Andrew Ross Sorkin Compares 1920s Financier John Raskob To Elon Musk
Andrew Ross Sorkin · Andrew Ross Sorkin on Why 1929 is Happening Again · Oct 15, 2025 · at 6:47
Financial journalist Andrew Ross Sorkin draws historical parallels between modern figures and early 20th-century industrialists in his book on the 1929 market crash.
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“John Raskob is Elon Musk. I mean, I got to tell you, John Raskob Created credited General Motors became a amazing investor, then takes all of his winnings, decides to get into politics, a little Elon-like decides to back Al Smith against President Hoover. By the way, loses, then decides to spend his money to almost undermine Hoover's reputation.”
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