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Fortune
Fortune
Jenn Brice

How Elon Musk’s $130 million investment in Trump's victory could reap a huge payoff for Tesla and the rest of his business empire

elon musk speaks on stage at trump rally (Credit: Jabin Botsford/The Washington Post via Getty Images)

Donald Trump’s election-night address to the country confirmed that one of the evening’s biggest winners—in addition to himself—was Elon Musk. 

Trump spent a hefty portion of his scattered victory speech thanking Musk, who has recently spent more than $130 million and a lot of time and tweets to the conservative political cause. In particular, Trump had high praise for Musk’s rocket company SpaceX and its Starlink internet satellites—two business units ripe for government contracts.

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