Yes, in the sense that this election is mainly driven by perceptions about leftist globalist elites, mistrust, the 'build back better', 'you'll own nothing and be happy' type/Bill Gates buying farms to control our food, new forms of censorship, etc, vibe - just a chilling high-tech dystopia - at the very least existing in the minds and fears of many people.
So in response to this perception the right got themselves some billionaires, Trump, Musk and co and big influencers on their side. It's now our elites versus your elites; our billionaires vs your billionaires; and a perceived battle of nationalism vs globalism.
I go back far enough to know when football first became 'my multimillionaire owner versus your multimillionaire owner'. I don't know if it's a great analogy but it feels as though there was a globalist switch over with football - and coincided with my not renewing my season ticket anymore.