Elon Musk has raised doubts about US President Donald Trump’s first major technology investment announcement, openly questioning the administration he is now part of.
On Tuesday (21), between OpenAI, SoftBank and Oracle to create at least US$100 billion in computing infrastructure to boost artificial intelligence in the United States.
In two messages posted on X, Musk stated that the joint venture, called Stargate, did not have the necessary financing to achieve promised investment levels.
“They don’t have the money,” Musk wrote in response to an OpenAI post about the announcement. “SoftBank has well under $10 billion guaranteed. I have this information from a good source.”
OpenAI CEO Altman also took to X to refute Musk’s claims. “Wrong, as you certainly know,” he wrote. “Do you want to come and visit the first work that is already underway?”
The criticism from Musk, one of Trump’s closest advisors and leader of an agency created to cut the public budget, is one of his first public disagreements with the new government.
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Trump celebrated the announcement, taking credit for companies’ decision to spend up to $500 billion on building data centers. The president also promised to eliminate regulatory obstacles to the development of AI and make the United States a global leader in the technology, surpassing China.
According to the newspaper The New York TimesStargate already has $100 billion on hand. SoftBank, OpenAI, Oracle and MGX, an investment group in the UAE that focuses on AI, provided the financing.
Musk and OpenAI CEO Sam Altman are currently involved in a legal dispute. The owner of Tesla, who helped found the company that created ChatGPT, sued OpenAI and Altman in 2024 for allegedly violating competition laws.
