Jeff Bezos Counters Elon Musk's Allegations Regarding Election Predictions and Stock Advice
ICARO Media Group
**Bezos Refutes Musk's Claims of Predicting Trump Loss and Advising Stock Sell-Off**
In a recent online exchange, Amazon founder Jeff Bezos firmly denied allegations made by Elon Musk regarding the upcoming 2024 election. Musk, who serves as the CEO of Tesla and SpaceX, claimed in an early morning post that Bezos had been spreading predictions of Donald Trump's defeat and advising shareholders to sell their Tesla and SpaceX stock.
Musk's post cited Mar-a-Lago as the venue where he purportedly learned of Bezos's comments. Without hesitation, Bezos responded to the post on platform X, stating, "Nope. 100% not true." As an influential figure in the space industry and the owner of The Washington Post, Bezos's denial was swift and unequivocal.
In addition to his rebuttal, Bezos took a significant editorial stand recently. The Washington Post, under his ownership, refrained from endorsing any candidate for the 2024 election, despite plans to support Kamala Harris. Bezos justified this move as an effort to rebuild trust in the media. However, this decision led to a substantial backlash, resulting in over 200,000 digital subscription cancellations within a few days, according to NPR.
Conversely, Elon Musk has been vocal in his support for Trump's campaign. Reports indicate that Musk has contributed more than $100 million to bolster Trump's electoral prospects. Furthermore, Musk, alongside Vivek Ramaswamy, has been appointed by Trump to spearhead the Department of Government Efficiency (D.O.G.E.). This initiative aims to reform the federal government and implement significant budget cuts. Among Trump's key objectives for a new term is the extension of his 2017 tax bill, which previously slashed the corporate tax rate from 35% to 21%.