{"id":2885,"date":"2024-10-14T17:35:50","date_gmt":"2024-10-14T17:35:50","guid":{"rendered":"https:\/\/nine9ja.com\/?p=2885"},"modified":"2024-10-14T17:35:50","modified_gmt":"2024-10-14T17:35:50","slug":"billionaire-barry-diller-thinks-elon-musk-has-a-form-of-megalomania-and-is-backing-trump-after-being-rejected-by-biden","status":"publish","type":"post","link":"https:\/\/nine9ja.com\/pa\/billionaire-barry-diller-thinks-elon-musk-has-a-form-of-megalomania-and-is-backing-trump-after-being-rejected-by-biden\/","title":{"rendered":"Billionaire Barry Diller thinks Elon Musk has a &#8216;form of megalomania&#8217; and is backing Trump after being rejected by Biden"},"content":{"rendered":"<div>\n<ul>\n<li>\n<p>Barry Diller suggested Elon Musk endorsed Donald Trump due to &#8220;rejection&#8221; by the Biden administration.<\/p>\n<\/li>\n<li>\n<p>He also told Michael Wolff&#8217;s podcast that Musk was motivated by &#8220;a form of megalomania.&#8221;<\/p>\n<\/li>\n<li>\n<p>The IAC and Expedia chairman criticized Musk for alienating X users.<\/p>\n<\/li>\n<\/ul>\n<p>Barry Diller thinks <a href=\"https:\/\/www.businessinsider.com\/elon-musk?utm_medium=referral&#038;utm_source=yahoo.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Elon Musk;elm:context_link;itc:0;sec:content-canvas\">Elon Musk<\/a> is backing Donald Trump because he&#8217;s bitter about being rejected by the Democrats, the billionaire told the &#8220;Fire and Fury&#8221; <a href=\"https:\/\/omny.fm\/shows\/fire-and-fury-the-podcast\/special-guest-barry-diller\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:podcast;elm:context_link;itc:0;sec:content-canvas\">podcast<\/a>.<\/p>\n<p>Musk officially endorsed Trump after the former President was shot at a rally in Pennsylvania in July. He also created a super PAC, the <a href=\"https:\/\/www.businessinsider.com\/elon-musk-super-pac-spending-competitive-house-races-republicans-2024-9?utm_medium=referral&#038;utm_source=yahoo.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:America PAC;elm:context_link;itc:0;sec:content-canvas\">America PAC<\/a>, that has spent more than $80 million on the election.<\/p>\n<p>&#8220;Why he has gone this way, I think, is out of some weird bitterness and rejection by the current administration,&#8221; <a href=\"https:\/\/www.businessinsider.com\/barry-diller-foresees-four-day-workweeks-flexible-fridays-2024-4?utm_medium=referral&#038;utm_source=yahoo.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Diller;elm:context_link;itc:0;sec:content-canvas\">Diller<\/a> told presenters Michael Wolff and James Truman.<\/p>\n<p>Musk was once a supporter of Joe Biden, but the pair <span>have often <\/span><a href=\"https:\/\/www.businessinsider.com\/joe-biden-elon-musk-feud-tesla-union-republican-06-2022?utm_medium=referral&#038;utm_source=yahoo.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:sparred verbally;elm:context_link;itc:0;sec:content-canvas\"><span>sparred verbally<\/span><\/a><span> since Biden took office in 2021.<\/span><\/p>\n<p><span>In July the Tesla and SpaceX CEO said he once considered the Democrats to favor <\/span><a href=\"https:\/\/www.businessinsider.com\/elon-musk-explains-why-hes-voting-republican-party-2024-7?utm_medium=referral&#038;utm_source=yahoo.com\" rel=\"nofollow noopener\" target=\"_blank\"><span>meritocracy, &#8220;personal freedom&#8221; and &#8220;free speech<\/span><\/a><span>,&#8221; but now thought Republicans were &#8220;weirdly&#8221; more in line with those values.<\/span><\/p>\n<p>Diller also said he thought Musk, the world&#8217;s richest person, was not motivated by wealth but &#8220;a form of megalomania.&#8221;<\/p>\n<p>Diller, who cofounded the Fox TV network with Rupert Murdoch and once ran Paramount, is a major <a href=\"https:\/\/www.businessinsider.com\/democratic-megadonors-biden-drop-out-list-reed-hastings-abigail-disney-2024-7?utm_medium=referral&#038;utm_source=yahoo.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:donor to the Democratic Party;elm:context_link;itc:0;sec:content-canvas\">donor to the Democratic Party<\/a>.<\/p>\n<p>On the podcast, the IAC and Expedia chairman also spoke of his admiration for Musk, highlighting his intelligence and managerial ability.<\/p>\n<p>However, Diller added that Musk had a &#8220;capacious but often addled mind&#8221; \u2014 with his politicized statements hurting revenue at X, formerly Twitter.<\/p>\n<p>&#8220;He took over Twitter and alienated at least half the audience for no reason other than his own talking,&#8221; Diller said. &#8220;What hurt Twitter was his anti-advertising policies and statements that hurt Twitter&#8217;s economy.&#8221;<\/p>\n<p>The likes of Disney and Apple withdrew ads from the platform after Musk agreed with an <a href=\"https:\/\/www.businessinsider.com\/facebook-asana-cofounder-elon-musk-should-resign-endorsing-antisemitic-tweet-2023-11?utm_medium=referral&#038;utm_source=yahoo.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:antisemitic post;elm:context_link;itc:0;sec:content-canvas\">antisemitic post<\/a> last November. At The New York Times&#8217; DealBook Summit the same month, <a href=\"https:\/\/www.businessinsider.com\/elon-musk-tells-advertises-get-lost-twitter-dealbook-summit2023-11?utm_medium=referral&#038;utm_source=yahoo.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Musk told departing advertisers;elm:context_link;itc:0;sec:content-canvas\">Musk told departing advertisers<\/a> to &#8220;go fuck yourself.&#8221;<\/p>\n<p>This August, X filed <a href=\"https:\/\/www.businessinsider.com\/elon-musk-legal-list-tesla-x-spacex-court-cases-investigations?utm_medium=referral&#038;utm_source=yahoo.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:lawsuits;elm:context_link;itc:0;sec:content-canvas\">lawsuits<\/a> against several major advertisers, claiming that a boycott violated antitrust laws.<\/p>\n<p>Musk paid $44 billion to <a href=\"https:\/\/www.businessinsider.com\/elon-musk-twitter?utm_medium=referral&#038;utm_source=yahoo.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:take control of Twitter;elm:context_link;itc:0;sec:content-canvas\">take control of Twitter<\/a> in October 2022. It&#8217;s now worth less than $10 billion according to the value Fidelity assigned to its stake in the company, CNN reported last month.<\/p>\n<p>Shortly after the takeover, Diller said Musk had &#8220;<a href=\"https:\/\/www.businessinsider.com\/iac-chairman-barry-diller-elon-musk-bought-twitter-as-toy-2022-11?utm_medium=referral&#038;utm_source=yahoo.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:bought a toy;elm:context_link;itc:0;sec:content-canvas\">bought a toy<\/a>,&#8221; adding: &#8220;How long he will use it, like toys, we don&#8217;t really know, but he&#8217;s not going to walk away, I don&#8217;t think.&#8221;<\/p>\n<p>Diller is worth about $4.6 billion, per Forbes.<\/p>\n<p>X did not immediately respond to a request for comment from Business Insider.<\/p>\n<p>Read the original article on <a href=\"https:\/\/www.businessinsider.com\/elon-musk-backing-donald-trump-rejected-joe-biden-barry-diller-2024-10\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Business Insider;elm:context_link;itc:0;sec:content-canvas\">Business Insider<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Barry Diller suggested Elon Musk endorsed Donald Trump due to &#8220;rejection&#8221; by the Biden administration. He also told Michael Wolff&#8217;s podcast that Musk was motivated by &#8220;a form of megalomania.&#8221; The IAC and Expedia chairman criticized Musk for alienating X users. Barry Diller thinks Elon Musk is backing Donald Trump because he&#8217;s bitter about being<\/p>","protected":false},"author":1,"featured_media":2886,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2185],"tags":[],"class_list":["post-2885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trump-election-news"],"fifu_image_url":"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/WaGjNwpb6T_zqNXYnXJa6g--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD05MDA-\/https:\/\/media.zenfs.com\/en\/business_insider_articles_888\/6f9742422e320e4fe9e98a2db6e513ab","_links":{"self":[{"href":"https:\/\/nine9ja.com\/pa\/wp-json\/wp\/v2\/posts\/2885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nine9ja.com\/pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nine9ja.com\/pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nine9ja.com\/pa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nine9ja.com\/pa\/wp-json\/wp\/v2\/comments?post=2885"}],"version-history":[{"count":1,"href":"https:\/\/nine9ja.com\/pa\/wp-json\/wp\/v2\/posts\/2885\/revisions"}],"predecessor-version":[{"id":2890,"href":"https:\/\/nine9ja.com\/pa\/wp-json\/wp\/v2\/posts\/2885\/revisions\/2890"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nine9ja.com\/pa\/wp-json\/wp\/v2\/media\/2886"}],"wp:attachment":[{"href":"https:\/\/nine9ja.com\/pa\/wp-json\/wp\/v2\/media?parent=2885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nine9ja.com\/pa\/wp-json\/wp\/v2\/categories?post=2885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nine9ja.com\/pa\/wp-json\/wp\/v2\/tags?post=2885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}