Elon Musk cast doubt on Trump’s $100 billion Stargate AI announcement

Elon Musk is casting doubt on President Trump’s first major tech investment announcement, openly questioning the administration he currently serves.

On Tuesday, Mr. Trump announced a partnership between OpenAI, SoftBank and Oracle to create at least $100 billion in computing infrastructure for artificial intelligence, some of which is already underway.

But in a twenty-night message on X, Mr. Musk said that the company, called Stargate, does not have the funding to reach the level of investment promised.

“They don’t have money,” Mr. Musk wrote in response to an OpenAI article about the announcement.

The firing of Mr. Musk, who is one of Mr. Trump’s closest advisers and will lead an agency created to cut the nation’s budget, was one of his first public breaks from the administration. It is also unusual for a senior political official to question the president’s proposed actions.

Mr. Trump announced the AI ​​announcement as an early trophy, taking credit for the company’s decision to spend up to $500 billion on data centers, which are large buildings filled with servers that provide computing power. Mr. Trump has promised to remove legal barriers to the development of AI and make the United States the world leader in the technology, beating China.

Stargate already has $100 billion in assets, two people familiar with the company said. SoftBank, OpenAI, Oracle and MGX, an investment group in the United Arab Emirates that focuses on AI, provided the funding.

Mr. Musk clashed with OpenAI’s chief executive, Sam Altman. mr. Musk, who helped found the company, sued OpenAI and Mr. Altman for antitrust violations.

Mr. went to X Wednesday morning. Altman to counter Mr. Musk.

“Wrong, as you well know,” Mr. Altman wrote. “Want to visit the first live site?”