Sounds like a branch of the Technocracy movement which Musks grandfather helped found.
https://en.wikipedia.org/wiki/Joshua_N._Haldeman
"The technocracy movement proposed replacing partisan politicians and business people with scientists and engineers who had the technical expertise to manage the economy"
Whoa whoa whoa. I don't think it's at all fair trying to throw Technocracy under the bus. The guilt by association doesn't look great! But Technocracy was interesting. It had some hopes & values, and it wanted people thinking and working materially, scientifically, having a perception of the world better than just money. It had some real neat idea. Wild & absurd? Yes that too. But I don't enjoy the casual drive by shoot down!