Musk, who serves as Trump's DOGE czar, remains the richest man in the world, even after the tariffs' impacts; however, his estimated net worth has fallen by a hefty amount, tumbling from $323 billion on April 2 to $302 billion on April 6.

Tech executives had argued that backing Trump might improve U.S. regulatory reform and expand investments in AI

There’s a “parallel economy” of companies offering products and services to “a conservative user base that wants to align their money with their values,” says the CEO of conservative investing app Monorail.