Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI
Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group SFTBY -0.36% + Free Alerts SFTBF + Free Alerts has “well under $10B secured.”
Musk undermines Trump’s Stargate AI investment announcement, CNBC reports
Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge
What to Know About 'Stargate,' OpenAI's New Venture Announced by Trump
Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.
Musk casts doubt on Trump-backed Stargate project: 'They don't actually have the money'
Elon Musk has cast doubt on if there is enough funding to follow through on a massive $500 billion artificial intelligence infrastructure project announced by Trump on Tuesday.
Musk Pours Cold Water on Trump-Backed Stargate AI Project
Hours later, Elon Musk publicly questioned whether the joint venture would ever get off the ground.Musk wrote on X, his social-media platform, that two of the companies behind the project didn’t have enough capital to follow through on their pledges.
Elon Musk Questions Funding of Trump's Stargate AI Project: Live Updates
Trump is signing sweeping executive orders this week, targeting DEI programs, climate agreements, and border security. Follow Newsweek's live blog coverage.
Oppenheimer maintains Tesla stock Perform rating
In summary, Oppenheimer's latest comments on Tesla (NASDAQ:TSLA) reflect a cautious but watchful stance on the company's ...
Trump Open To Elon Musk Or Larry Ellison Buying TikTok: Calls US Permit Key To $1 Trillion Valuation
CEO Elon Musk or Oracle Corp. (NYSE:ORCL) Chairman Larry Ellison acquiring TikTok, marking a significant shift in the ...
Trump says he is open to Musk buying TikTok if Tesla CEO wants to do so
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla ...
Big Tech earnings are coming, and Trump will be top of mind for investors
In addition to Trump, you can guarantee that virtually every tech company will mention AI revenue and spending. According to Jefferies analyst Brent Thill, Microsoft should report improved AI ...
ByteDance board member Ford says exploring options for TikTok without selling U.S. operations
ByteDance (BDNCE) board member Bill Ford said the TikTok parent is exploring a deal to keep the short video app running in America without selling its operations there.
Dow Jones Today: Stock Futures Point to Mixed Open After Three Days of Strong Gains
Stock futures are mixed Thursday morning as the market takes a breather from a rally that has pushed major indexes back near record high levels.
ByteDance Scrambles to Save TikTok as Trump's Deadline Nears
TikTok's future remains uncertain as ByteDance weighs options, while high-profile investors consider potential bids.
Tesla Earnings: The Four Keys That Could Move The Stock As It Has Slowed Down In 2025
Tesla reports fourth-quarter earnings and revenue next week and while the EV giant's profit and delivery guidance will be important for investors, so too are several key timelines for products Chief ...