Billionaire tech CEO and government adviser Elon Musk raised doubts about the feasibility of United States President Donald Trump’s newly announced artificial intelligence initiative, “Stargate,” just hours after its unveiling.
The initiative, introduced by Trump on Tuesday, aims to invest $500 billion over four years to develop AI infrastructure across the United States. However, Musk, known for his outspoken opinions, expressed scepticism about the project’s financial viability.
“They don’t actually have the money,” Musk said in a post on X, the social media platform he owns, responding to the announcement.
Musk’s criticism is particularly striking given his close ties to the Trump administration. He has been an outspoken supporter of the president and played a visible role during Trump’s inauguration events.
The Stargate initiative is a collaborative effort involving OpenAI—an AI research company Musk co-founded before parting ways with CEO Sam Altman—SoftBank, and Oracle. Despite Musk’s departure from OpenAI, the company remains a leading player in artificial intelligence research.
The White House has not responded to Musk’s remarks, and it remains unclear how the Stargate initiative plans to secure the significant funding required to meet its ambitious goals.