Musk, Trump live stream highlights》No mention of Bitcoin and blockchain, TRUMP concept coins plummet across the board.

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Former U.S. President Trump accepted an exclusive interview with billionaire Elon Musk on the social platform It started just minutes later, and the two conducted an interview for more than two hours. According to X statistics, the interview attracted more than one million netizens to listen.

Trump interview highlights

During the interview, Trump chatted freely with Musk without any restrictions, including talking about the Pennsylvania shooting, energy policy, climate change, nuclear weapons threats and other issues. However, most of what they talked about came from the material of the campaign speech, and there was not much new. In his remarks, Trump repeated his old tune in the interview, criticizing Democratic presidential candidate Kamala Harris for improperly handling the immigration issue, Biden's failure to prevent the wars in Gaza and Ukraine, and insisting that the United States would be better off if he came to power...etc.

Extended reading: Musk, Trump

Here’s a quick summary of the highlights from Trump’s interview with Musk.

Trump: Plans to return to shooting site in October

The interview first talked about the attack on Trump last month. Trump said that he may never talk about the attempted shooting again. This is the only time he will talk about the topic in depth. He also expressed his intention to return to the incident in October. Butler, Pennsylvania, participated in another campaign.

Trump: Americans are most concerned about the economy and inflation

Talking about the economy and inflation, Trump said that if he was re-elected as president, such a problem would not happen. What really makes him angry is that Harris and Biden allowed such a thing to happen to the economy. This is an inflationary disaster. , no matter what people earn, inflation will eat them alive.

Trump: Will attract companies to build factories in the United States

Trump mentioned that companies will be incentivized to enter the United States, not leave the United States. The U.S. will have huge incentives for companies to build factories in the U.S. rather than building factories elsewhere, and the U.S. wants to create jobs.

Musk: Willing to help Trump cut federal spending

Musk appears to be increasingly involved in U.S. politics. He has proposed that he is willing to play a role in helping to reduce federal spending during Trump's second term. He has called for the establishment of a government commission to ensure that people's money is used effectively. , and claimed that he played a role in this process.

I would be happy to help on such a committee and would be delighted if it were established.

Trump agreed with the concept, citing Argentinian President Javier Milei's drastic spending cuts as an example, praising "I heard he did a very good job."

Musk: The oil and gas industry should not be denigrated

Although Musk advocates new energy, he said that it is wrong to denigrate the oil and natural gas industry. Those who work hard in these industries provide necessary energy for the economy. If the use of oil and natural gas is stopped now, everyone will starve. The economy will collapse, but due to environmental pollution, he hopes the United States will move to a "more sustainable economy."

Trump praises Tesla

Trump, who has repeatedly criticized electric cars and threatened to cancel the electric car subsidy policy if elected, said that Musk has indeed made a great product. Although this does not mean that everyone should own an electric car, Trump SLA's products are "incredible."

Trump: Suggests the U.S. build more high-speed rail

Regarding Musk's high-speed rail project, the two expressed excitement about the progress it has made in Las Vegas. They agreed that more can be built. The two also said that the speed of China's high-speed rail is incredible, and the United States can try Build such a high-speed rail project underground.

Trump: Will build massive energy reserves to develop AI

Trump said that knowing that Musk is a big fan of AI, he is also shocked by AI technology, but he said that AI requires twice the energy that the United States already produces for everything, so the United States must build a large amount of energy reserves .

No mention of cryptocurrencies, Trump concept coins fell

It is worth noting that after the interview, Trump did not mention cryptocurrency or Bitcoin at all, which greatly disappointed the crypto. CoinGecko data shows that Trump’s concept coins also experienced a short-term decline across the board:

  • MAGA (TRUMP) is currently trading at $3.13, down 2.2% in 1 hour
  • MAGA Hat (MAGA) is currently trading at $0.00005776, down 4.2% in 1 hour
  • MAGA Again (MAGAA) is currently trading at $0.01914, down 8.8% in 1 hour
  • Doland Tremp (TREMP) is currently trading at $0.1704, down 2.1% in 1 hour
  • Super Trump (STRUMP) is currently trading at $0.00617, down 4.0% in 1 hour

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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