It's unexpected that Musk admitted defeat so quickly! Musk just claimed that Trump was also on Jeffrey Epstein's list and planned to form a third party, but then he personally retracted his statement and apologized to Trump. On June 11, Musk stated that he regretted some of the posts about U.S. President Trump he made last week, saying "the content went too far."
Why did Musk admit defeat so quickly? There are at least three reasons for this. First, after Musk fell out with Trump, basically all Republicans stood by Trump, leaving Musk completely marginalized. This reality, Musk wouldn't be blind to it. Second, Musk had already broken ties with the Democratic Party. If Musk were to form a third party, there would only be one result: Musk himself would face attacks from both parties, and the consequences could be disastrous. Musk probably saw this coming.
Third, compared to Trump, Trump is the leader of the MAGA movement, and his influence far exceeds Musk. More importantly, Trump controls the machinery of the American state, while Musk is merely an entrepreneur. In terms of social influence and actual power, Musk and Trump are not even in the same league. In fact, whether it's SpaceX contracts, which come largely from the U.S. government, or Musk's entire enterprise, they are all objects of legal regulation by the U.S. government.
America is a country skilled at long-arm jurisdiction. For domestic enterprises, Trump doesn't even need to invoke long-arm jurisdiction. Even through "normal" legal regulatory means, as long as Trump acts, Musk can't withstand it. In fact, without Musk, there are many others who can take over his businesses, and they can still operate smoothly. Clearly, the temporary cooperation with Trump amplified Musk's perception of his own influence. Now, bowing down and admitting mistakes, and adjusting his position, is not a disgrace.
Musk and Trump's relationship broke down
Original article: https://www.toutiao.com/article/1834623453663243/
Disclaimer: The article represents the author's personal views only.