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You could also argue how much is Elon Musk really an old school industrialist when many of his companies are very intertwined with the government. Tesla selling

You could also argue how much is Elon Musk really an old school industrialist when many of his companies are very intertwined with the government. Tesla selling regulatory credits to other automakers, SpaceX with goverment contracts, ... So I not sure if managerialism vs industrialist is the right divide here. But there is some divide that makes Elon owning Twitter more notable than Blackrock owning it for some reason.

nverno 4y ago
The government has always been a customer. Companies in many industries can compete for government contracts. Going back the to industrialist days the gov was providing subsidies as well, eg. for railroads
snovv_crash 4y ago
Isn't that more of a virtue of the industries he is in rather than specifics of the companies he has built? SpaceX gets government contracts, yes, but no more than Boeing or Lockheed Martin. You can also argue they give a lot more value for the public money they do get, relative to the industry incumbents. Similarly, any other car company that had bothered to make a viable electric car could have cashed in on the regulatory credits. In fact Toyota, the biggest car company in the world, was doing this for a decade with the Prius, until they dropped the ball on going full electric.