It is that but it's also the opposite of that at the same time — he wants big businesses to own things but he thinks the government should have a cut. It's the state as protection racket.

He's argued for it for a long time, now he's actually doing it through state thuggishness, but his enthusiasm for it makes him vulnerable to lobbying from Sam Altman and OpenAI, who would actually benefit, and appear to have softened him up on the idea that the USA should have a 5% share of OpenAI.

(OpenAI's 5% gambit, I think, is because they'd prefer he asks for 10%, and reckon he'll try to get one over on them by pushing for that)

Sometimes things look clearer from the distance.