“Elon Musk has been pretty cavalier about his ability to turn on or turn off Starlink to influence policy decisions,” Garner, from the Benton Institute, told me, referring to a series of recent posts on X from Musk about cutting off Starlink access in Ukraine.

Secondary market investors have sent the collective valuation of four of Musk’s private entities up 45% since the US election.

Tesla’s stock has taken a nosedive since Donald Trump was elected president — but Elon Musk’s privately held firms have seen their valuations soar, according to a report. Investors in secondary markets have driven up the collective valuation of four of Musk’s privately held companies by 45% since the Nov.