> the question will be, after four years, will they abdicate their power or concentrate it?

Musk, Thiel, and their friends clearly intend to consolidate power, and the people they associate with openly advocate for the creation of independent corporate fiefdoms with authoritarian control over society. There is no doubt at this point. These are not good people. They are oligarchs. They are the bitter nerds that just want power for themselves so they can be the bullies.