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GlobalData sees ‘Musk vs. MAGA’ split in Trump administration, speculates market impact

Jan. 30, 2025 2:19 PM ETS&P 500 Index (SP500)SPY, IVV, RSP, SH, SSO, SDS, UPRO, VOO, MAGA, SPXU, DEMZ, ACVF, YALL, KRUZ, NANCBy: Anuron Mitra, SA News Editor
Donald Trump Holds Victory Rally In Washington DC On Eve Of Inauguration

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GlobalData TS Lombard believes that there is a “fissure” in U.S. President Donald Trump’s new administration, with billionaire businessman Elon Musk pushing for a pro-technology sector agenda that clashes with the politician’s “America first” message.

Musk emerged as an influential

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