{"id":658449,"date":"2026-10-27T09:40:36","date_gmt":"2026-10-27T09:40:36","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/658449\/"},"modified":"2026-10-27T09:40:36","modified_gmt":"2026-10-27T09:40:36","slug":"the-greatest-capitalist-in-history-a-review-of-alex-gibneys-musk","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/658449\/","title":{"rendered":"\u2018The Greatest Capitalist In History\u2019? A Review of Alex Gibney\u2019s \u2018Musk\u2019"},"content":{"rendered":"<p><img alt=\" \" loading=\"lazy\" width=\"1024\" height=\"576\" decoding=\"async\" data-nimg=\"1\" style=\"color:transparent;aspect-ratio:1.7777777777777777;width:100%;height:auto\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/10\/b994d25963119cf435a73fd83df5420333545543-1200x675.png\"\/><\/p>\n<p>Tesla and SpaceX CEO Elon Musk receives the National Medal of Science from US President Donald Trump during the Golden Age of American Innovation Summit at the Institute of Peace on October 08, 2026 in Washington, DC. (Photo by Win McNamee\/Getty Images)<\/p>\n<p>Early in Alex Gibney\u2019s new documentary, \u201c<a href=\"https:\/\/www.youtube.com\/watch?v=FFTf1lzcs28\" target=\"_blank\" rel=\"noopener nofollow\">Musk<\/a>,\u201d the Silicon Valley mogul is introduced to a MAGA rally as \u201cthe greatest capitalist in history.\u201d<\/p>\n<p>However one regards Elon Musk \u2014 electric vehicle and space pioneer, <a href=\"https:\/\/www.wsj.com\/business\/elon-musk-illegal-drugs-e826a9e1\" target=\"_blank\" rel=\"noopener nofollow\">drug-addled<\/a> chaos agent, fascist enabler, megalomaniac, all of the above \u2014 this movie makes a convincing case that he is not a \u201cgreat capitalist,\u201d let alone the greatest ever. On the business front, he has combined an uncanny ability to hoover up government subsidies and contracts with a P.T. Barnum-level talent for hucksterism. From this mixture, he built an historic fortune based on the value of the stock of one company, Tesla. A master of the free market or an exemplar of rugged individualism, Musk is not.<\/p>\n<p>He is powerful, though, as the Gibney documentary also demonstrates. Musk has used a small fraction of his now <a href=\"https:\/\/www.forbes.com\/sites\/fionariley\/2026\/10\/21\/elon-musk-reclaims-trillionaire-status-after-gaining-94-billion-on-spacex-tesla-jump\/\" target=\"_blank\" rel=\"noopener nofollow\">roughly trillion-dollar fortune<\/a> to become the single most influential political financier of his generation \u2014 more specifically, the single most important underwriter of Donald Trump and the MAGA movement. This financing, in turn, bought him unique, if brief, access to direct political power early in the second Trump administration \u2014 the DOGE episode \u2014 which Musk used to cripple or destroy several federal agencies, including those with the authority to investigate and regulate his companies Tesla and SpaceX. When it comes to artificial intelligence, the hottest button in tech policy at the moment, Musk\u2019s ambitions are inscrutable, but there is no reason to assume they are benign. Just one illustration: his Grok chatbot\u2019s <a href=\"https:\/\/www.bbc.com\/news\/articles\/c4g8r34nxeno\" target=\"_blank\" rel=\"noopener nofollow\">affection for Hitler<\/a>.<\/p>\n<p>Simultaneously, he has exploited the deterioration of the US government-led space program to transform SpaceX into the world\u2019s dominant satellite-launching operation. This has made him the private citizen with the most influence over American foreign policy, now and probably ever. Repeatedly, he has <a href=\"https:\/\/www.wsj.com\/world\/ukraine-starlink-elon-musk-trump-dbc49193?mod=hp_lead_pos1&amp;utm_source=substack&amp;utm_medium=email\" target=\"_blank\" rel=\"noopener nofollow\">interfered<\/a> with Ukraine\u2019s drone defenses in its war against Russia, a conflict that could determine the balance of power throughout Europe. Responding to the prospect of Democrats retaking control of Congress in the November 3 midterms and launching investigations of his role in Ukraine, among other matters, Musk in late October <a href=\"https:\/\/www.afp.com\/en\/musk-threatens-democrats-teeing-congressional-probes\" target=\"_blank\" rel=\"noopener nofollow\">threatened<\/a> to \u201ccome for\u201d those \u201cwho pick fights with me.\u201d<\/p>\n<p>So, Gibney\u2019s \u201cMusk\u201d is timely; its subject, consequential. In the 2025-26 midterm election cycle, he is once again MAGA\u2019s lead financier, <a href=\"https:\/\/www.politico.com\/live-updates\/2026\/10\/22\/congress\/more-musk-money-01133454\" target=\"_blank\" rel=\"noopener nofollow\">ponying up<\/a> an astounding $442 million for Republican candidates \u2014 that we know about. In the dark money era, such estimates are suspect and likely on the low side. It matters urgently what the man says, does, and thinks.<\/p>\n<p>Musk, for what it\u2019s worth, did not enjoy \u201cMusk.\u201d On his social media platform, X, he <a href=\"https:\/\/x.com\/elonmusk\/status\/2097568822236725304?s=20\" target=\"_blank\" rel=\"noopener nofollow\">wrote<\/a>: \u201cGibney just assembled a hit list of people who either have an axe to grind or don\u2019t even know me (but still have an axe to grind). He has ZERO integrity. Horrible human.\u201d<\/p>\n<p>Here, I\u2019m going to offer a micro-review of \u201cMusk,\u201d followed by a brief discussion of some of the personal issues the movie raises, and then an analysis of several of the more important aspects of Musk\u2019s role in business and politics.<\/p>\n<p>Bloated, \u201ctraumatizing,\u201d but also instructive<\/p>\n<p>Gibney won an Academy Award for \u201c<a href=\"https:\/\/www.imdb.com\/title\/tt0854678\/\" target=\"_blank\" rel=\"noopener nofollow\">Taxi to the Dark Side<\/a>,\u201d a 2007 documentary about US interrogation and torture practices in Afghanistan, and has directed many other excellent nonfiction films. With \u201cMusk,\u201d sadly, he got carried away. It\u2019s nearly four hours long and feels longer. Bloated and repetitive, it lacks a fresh interview of Musk, who refused to cooperate, and instead relies on numerous \u201ccomments\u201d from a creepy AI-generated version of Musk. On top of that, Gibney has interwoven actual archival footage and contemporary interviews with jangly video game imagery meant to suggest Musk\u2019s manic behavior and thinking. The movie \u201cis traumatizing because he is a traumatizing figure,\u201d Gibney has <a href=\"https:\/\/slate.com\/technology\/2026\/10\/elon-musk-movie-alex-gibney-documentary-streaming-interview.html?utm_source=google&amp;utm_medium=cpc&amp;utm_campaign=tfd_dsa&amp;tpcc=google-cpc-tfd_dsa&amp;utm_source=google&amp;utm_medium=cpc&amp;gad_source=1&amp;gad_campaignid=24346579101&amp;gbraid=0AAAAAC9X_m95OQ9pSLFu9SWKQ2ImpfldX&amp;gclid=CjwKCAjwi-zWBhAdEiwAqlRf-Hv1SXCTDR171rsfF3-jlIBuoO9yOA7w4LPx2dkmbGxXMRo9jbNrghoCw34QAvD_BwE\" target=\"_blank\" rel=\"noopener nofollow\">explained<\/a>. \u201cIn certain narrative, thematic, and formal ways, I\u2019m trying to put ourselves inside his head.\u201d Fair enough, but a lot less of these theatrics would still have gone a long way.<\/p>\n<p>Despite these flaws, Gibney\u2019s film contributes to our understanding of its subject. \u201cMusk\u201d offers an instructive portrait of a deeply unsettling figure with the ability to impose his warped ideas on US society and the world at large. The juxtaposition of his shady business practices, increasingly fascistic political agenda, and personal weirdness underscores just how dangerous he has become. Gibney provides a service merely by compiling decades\u2019 worth of Musk snickering through podcasts, hopping around on various political stages, and, in one instance, shooting <a href=\"https:\/\/www.youtube.com\/watch?v=-VfYjPzj1Xw\" target=\"_blank\" rel=\"noopener nofollow\">straight-arm Nazi-esque salutes<\/a> at a 2025 Trump rally.<\/p>\n<p>Among the filmmaker\u2019s most intriguing interviewees are mothers of some of Musk\u2019s children, women who testify to his capacity for personal cruelty, narcissism, and dishonesty. These aren\u2019t necessarily the traits that have the broadest public policy implications, but they do shed light on Musk\u2019s psychology and character.<\/p>\n<p>Justine Wilson, who was married to him from 2000 to 2008, eloquently describes his nonstop histrionic manner and the devastating way he declared one of their six children \u201cdead\u201d \u2014 \u201c<a href=\"https:\/\/thetexan.news\/issues\/social-issues-life-family\/elon-musk-says-his-transgender-son-was-killed-by-woke-mind-virus\/article_b7998dd0-491b-11ef-b7a4-5756d704ce80.html\" target=\"_blank\" rel=\"noopener nofollow\">killed by the woke mind-virus<\/a>\u201d \u2014 after she transitioned to being a woman. To Wilson, it\u2019s a doubly painful description; another of their children literally died in infancy. Musk has claimed he was holding the baby and \u201cfelt his last heartbeat.\u201d Wilson <a href=\"https:\/\/x.com\/justinemusk\/status\/1595506087570333696?s=20\" target=\"_blank\" rel=\"noopener nofollow\">says that\u2019s not true<\/a>; she was holding the child when he died. Throughout his life and career, the documentary shows, Musk has taken credit he hasn\u2019t deserved.<\/p>\n<p><a href=\"http:\/\/www.apple.com\" target=\"_blank\" rel=\"noopener nofollow\">Ashley St. Clair<\/a>, a former right-wing influencer and mother of another child with Musk, speaks about his unusual proclivity for procreation \u2014 there are 14 publicly known Musk offspring \u2014 which apparently is <a href=\"https:\/\/www.vanityfair.com\/news\/story\/elon-musks-children-ashley-st-clair?srsltid=AYCX9vJwqMmN66TQ_nMNAcS6yqlTTE8E0wvfmphWWXrKfLEbFcxZopr3\" target=\"_blank\" rel=\"noopener nofollow\">tied<\/a> to his anxiety about existential threats to the future of humankind. St. Clair says that he once told her that they should have a \u201clegion of children before the civil war.\u201d<\/p>\n<p>Another piece of the psychological puzzle comes from Musk\u2019s father, Errol, who tells Gibney about how his son was bullied and beaten up as a boy in their racially polarized homeland of South Africa. Errol also blandly recounts how he once shot and killed three Black intruders, watching them slowly bleed to death. How all of this fits together, Gibney doesn\u2019t explain, perhaps wisely, as a unified diagnosis may be impossible.<\/p>\n<p>Profits with help from the government<\/p>\n<p>After an intermission, the second half of the documentary shifts to Musk\u2019s career and political role. In this realm, Gibney illustrates that Musk\u2019s talent lies in identifying ways to profit from government infrastructure and anticipating public policy shifts, ranging from the privatization of national security in the wake of 9\/11 to subsidies for \u201cgreen\u201d industry during the same time frame. In their 2026 book, Muskism: A Guide for the Perplexed, which I <a href=\"https:\/\/www.techpolicy.press\/thinking-about-the-tech-fascists-and-what-to-do-about-them\/\" target=\"_blank\" rel=\"noopener nofollow\">reviewed<\/a> recently for Tech Policy Press, authors Quinn Slobodian and Ben Tarnoff note that \u201cMusk has always had an instinct for putting his entrepreneurial energies into sectors that could benefit from the munificence of Uncle Sam.\u201d<\/p>\n<p>Our content delivered to your inbox.<\/p>\n<p>Join our newsletter on issues and ideas at the intersection of tech &amp; democracy<\/p>\n<p>Thank you!<\/p>\n<p style=\"text-align:center\">You have successfully joined our subscriber list.<\/p>\n<p>Late-1990s directory and financial-services businesses Musk started and sold relied heavily on publicly funded internet infrastructure available to dot-com founders at no cost. His first two companies never made a profit, but he cashed out for a total of more than $200 million based on frothy expectations of future growth. With that initial haul, he started SpaceX and invested in Tesla, which he later took over, claiming disingenuously to be the EV company\u2019s \u201cfounder.\u201d<\/p>\n<p>While Gibney questions whether his subject is really the \u201cengineer\u201d he claims to be \u2014 as opposed to a marketer and big-picture guy, roughly on the model of Steve Jobs at Apple \u2014 the filmmaker acknowledges that Musk helped spur the electric vehicle market and accomplished space breakthroughs like deployment of reusable rockets. As a cash-strapped NASA atrophied, SpaceX effectively became the American space program, by 2025, accounting for <a href=\"https:\/\/sqmagazine.co.uk\/spacex-statistics\/\" target=\"_blank\" rel=\"noopener nofollow\">85% of all orbital launches<\/a> in the US and more than half of all launches globally.<\/p>\n<p>Musk did this with taxpayer dollars. Both SpaceX and Tesla <a href=\"https:\/\/edition.cnn.com\/2026\/06\/13\/business\/musk-trillionaire-government-tesla-spacex\" target=\"_blank\" rel=\"noopener nofollow\">wobbled on the edge of failure<\/a> in the 2000s and survived only as a result of an array of government grants, credits, and other assistance. The federal government awarded SpaceX more than $500 million in grants in its early years. When the company was still almost out of cash in 2008, it received a then-unprecedented $1.6 billion contract from NASA.<\/p>\n<p>For its part, Tesla had sold fewer than 2,000 cars by January 2010. Then it <a href=\"https:\/\/edition.cnn.com\/2026\/06\/13\/business\/musk-trillionaire-government-tesla-spacex\" target=\"_blank\" rel=\"noopener nofollow\">received<\/a> a whopping $465 million low-interest loan from the Department of Energy, which was crucial to the development of its first major success, the Model S sedan. Tesla survived to launch an IPO and paid back the loan with proceeds from an additional sale of stock. In another example of government largesse, a $7,500 tax credit for EV buyers allowed Tesla and other car makers to sell US-made electric vehicles at higher prices than otherwise would have been feasible; these credits totaled some $3.4 billion by the time the perk ended in 2019. Yet another program allowed Tesla to sell \u201cemission credits\u201d to non-EV car makers that accounted for nearly 25% of Tesla\u2019s revenue in 2008. It wasn\u2019t until 2021 that Tesla was able to <a href=\"https:\/\/www.cnn.com\/2021\/07\/26\/business\/tesla-earnings-record-quarter\/index.html\" target=\"_blank\" rel=\"noopener nofollow\">post a profit<\/a> without the boost from green credit sales.<\/p>\n<p>Propping up the nascent EV industry and privatizing US space endeavors may or may not have been wise public policy choices. But without these government initiatives, Gibney convincingly argues, Elon Musk likely wouldn\u2019t be anywhere close to as rich as he became.<\/p>\n<p>The extent of that wealth depends on Tesla\u2019s stock price, and Gibney alleges that Musk has goosed the value of his shares by misleading the public about the cars\u2019 <a href=\"https:\/\/www.reuters.com\/investigates\/special-report\/tesla-batteries-range\/\" target=\"_blank\" rel=\"noopener nofollow\">range<\/a>, the feasibility of a long-defunct <a href=\"https:\/\/autos.yahoo.com\/teslas-battery-swapping-plan-mere-shadow-promise-once-190549159.html\" target=\"_blank\" rel=\"noopener nofollow\">battery-swapping program<\/a>, and the <a href=\"https:\/\/www.cbsnews.com\/news\/tesla-fsd-nhtsa-investigation-traffic-violations\/\" target=\"_blank\" rel=\"noopener nofollow\">safety<\/a> of self-driving features. Like the government subsidies, none of these constitute revelations original to \u201cMusk,\u201d but the movie consolidates them in a way that demythologizes the supposedly \u201cgreatest capitalist in history.\u201d<\/p>\n<p>What may be fresh insight for some viewers is Gibney\u2019s point that Musk\u2019s depredations under the banner of DOGE did far more than destroy the US Agency for International Development and, by some estimates, <a href=\"https:\/\/www.newyorker.com\/news\/the-new-yorker-interview\/the-human-cost-of-doges-war-on-usaid?_sp=2780881e-eba8-4712-9e79-8ddeef49df08.1792766510577.d4759e35-2851-4327-9eec-76c4b2fbdb40\" target=\"_blank\" rel=\"noopener nofollow\">endanger<\/a> the health and lives of hundreds of thousands of aid recipients around the world. By haphazardly slashing budgets and firing or otherwise causing the departure of <a href=\"https:\/\/www.motherjones.com\/politics\/2026\/07\/trump-doge-elon-musk-fired-federal-workers-civil-servants-recovery-struggling-mental-health\/\" target=\"_blank\" rel=\"noopener nofollow\">more than 300,000 career civil servants<\/a>, DOGE severely <a href=\"https:\/\/www.latimes.com\/business\/story\/2025-03-27\/elon-musk-trump-doge-conflicts-of-interest\" target=\"_blank\" rel=\"noopener nofollow\">weakened<\/a> a range of other agencies charged with regulating Musk\u2019s business activities. These include the National Highway Safety Administration, Federal Aviation Administration, Securities and Exchange Commission, Environmental Protection Agency, National Labor Relations Board, and Equal Employment Opportunity Commission. Viewed from this perspective, Musk\u2019s spending so much on the midterms to try to keep Congress under Republican control appears to be a campaign to preserve the misdeeds of DOGE.<\/p>\n<p>A mogul\u2019s foreign policy<\/p>\n<p>The scariest of Musk\u2019s exertions of influence is seen in his attempt to tilt the war over Ukraine in Russia\u2019s favor. \u201cMusk\u201d explains how he became the dominant global satellite launcher, and recent <a href=\"https:\/\/www.wsj.com\/world\/ukraine-starlink-elon-musk-trump-dbc49193?mod=hp_lead_pos1&amp;utm_source=substack&amp;utm_medium=email\" target=\"_blank\" rel=\"noopener nofollow\">reporting<\/a> by The Wall Street Journal and others has revealed that Musk \u201cordered the slowdown of a military-grade version of Starlink [one of his satellite-based networks] relied on by Ukraine, a decision that sparked panic in Kyiv and confusion inside the Trump administration.\u201d<\/p>\n<p>Leaving aside the ambiguities still surrounding the precise balance of power between the US president and his chief financier, Trump and Musk have both sided with Russian ruler Vladimir Putin and criticized Ukraine for attacking Russian oil refining capacity.<\/p>\n<p>Gibney doesn\u2019t clarify what drives Musk\u2019s foreign policy stance beyond his affinity for illiberal forces ranging from Putin\u2019s autocracy to <a href=\"https:\/\/www.pbs.org\/newshour\/world\/musks-backing-of-far-right-afd-party-creates-uproar-in-germany-ahead-of-key-elections\" target=\"_blank\" rel=\"noopener nofollow\">right-wing political movements in Germany<\/a>, the <a href=\"https:\/\/www.foxnews.com\/world\/elon-musk-wades-back-uk-politics-backs-leader-new-right-wing-party-mocks-rival\" target=\"_blank\" rel=\"noopener nofollow\">UK<\/a>, and elsewhere. On this question, it helps to recall Musk\u2019s roots in apartheid South Africa, which may help explain his animosity toward practically everyone outside of his Caucasian, European-descended, technology-gated ecosystem. \u201cIf tolerance means the end of Western Civilization,\u201d he posted to his 225 million X followers in August 2025, \u201cthen we cannot be tolerant.\u201d<\/p>\n<p>The authors of Muskism offer what might be the best theory on how to understand the mogul\u2019s overall agenda. He thinks he can cajole or pressure everyone to do business with him and boost his power and bottom line. The pitch, they write, is that \u201cin an increasingly unstable world, both states and individuals can fortify their self-reliance by plugging into [Musk\u2019s] infrastructures.\u201d<\/p>\n<p>That\u2019s not a brave new world where I, for one, want to live.<\/p>\n","protected":false},"excerpt":{"rendered":"Tesla and SpaceX CEO Elon Musk receives the National Medal of Science from US President Donald Trump during&hellip;\n","protected":false},"author":2,"featured_media":658450,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[146,85,46,397],"class_list":["post-658449","post","type-post","status-publish","format-standard","has-post-thumbnail","category-movies","tag-entertainment","tag-il","tag-israel","tag-movies"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/658449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=658449"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/658449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/658450"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=658449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=658449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=658449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}