Market News / Story
Elon Musk Mocks SoftBank's Reported $100B AI Fundraising Plan: 'Only A Fool Would Give Them Money'
Stocktwits ·
Stocktwits reports: Elon Musk has taken a swipe at SoftBank after the Japanese investment giant reportedly sought to raise as much as $100 billion from Gulf investors for a new artificial intelligence fund. “Only a fool would give them money,” Musk wrote on X in response to a post about a planned fundraise. Musk Takes Aim At SoftBank’s AI Ambitions Musk has put himself at the center of the AI race through a sprawling business empire spanning Tesla (TSLA), SpaceX, xAI and its chatbot Grok.…