An atheist might call Franklin Graham or Jerry Falwell a fraud, but the people who fill the stadiums and pews keep coming back, year after year, decade after decade, generation after generation. They are obviously getting something positive out of the experience.

Same with Musk and the stock market. At some point, victim-blaming may be the only rational explanation left. His followers are rubes falling for a fraud, yes, but it can hardly be considered involuntary or exploitative at this point. The rubes have become rich simply by sticking together under Musk's benevolent gaze, dominating financial discourse in the broader market. It will continue to work for them, right up until it doesn't.