We do not know for sure. But couple things are clear. Once you have money - you have the power. Meaning you can express your opinion with less fucks given. They probably associate trans people with sexual perversion. Where a man becomes a woman and then goes to womens bathrooms or sucks other men dicks and some probably do have sex without ever getting pregnant and bringing another slave into capitalism. I think transition from women to men could be seen with less stigma and reasons for transitioners could differ. But again think if you had children and kindergarten teacher is some dude who become a woman but probably still has penis and manโs brain and you leave your little one with them for a few years to grow and develop. I dont know i dont know.. ๐ problem is trans associated with sexual perversion and normal people are usually not comfortable with that.
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Most people agree with the ultrarich on this issue (at least initially, before social media insanity), but only the ultrarich can afford making arbitrary people hate them without any good reason. That's why it looks like only the billionaires are doing it.
Then they go to Twitter with these opinions and go insane and the whole thing enters a neverending tailspin.
Elon is slightly different insofar that one of his own kids is trans. So that's not entirely due to Twitter, but there's also some lived experience at the bottom of it all (I assume here that he spent time with said child).