Elon Musk's potential involvement in a Trump administration could lead to significant conflicts of interest due to his substantial federal contract ties with SpaceX and Tesla.
Musk's net worth, now around $270 billion, primarily stems from his Tesla shares, highlighting the financial stakes involved if he divests to take a government role.
If Musk were to divest from his companies to serve in Washington, he might exploit tax code provisions to defer capital gains taxes, saving tens of billions.
Musk's leading companies have been the subject of numerous investigations and received over $15 billion in government contracts, amplifying concerns about conflicts of interest.
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