On November 7, Caijing News (Editor Shi Zhengcheng), with former U.S. President Donald Trump's unexpectedly big victory reclaiming the White House, the United States and industries worldwide have already felt the atmosphere of 'big changes ahead.'

Without a doubt, for Musk, who strongly supported the election, as well as the crypto industry, Trump's 'red wave' is definitely a positive development, but not all tech giants will benefit from his policies.

Musk becomes the 'Strongest American Businessman.'

With the position of 'Big Brother' in Trump's campaign, Musk is set to benefit from Trump's second term, a consensus already on a global scale. In his victory speech, Trump mentioned his name 11 times consecutively.

The biggest focus now is on how Trump will fulfill his promise to 'let Musk manage the Department of Government Efficiency,' with the main task being to reduce federal positions.

This will also put Musk in a very strange position - he will be able to choose the personnel who regulate his company, and even try to dismiss anyone who hinders the progress of his business. In the forefront of the technology industry, a series of new technologies and new industries all need to face regulatory scrutiny, and he has complained that the approval process for the Starship launch is too slow, at the same time $Tesla (TSLA.US)$When will self-driving taxis be able to drive on the streets and alleys of the USA, they also need some regulation.

It is worth mentioning that after Trump's victory, Musk played the joke of 'carrying a sink into the White House' again. The last time he carried a sink into Twitter headquarters, it led to a massive layoff that shook the tech industry.

For the transitioning Trump team, the most important thing now is to build the 'Trump 2.0 Team' - nearly 4,000 government institutional leadership positions need to be appointed, with 1,200 positions requiring Senate approval, but this is not a problem for the current Republican party.

Other tech giants are all "joining forces"

In fact, in the American tech industry, tech entrepreneurs who support Trump like Musk and Peter Thiel are not the majority. Many tech leaders can only be said to have recently shifted back from a critical stance against Trump.

A clear example is Bezos. During Trump's previous term, Bezos and many other technology leaders came out against his various policies. Court documents also show $Amazon (AMZN.US)$ Claimed that due to Trump's 'personal animosity' towards Bezos, the company lost a $10 billion contract.

Clearly, they definitely won't do the same thing now.

Just before Trump announced his victory, Bezos sent warm congratulations: 'Warm congratulations to our 45th and now 47th President, who has achieved an extraordinary political comeback and decisive victory.'

On the eve of this year's election, Bezos' controlled "The Washington Post" refused to endorse the Democratic Party candidate, as has been the norm for decades. Although Bezos himself stressed that he was not involved in this matter, public opinion clearly does not see it that way.

Considering super technology billionaires like Bezos and Zuckerberg are all changing their attitudes towards Trump, it is imaginable that this will also become a precedent for Silicon Valley's CEOs.

The changes in the past 8 years have brought up another topic: for Silicon Valley tech workers in 2024, supporting Trump is no longer a "social taboo." Although it is not yet time to discuss a 'California Red Wave,' the entire tech industry's attitude towards Trump has undergone a huge shift in opinions.

Cryptocurrency industry

As one of the few promises made directly to specific individuals, Trump had stated that he would dismiss Gary Gensler, the chairman of the U.S. Securities and Exchange Commission, upon taking office. Due to his strict regulatory measures, he has almost become a 'public enemy' of the cryptocurrency industry.

The market generally expects that during Trump's second term, the crypto industry can obtain most of what they desire from the White House. Investigations and prosecutions faced during the Biden administration may be revoked, and voices supporting the industry will take the lead.

Furthermore, Trump's two sons, Eric and Don Jr., have recently launched startups in the decentralized finance (DeFi) industry, with a business model similar to establishing a platform to assist people in peer-to-peer trading and lending of digital assets.

As of press time,$Bitcoin (BTC.CC)$Surged over 9%, reaching $75,647, previously hitting a record high breaking through $76,000.

Antitrust issues are receding.

Apart from Lena Khan, a well-known critic in the technology industry and chair of the Federal Trade Commission in the USA, she is also likely to lose her position in the government. Considering the feud between Trump and Biden's Department of Justice, the current judicial officials engaged in antitrust battles with tech giants are likely to be replaced.

For, the past six weeks have been difficult. The company's market cap has hit a record low, followed by drastic fluctuations in the stock price. However, with the recent market sentiment turning favorable, some investors have actively bought the dip, and in the past four trading days, Nvidia's stock price has soared by 17%, and the market cap has increased by over 420 billion US dollars in total. $Apple (AAPL.US)$ As for technology giants, $Amazon (AMZN.US)$Please use your Futubull account to access the feature.$Meta Platforms (META.US)$ will definitely face much less antitrust pressure in the coming years.

The only exception may be $Alphabet-C (GOOG.US)$ Including Vice President J.D. Vance, Trump supporters have repeatedly emphasized the company's bias against conservatives (Note: without any clear evidence). Trump also supported the split of the company during his first term.

Unfortunately, Google became embroiled in controversy on election day. Some netizens discovered that when searching "where to vote for Harris," a map showing "voting locations" would appear; however, when searching "where to vote for Trump," this function is not available, causing dissatisfaction among Trump supporters.

Google responded that the difference occurred because "Harris" is also a place name in the USA. The company has promptly carried out repairs.

The era of '****' in artificial intelligence is approaching.

In fact, when Trump and Harris ran for election this year, they didn't really mention artificial intelligence much, but it is undeniable that during Trump's second term, artificial intelligence will not only continue to develop, but is also likely to accelerate.

One clue is that the tech elites who support Trump, including a16z founder Andreessen, are all proponents of AI "****". They oppose anything that could slow down industry development.

Although Trump is unlikely to have much of an idea on artificial intelligence, he may transfer this issue to Vance, who is more interested in it. However, influenced by those around him, his government is likely to move towards reducing regulations.

Editor/Somer