It certainly seems so. They thought the annoying consumer protection, environmental and safety regulations will go. They thought they will be able to defraud more and with inpunity. That there will ve more corruption and they will venefit from it.
Stock Market went up after Teump being elected, because the above allows for short term enrichment and they know it.
Plus, quite a few support project 2025, Musks conpanies cant work without him being in goverment, plus quite a few (including Musk) are genuine far right.