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Billionaires Elon Musk, Bill Ackman endorse Trump in presidential race

Tesla, X and SpaceX's CEO Elon Musk. (Reuters)
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Updated 14 July 2024
Reuters
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Billionaires Elon Musk, Bill Ackman endorse Trump in presidential race

  • Musk, who has been ramping up criticism of US President Joe Biden, said Trump has proved that he is "tough"
  • Musk has said he previously voted for Democratic presidential candidates Hillary Clinton as well as Biden
Updated 14 July 2024
Reuters

Billionaires Elon Musk, the CEO of Tesla, and hedge fund manager Bill Ackman, publicly endorsed Donald Trump for the first time in the US presidential race, with Musk calling the Republican former president “tough.”

Musk, the world’s richest person, posted the endorsement with a video of Trump with blood on his face pumping his fist after multiple shots rang out at Trump’s rally in Pennsylvania on Saturday. Trump was safe.
The posts cement Musk’s shift toward right-wing politics and hand Trump a high-profile backer in his quest to return to the White House in the Nov. 5 election.
“I fully endorse President Trump and hope for his rapid recovery,” Musk posted on his social media platform X.
“The martyr lived,” he wrote in a later post, citing a reported debate between conservative venture capitalist Peter Thiel and LinkedIn co-founder and Democratic megadonor Reid Hoffman.

 

Musk later posted a photograph of Trump at the event, followed by: “Last time America had a candidate this tough was Theodore Roosevelt.”
Musk and representatives from X did not immediately respond to requests for comment.
Musk, who has been ramping up criticism of US President Joe Biden, has donated to a political group working to elect Trump, Bloomberg reported on Friday, citing sources.
The South African-born businessman’s sway stands to benefit Trump, since Musk has one of the largest footprints on X with 189.5 million followers, meaning his posts can instantaneously spread widely.
Musk has said he previously voted for Democratic presidential candidates Hillary Clinton as well as Biden.
However, in the last few years, Musk has espoused right-wing views, becoming a fierce critic of diversity initiatives, Biden’s immigration policies and complaining that Democrats had given a “very cold shoulder” to Tesla and his rocket company SpaceX.
In March, Trump, who is expected to be formally nominated next week as the Republican Party’s candidate for the Nov. 5 election, reportedly met with Musk and other wealthy donors.
In response to reports of the meeting, Musk posted on X: “Just to be super clear, I am not donating money to either candidate for US President.” In May, he also denied media reports that there had been talks over a potential advisory role for him in any Trump presidency.

FROM “BULL***T ARTIST” TO “FAN OF ELON“
In July 2022, Musk said Trump was “too old to be” president of the United States, and Trump needed to “sail into the sunset.” Musk also said he was leaning toward supporting Florida Governor Ron DeSantis for president in 2024.

Trump hit back, calling Musk a “Bull***t artist“.
Then in late 2022, Twitter reversed its ban on former US President Trump shortly after Musk completed his $44 billion purchase of the controversial social media platform, which he later renamed X.
Last month, Trump said he was “a fan of Elon,” adding “he does an incredible job with Tesla.”
Musk said at a recent Tesla shareholder meeting that the two men had “some conversations.” Trump is a “huge fan” of Tesla’s electric pickup trucks, Musk said.
Trump has reiterated his pledge to immediately abandon the Biden administration’s “mandate” to support the electric vehicle industry.
Musk’s support for Republicans and his antisemitic and other controversial comments have alienated some Tesla customers, weighing on the carmaker’s reputation and sales. (Reporting by Hyunjoo Jin and Alexandra Ulmer, additional reporting by Rami Ayyub and Gnaneshwar Rajan, editing by Deepa Babington, Lananh Nguyen and Franklin Paul)

For his part, hedge fund manager Ackman posted on social media platform X endorsing Trump after the Republican candidate was shot during his campaign rally.
“I just endorsed him,” Ackman said.  “But you know me. I write long posts on important topics. I want people to understand my thinking so it means more and helps others get to the right place,” Ackman said in response to an X user.

Ackman had considered endorsing Trump as recently as May, and had planned to announce his support on X, Reuters and other media outlets reported.
A spokesperson for Ackman did not immediately respond to Reuters’ request for comment.

Topics: 2024 US Elections Elon Musk Bill Ackman Donald Trump

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In their final meeting, Zelensky and Austin say military aid to Ukraine must continue under Trump

Updated 3 sec ago
AP
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In their final meeting, Zelensky and Austin say military aid to Ukraine must continue under Trump

  • Defense Secretary Lloyd Austin: US to send another $500 million in security assistance to Ukraine
  • The US has provided about $66 billion of the total aid to Kyiv since February 2022
Updated 3 sec ago
AP
RAMSTEIN AIR BASE, Germany: Ukrainian President Volodymyr Zelensky and US Defense Secretary Lloyd Austin used their final meeting Thursday to press the incoming Trump administration to not give up on Kyiv’s fight, warning that to cease military support now “will only invite more aggression, chaos and war.”
“We’ve come such a long way that it would honestly be crazy to drop the ball now and not keep building on the defense coalitions we’ve created,” Zelensky said. “No matter what’s going on in the world, everyone wants to feel sure that their country will not just be erased of the map.”
Austin also announced the US would send another $500 million in security assistance to Ukraine, including missiles for fighter jets, sustainment equipment for F-16s, armored bridging systems and small arms and ammunition.
The weapons are funded through presidential drawdown authority, meaning they can be pulled directly from US stockpiles, and the Pentagon is pushing to get them into Ukraine before the end of the month.
This latest package leaves about $3.85 billion in funding to provide future arms shipments to Ukraine; if the Biden administration makes no further announcements, that balance will be available to President-elect Donald Trump to send if he chooses.
“If Putin swallows Ukraine, his appetite will only grow,” Austin told the approximately 50 member nations who have been meeting over the last three years to coordinate weapons and military support for Ukraine. “If autocrats conclude that democracies will lose their nerve, surrender their interests, and forget their principles, we will only see more land grabs. If tyrants learn that aggression pays, we will only invite even more aggression, chaos, and war.”
Austin leaves a consortium that now has more than a half dozen independent coalitions of those countries who are focused on Ukraine’s longer-term security capabilities and who have committed to continuing to stand up those needs through 2027.
Globally, countries including the US have ramped up domestic weapons production as the Ukraine war exposed that all of those stockpiles were woefully unprepared for a major conventional land war.
The US has provided about $66 billion of the total aid since February 2022 and has been able to deliver most of that total — between 80 percent and 90 percent — already to Ukraine.
“Retreat will only provide incentives for more imperial aggression,” Austin told the group. “And if we flinch, you can count on Putin to push further and punch harder. Ukraine’s survival is on the line. But so is the security of Europe, the United States, and the world.”

Kremlin declines to accept responsibility for plane crash

Updated 39 min 34 sec ago
AFP
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Kremlin declines to accept responsibility for plane crash

  • Azerbaijani President Ilham Aliyev has said the Azerbaijani Airlines passenger jet was shot at ‘from the ground’ over the Russian city of Grozny where it had been due to land
Updated 39 min 34 sec ago
AFP

MOSCOW: The Kremlin on Thursday declined to say Russian forces accidentally shot at an Azerbaijani plane which crashed last month, despite Baku repeatedly urging it to accept responsibility for the fatal disaster.
Azerbaijani President Ilham Aliyev has said the Azerbaijani Airlines passenger jet, which crashed in Kazakhstan on December 25, killing 38 people, was shot at “from the ground” over the Russian city of Grozny where it had been due to land.
Russia has said its air defenses were working at the time repelling Ukrainian drones but has stopped short of saying it shot at the plane.
Aliyev, a close ally of Moscow, this week repeated that “guilt” lay with Russia and accused it of “concealment” of the real causes.
“We are interested in an absolutely objective and impartial investigation in order to establish the causes of this catastrophe,” Kremlin spokesman Dmitry Peskov said on Thursday.
“We are waiting for the results of the commission,” he added, saying Russian “specialists are giving their full cooperation.”
Russian President Vladimir Putin called Aliyev twice since the disaster.
The Kremlin said he had apologized for the fact the incident took place over Russian airspace but its account of the phone calls do not say Putin accepted responsibility.
Aliyev has expressed anger over Moscow’s handling of the crash.
He issued fierce criticism and demanded an apology earlier this week, calling on Moscow to punish those responsible for the “criminal” shooting of the plane.
Aliyev said air defense measures for Grozny – the capital of Russia’s Chechnya republic – were only announced after the plane had been “shot from the ground.”
Azerbaijan says the plane was riddled with holes and that preliminary results of its investigation show it was accidentally hit by a Russian air defense missile.

Topics: Azerbaijan Azerbaijan Airlines Russia

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Pope Francis, ramping up criticism of Israel, calls situation in Gaza ‘shameful’

Updated 30 min 1 sec ago
Reuters
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Pope Francis, ramping up criticism of Israel, calls situation in Gaza ‘shameful’

  • Pope Francis: ‘We cannot in any way accept the bombing of civilians’
  • ‘We cannot accept that children are freezing to death because hospitals have been destroyed or a country’s energy network has been hit’
Updated 30 min 1 sec ago
Reuters

VATICAN CITY: Pope Francis on Thursday stepped up his recent criticism of Israel’s military campaign in Gaza, calling the humanitarian situation in the Palestinian enclave “very serious and shameful.”

In a yearly address to diplomats delivered on his behalf by an aide, Francis appeared to reference deaths caused by winter cold in Gaza, where there is almost no electricity.

“We cannot in any way accept the bombing of civilians,” the text said.

“We cannot accept that children are freezing to death because hospitals have been destroyed or a country’s energy network has been hit.”

The pope, 88, who was present for the address but asked an aide to read it as he is recovering from a cold, also condemned anti-Semitism; called for an end to the war in Ukraine and other conflicts around the world; and expressed concern over climate change.

The comments were part of an address to Vatican-accredited envoys from some 184 countries that is sometimes called the pope’s “state of the world” speech. The Israeli ambassador to the Holy See was among those present for the event.

Francis, leader of the 1.4-billion-member Roman Catholic Church, is usually careful about taking sides in conflicts.

But he has recently been more outspoken about Israel’s military campaign against Palestinian militant group Hamas, and has suggested the global community should study whether the offensive constitutes a genocide of the Palestinian people.

An Israeli government minister publicly denounced the pontiff in December for that suggestion.

The pope’s text said he condemns anti-Semitism, and called the growth of anti-Semitic groups “a source of deep concern.”

Francis also called for an end to the war between Ukraine and Russia, which has killed tens of thousands.

“My wish for the year 2025 is that the entire international community will work above all to end the conflict that, for almost three years now, has caused so much bloodshed,” he said.

The pope also addressed conflicts in places including Sudan, Mozambique, Myanmar, and Nicaragua and reiterated his frequent calls for action to confront the impacts of global climate change, and the spread of misinformation on social media.

Topics: War on Gaza Israel Pope Francis Gaza

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Russia battles Kyiv drone strike blaze for second day

Updated 09 January 2025
AFP
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Russia battles Kyiv drone strike blaze for second day

  • Kyiv hit the depot in the city of Engels, some 500 kilometers from the two countries’ border
  • Hours after the drone strike, Russia bombed the Ukrainian city of Zaporizhzhia
Updated 09 January 2025
AFP

MOSCOW: Russian firefighters on Thursday battled for a second day to put out a blaze caused by a Ukrainian drone strike on an oil depot.
Kyiv hit the depot in the city of Engels, some 500 kilometers from the two countries’ border, in Russia’s southern Saratov region on Wednesday.
Moscow has said that two fire firefighters died trying to extinguish the blaze.
Hours after the drone strike, Russia bombed the Ukrainian city of Zaporizhzhia, killing at least 13 people and wounding more than 100.
“Emergency services are continuing to put out the consequences of the drone attack,” Saratov governor Roman Busargin said on Telegram.
“Specialists say that it will take some time to complete the burnout process,” he added.
Busargin said there was “no threat” to residential buildings.
Russia declared an emergency situation in Engels on Wednesday.
Images on social media showed a giant plume of smoke rising over the city, which has a population of around 220,000.
Ukraine has hit Russian infrastructure – sometimes deep behind the front lines – throughout Moscow’s offensive.
It has said that hitting the depot will cause “serious logistical problems” for Moscow’s air force.
Hours after the drone strike, Russia struck Zaporizhzhia, a southern Ukrainian city close to Moscow-occupied territory, killing 13 people.
Kyiv on Thursday said that 113 people were also wounded in the Zaporizhzhia strike, in an updated toll.
Russian attacks on the southern Kherson region killed two people on Thursday, Ukrainian officials said.
Prosecutors said the attacks killed a 54-year-old man in the village of Beryslav – on the Dnipro river that marks the front line – and a 60-year-old woman in Nezlamne, west of the city of Kherson.
The conflict in Ukraine – nearing its three-year mark – has escalated in recent months, with both sides seeking to gain an advantage ahead of Donald Trump returning to the US presidency.

Topics: Russia-Ukraine Conflict Russia Ukraine

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Taiwan demonstrates sea defenses against potential Chinese attack as tensions rise with Beijing

Updated 09 January 2025
AP
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Taiwan demonstrates sea defenses against potential Chinese attack as tensions rise with Beijing

  • Kuang Hua VI fast attack missile boats and Tuo Chiang-class corvettes showcased in waters near Taiwan’s largest port of Kaohsiung
  • Kaohsiung is a major hub for international trade considered key to resupplying Chinese forces should they establish a beachhead on the island
Updated 09 January 2025
AP
KAOHSIUNG, Taiwan: Taiwan on Thursday demonstrated its sea defenses against a potential Chinese attack as tensions rise with Beijing, part of a multitiered strategy to deter an invasion from the mainland.
The island’s navy highlighted its Kuang Hua VI fast attack missile boats and Tuo Chiang-class corvettes in waters near Taiwan’s largest port of Kaohsiung, a major hub for international trade considered key to resupplying Chinese forces should they establish a beachhead on the island.
The Kuang Hua VI boats, with a crew of 19, carry indigenously developed Hsiung Feng II anti-ship missiles and displayed their ability to take to the sea in an emergency to intercept enemy ships about to cross the 44-kilometer limit of Taiwan’s contiguous zone, within which governments are permitted to take defensive action.
China routinely sends ships and planes to challenge Taiwan’s willingness and ability to counter intruders, prompting Taiwan to scramble jets, activate missile systems and dispatch warships. Taiwan demanded on Wednesday that China end its ongoing military activity in nearby waters, which it said is undermining peace and stability in the Taiwan Strait and disrupting international shipping and trade.
Mountainous Taiwan’s strategy is to counter the much larger Chinese military with a relatively flexible defense that can prevent Chinese troops from crossing the strait. Landing sites are few on Taiwan’s west coast facing China, forcing Beijing to focus on the east coast.
Hsiao Shun-ming, captain of a Tuo Chiang-class corvette, said his ship’s relatively small size still allows it to “deliver a formidable competitive power” against larger Chinese ships. The Tuo Chiang has a catamaran design and boasts high speeds and considerable stealth ability.
Taiwan has in recent years reinvigorated its domestic defense industry, although it still relies heavily on US technology such as upgraded fighter jets, missiles, tanks and detection equipment. US law requires it to consider threats to the island as matters of “grave concern,” and American and allied forces are expected to be a major factor in any conflict.
Thursday’s exercise “demonstrates the effectiveness of asymmetric warfare, and Taiwan’s commitment to defense self-reliance,” said Chen Ming-feng, rear admiral and commander of the navy’s 192 Fleet specializing in mine detection. “We are always ready to respond quickly and can handle any kind of maritime situation.”
China’s authoritarian one-party Communist government has refused almost all communication with Taiwan’s pro-independence governments since 2016, and some in Washington and elsewhere say Beijing is growing closer to taking military action.
China considers Taiwan a part of its territory, to be brought under its control by force if necessary, while most Taiwanese favor their de facto independence and democratic status.

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