Elon Musk Mocks Trump's $500B AI Infrastructure Plan Hours After Announcement: 'They Don't Actually Have the Money'

Elon Musk criticized the ambitious $500 billion Stargate Project unveiled at the White House, claiming the coalition led by OpenAI, SoftBank and Oracle lacks the necessary funding to fulfill its promises of revolutionary AI infrastructure in the U.S.

OpenAI, in partnership with SoftBank and Oracle, announced the Stargate Project, which aims to invest $500 billion over four years to build cutting-edge AI infrastructure in the U.S., Quartz reported.

The initiative includes immediate deployment of $100 billion and promises to create hundreds of thousands of jobs while bolstering national security and American leadership in AI.

Despite the announcement being supported by major partners like NVIDIA, Arm and Microsoft, skepticism about its feasibility quickly arose. Elon Musk, a former OpenAI co-founder turned critic and the founder of xAI, has long-standing tensions with OpenAI's current leadership.

The Stargate Project's first major buildout is underway in Texas, featuring a data center covering 500,000 square feet, with plans for additional facilities across the U.S.

Musk, however, publicly doubted the project's financial viability. His criticism, shared on his social media platform X, marked a rare divergence from his ally, President Donald Trump, who strongly endorsed the project during its announcement.

"They don't actually have the money," the Tesla and SpaceX CEO said.

Musk's remarks come amidst his competitive rivalry with OpenAI and his growing investment in his own AI venture, xAI.

As construction begins in Texas, industry analysts and the public are closely monitoring Stargate's financial and operational progress.