Elon Musk Criticizes $500 Billion Stargate Project Backed by Trump
Elon Musk criticized the $500 billion Stargate Project, a collaboration between OpenAI, SoftBank, and Oracle, aimed at enhancing AI infrastructure in the U.S. Musk doubts its financial viability, claiming insufficient funds from SoftBank, despite major tech support. His skepticism raises concerns about the project's feasibility and highlights tensions in tech innovation strategies.
hassan benyoub 
Elon Musk has openly criticized the recently announced $500 billion Stargate Project, a collaboration between OpenAI, SoftBank, and Oracle, aimed at developing AI infrastructure in the United States. The project was unveiled by President Donald Trump as part of his administration's strategy to enhance technology initiatives.
Musk, who co-founded OpenAI in 2015 but has since distanced himself from the organization, expressed doubts about the project's financial viability. In a post on his social media platform X (formerly Twitter), he remarked, “They don’t actually have the money,” implying that the coalition may lack adequate funding to realize its ambitious goals. This skepticism comes despite the project's support from major tech companies like NVIDIA and Arm, which are expected to play crucial roles in its execution.
The Stargate Project aims to invest $500 billion over four years, with an immediate allocation of $100 billion intended to create hundreds of thousands of jobs and bolster national security through advanced AI capabilities. However, Musk's comments have raised concerns about the feasibility of such a large-scale initiative, particularly given his claim that SoftBank has "well under $10 billion" secured for the project.
This criticism signifies a notable rift between Musk and Trump, as Musk has been a vocal supporter of the Republican party and Trump's previous campaigns. The launch of the Stargate Project is viewed as a significant effort to position the U.S. as a leader in AI technology; however, Musk's skepticism highlights ongoing tensions within the tech community regarding funding and operational strategies for AI development.
As construction for the Stargate Project commences in Texas, industry analysts and observers are closely watching its progress amid Musk's criticisms and the competitive landscape of AI innovation. The outcome of this ambitious initiative could have far-reaching implications for the future of technology in America.
