Over 60 million people tuned in as Musk hosted a campaign rally for Trump
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Over 60 million people tuned in as Musk hosted a campaign rally for Trump
A meme coin with a 20-minute lifespan emerged from a conversation lasting over two hours.
Navigating Web3 tides with focused insightsCompiled by: BlockBeats
This morning, Musk held a two-hour Space conversation with former U.S. President Donald Trump on X. The X interface showed up to 1.2 million people online simultaneously, while Musk claimed over 60 million listeners tuned in—the platform has limitations in displaying actual concurrent listener counts.
During the discussion, due to Musk habitually responding to Trump with "yeah," a newly launched meme coin named YEAH surged past a $2 million market cap within 20 minutes, though it quickly declined afterward.
In this Space session, Musk first explained that X had suffered a massive server network attack, then shifted to discussing topics ranging from the attempted assassination of Trump, illegal immigration, border security, economic challenges, and global security issues. While cryptocurrency industry development was not mentioned, they did emphasize the need for the current U.S. administration to place greater focus on the artificial intelligence sector. Below is a brief summary of key points from the conversation by BlockBeats:
Trump on the Assassination Attempt
Trump gave a detailed account of the failed assassination attempt he experienced, describing it as both unpleasant and surreal. He sustained an ear injury with significant bleeding, but under the circumstances, the outcome was the best possible. A chart about illegal immigrants saved his life—when the shot was fired, he had turned his head toward the chart, which was unusually placed on the right side at the beginning of his speech instead of being reserved for the conclusion. This accidental positioning helped him avoid a fatal hit.
A Secret Service sniper killed the shooter from approximately 400 yards away. However, poor coordination between local police and security forces allowed the gunman to access the rooftop, creating a serious security vulnerability. Despite this, the Secret Service acted bravely; one agent jumped onto Trump to shield him during the crisis, ensuring his safety. Notably, the crowd remained calm without stampedes or chaos—a rare occurrence in such incidents.
Immigration Issues
Trump stated that during his presidency, illegal immigration reached historic lows thanks to effective policies like "Remain in Mexico" and releasing individuals after apprehension in Mexico. However, these policies were later repealed by the current administration, leading to a surge in illegal immigration and posing threats to national security. He stressed the importance of supporting legal immigration while closing illegal pathways, criticizing the current government's weak stance on border security and its allowance of unchecked illegal immigrants entering the U.S., contributing to rising crime rates. Trump also claimed countries like Venezuela are deliberately sending criminals to the U.S. to alleviate domestic criminal burdens.
Through firsthand observation at Eagle Pass, Texas, Trump witnessed large numbers of migrants crossing the border, many of whom appeared unfriendly and came from all around the world—not just Mexico. He warned that open borders could lead to an influx of 50 to 60 million migrants, which would be unsustainable for the United States.
To tackle illegal immigration, Trump announced plans for the largest deportation operation in American history, stating certain nations are actively sending unproductive populations and criminals into the U.S. He further criticized the incompetence of current Democratic leaders, arguing their failure to effectively deter global dictators has led to widespread international instability. Trump emphasized that maintaining good relations with world leaders such as Putin and Kim Jong-un is crucial for global stability.
U.S. Economic Challenges
Trump said the U.S. currently faces severe economic difficulties, including significantly increased inflation and sharply rising energy prices, making daily living expenses unaffordable for many families. He attributed these problems to current government policies, particularly what he called unsustainable energy policies that have worsened the economic situation.
On defense and government efficiency, Trump highlighted his military rebuilding efforts during his term, calling it essential for national security. He noted having personally negotiated a $1.6 billion reduction in Air Force One costs and advocated establishing a government efficiency committee to ensure responsible use of taxpayer funds. He criticized excessive spending and lack of intelligent regulation under the current administration, identifying them as primary drivers of inflation.
Trump proposed several countermeasures, including boosting oil production to reduce energy prices, and warned that the current administration is unprepared for the growing energy demands brought by AI advancements. He also called for continued deregulation, elimination of unnecessary rules, and education reform by transferring control of education back to individual states to improve quality and efficiency—steps he believes are vital for economic recovery.
Energy Issues
Trump addressed climate change with a moderate stance, advocating sustainable energy development without demonizing the oil and gas industries, while acknowledging the ongoing necessity of fossil fuels. He argued nuclear energy has been underestimated as a safe power source and deserves reconsideration, although nuclear proliferation remains a major concern requiring strong leadership to prevent. Regarding the Fukushima nuclear incident, Trump said concerns about nuclear safety in California have been exaggerated, and mentioned donating a solar-powered water treatment system to Fukushima to support improved nuclear safety measures.
The Current Administration
Trump criticized the current administration across multiple areas. He accused the Biden administration of unprecedented political persecution through legal actions and local prosecutors, expressed concern over Biden’s physical and mental health, and criticized Kamala Harris for her far-left policies and track record. He also claimed the EU takes advantage of the U.S. in trade, pointed out America bears a disproportionate burden in NATO, and raised questions about Ukraine’s situation and U.S. financial contributions.
On technological advancement, Trump mentioned potential projects such as lunar bases, Mars missions, and high-speed urban transit links, highlighting progress in Las Vegas tunnel projects and emphasizing the need for advanced transportation systems. He discussed regulatory reform, criticizing the FDA's slow drug approval process and highlighting the success of "right-to-try" legislation.
Trump also criticized current U.S. safety and crime conditions, blaming civil unrest and immigrant-related crimes for public insecurity. He pointed out that violent offenders are often released without bail, while he himself faces prosecution. He believes this injustice is causing businesses to leave New York.
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