
PoliticsDonald Trump

Elon Musk pitches himself for a public accounting committee in an interview with Donald Trump

Paolo Confino
By
Paolo Confino
Paolo Confino
Reporter
Down Arrow Button Icon
Paolo Confino
By
Paolo Confino
Paolo Confino
Reporter
Down Arrow Button Icon
August 12, 2024, 10:27 PM ET
Former President Donald Trump making a hand gesture during a press conference
Elon Musk interviewed former President Donald Trump on X, the social media platform he owns on Monday evening. Joe Raedle
Add Fortune on Google for similar content.

On Monday evening, Elon Musk interviewed former President Donald Trump on X.

Recommended Video

The interview was initially delayed by technical difficulties. Once it started it became a wide-ranging interview the two discussed last month’s assassination attempt against Trump, immigration, foreign policy, and the economy. At points during the interview Trump gave meandering answers, many of which were riddled with falsehoods.

When discussing the economy Musk regularly spoke of the runaway government spending that he said led to inflation. Several times Musk pitched himself as a candidate to serve on a “government efficiency commission” that would examine public spending.

The commission in would “ensure that the taxpayer money, the taxpayers are hard earned money, is spent in a good way,” Musk said. “And I’d be happy to help out on such a commission attempted to broach the subject with Trump, who often pivoted to his usual talking points about the cost of living.”

Trump responded favorably, telling Musk he’d “love” to have him on such a committee. The federal government spent $6.13 trillion in fiscal year 2022.

Musk went on to say that excessive government regulation was another reason for persistent infation. “If you deregulate, like have sensible regulations, so because lot of the regulations are nonsensical and cause the cost to be extreme for no reason,” Musk said.

Over the course of the interview Musk and Trump were rather chummy, joking and complimenting one another.

Musk only recently formally endorsed Trump, which he did immediately after the failed assassination attempt against him last month. Since then reports emerged that Musk was throwing his considerable financial weight behind the former president’s reelection campaign. The Musk-backed America PAC pledged millions in support of Trump. Musk is reportedly personally involved with parts of the PAC’s work, which includes an effort to turnout 800,000 low propensity voters in various battleground states, according to the Wall Street Journal. (Officials from North Carolina and Michigan are investigating the PAC over allegations it improperly collected voter data). 

I fully endorse President Trump and hope for his rapid recovery pic.twitter.com/ZdxkF63EqF

— Elon Musk (@elonmusk) July 13, 2024

Prior to the last few years, Musk had a relatively little involvement in politics. Now, he stands as one of the standard bearers for Silicon Valley’s support of Trump. That in and of itself is somewhat surprising considering the tech industry was in the past considered a bastion of Democratic support. While it’s still overwhelmingly so, the emergence of prominent tech industry figures coming out in support of Trump is a somewhat new development. In addition to Musk, Trump’s tech supporters include a crop of venture capitalists like Marc Andreessen, Ben Horowitz, Peter Thiel, Doug Leone, and Palantir cofounder Joe Lonsdale.  

Musk’s support for Trump doesn’t dovetail neatly with his business interests as the CEO of an electric vehicle company. Trump has regularly been hostile to electric vehicles. He has also mentioned that he plans to end subsidies for electric vehicles, which help Tesla’s sales. Although Trump may have changed his tune, saying recently he had “no choice” but to support electric vehicles since Musk endorsed him. 

During their joint conversation, Trump complimented Tesla’s, calling them a “great product.”

Musk’s support for Trump grew over time. In 2022, during an appearance on the All-In podcast, Musk said that in the past he had voted “overwhelmingly” for Democrats. Around that time his political allegiances began shifting. By the 2022 midterms Musk would come out in support of the Republican Party. Yet he still hadn’t warmed to Trump entirely. 

“I don’t hate the man,” Elon Musk wrote in a social media post in July 2022, “but it’s time for Trump to hang up his hat & sail into the sunset.”

I don’t hate the man, but it’s time for Trump to hang up his hat & sail into the sunset.

Dems should also call off the attack – don’t make it so that Trump’s only way to survive is to regain the Presidency.

— Elon Musk (@elonmusk) July 12, 2022

In the same social media thread Musk expressed concern about Trump’s age. “Trump would be 82 at end of term, which is too old to be chief executive of anything, let alone the United States of America,” Musk wrote. 

Trump would be 82 at end of term, which is too old to be chief executive of anything, let alone the United States of America.

If DeSantis runs against Biden in 2024, then DeSantis will easily win – he doesn’t even need to campaign.

— Elon Musk (@elonmusk) July 12, 2022


Ironically, that was the very same argument used to eventually push President Joe Biden out of the race last month. Biden then endorsed Vice President Kamala Harris who has since become the Democratic nominee. Since then, Trump’s mammoth lead in the polls has been slipping. A recent poll found Harris leading Trump in the critical battleground states of Michigan, Wisconsin, and Pennsylvania.

At times the conversation between Musk and Trump reached near-apocalyptic levels, as they two fretted over the possibility of a world war. “We have numerous places that could end up in world war three right now,” Trump said.

Musk agreed, highlighting what he saw as the costs. “The risk of global thermonuclear warfare it’s game over for you,” he said.

There was a similar tone when discussing the state of the economy.

Throughout the interview Musk

A highly anticipated interview between Elon Musk and former President Donald Trump set to take place on X encountered technical difficulties.

The interview, which both Musk and Trump had heavily promoted, was set to take place at 8 p.m. ET on X Spaces, a feature of the app that allows users to host live conversations. However, users couldn’t join the chatroom to listen in. Users that tried to join the conversation to listen live were instead met with an error screen that told them the Space was “unavailable.”

Midway through the interview, Musk realized this was the case and tweeted that he believed X was being attacked. “There appears to be a massive DDOS attack on X,” Musk wrote in a post on X. “Working on shutting it down. Worst case, we will proceed with a smaller number of live listeners and post the conversation later.”

There appears to be a massive DDOS attack on 𝕏. Working on shutting it down.

Worst case, we will proceed with a smaller number of live listeners and post the conversation later.

— Elon Musk (@elonmusk) August 13, 2024

DDOS stands for distributed denial of service, referring to a type of cyberattack that disrupts normal service to a certain website. Fortune was not able to independently verify if X had been the victim of a cyberattack.

Musk also said that earlier on Monday X had tested Spaces with 8 million listeners.

The technical difficulties with Musk’s Trump interview were reminiscent of similar problems Florida Gov. Ron DeSantis encountered when he launched his Republican primary bid on the platform in May 2023. Roughly 500,000 people tried to join the X Space at once, causing the site’s servers to crash.

The technical mishap during the interview come at a difficult time for Trump’s presidential campaign, his third overall. He has struggled to maintain a disciplined message, even more so than usual, dealt with a rocky rollout of his vice presidential nominee Ohio Senator JD Vance. Meanwhile his opponent Vice President Kamala Harris has energized her party’s base ever since she took over the role of Democratic nominee from President Joe Biden. Democratic voters eager to rally behind a candidate that wasn’t Biden have rallied behind Harris, greeting her campaign with considerable enthusiasm. A new poll now shows Harris overtaking Trump in the critical battleground states of Michigan, Wisconsin, and Pennsylvania, which he had previously led in.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
Paolo Confino
By Paolo ConfinoReporter

Paolo Confino is a former reporter on Fortune’s global news desk where he covers each day’s most important stories.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’
PoliticsIran
U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’
By Jon Gambrell, Konstantin Toropin, Will Weissert and The Associated PressJuly 13, 2026
8 hours ago
Lindsey Graham and Mitch McConnell face each other.
North Americagovernment spending
McConnell’s absence could jeopardize Republicans’ defense spending agenda as the Iran war escalates
By Sasha RogelbergJuly 13, 2026
8 hours ago
usa
North AmericaWealth
America pays workers just 27% of what its wealth allows — the worst in the OECD
By Stephen Bagwell, Susan Randolph and The ConversationJuly 13, 2026
11 hours ago
dan
PoliticsElections
Meet Dan Sullivan, the retired schoolteacher running for office who insists he’s not trolling sitting Senator Dan Sullivan
By Becky Bohrer and The Associated PressJuly 13, 2026
14 hours ago
na
North AmericaEducation
‘We devalued the trades’: A Native American graduation miracle that isn’t what it seems
By Savannah Peters and The Associated PressJuly 13, 2026
14 hours ago
mm
North AmericaElections
Mitch McConnell breaks silence, said he was ‘briefly unconscious’ after a fall, got treated for mild pneumonia
By Mary Clare Jalonick and The Associated PressJuly 13, 2026
14 hours ago

Most Popular

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
Innovation
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
By Sasha RogelbergJuly 12, 2026
2 days ago
Current price of oil as of July 13, 2026
Personal Finance
Current price of oil as of July 13, 2026
By Joseph HostetlerJuly 13, 2026
21 hours ago
Current price of silver as of Monday, July 13, 2026
Personal Finance
Current price of silver as of Monday, July 13, 2026
By Joseph HostetlerJuly 13, 2026
21 hours ago
Trump embraces Australian retirement system backed by Larry Fink
Personal Finance
Trump embraces Australian retirement system backed by Larry Fink
By Brianna Sosa and BloombergJuly 12, 2026
1 day ago
How Pete Hegseth's DEI order just put Scouting America's future at stake
North America
How Pete Hegseth's DEI order just put Scouting America's future at stake
By Seth T. Kannarr, Derek H. Alderman and The ConversationJuly 13, 2026
12 hours ago
Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it
Success
Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it
By Preston ForeJuly 6, 2026
8 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.