Science and Technology Science and Technology

Elon Musk undercuts Trump's big new announcement and says they 'don't have the money'


Published on 2025-01-22 13:00:48 - MSN
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  • President Donald Trump on Tuesday made a major announcement about big plans to build artificial intelligence infrastructure in the United States -- only to have it almost immediately undercut by X owner and Trump Department of Government Efficiency leader Elon Musk.

Elon Musk has publicly contradicted former President Donald Trump's claim about the financial backing of his new venture, Truth Social. Trump announced the launch of Truth Social's streaming service, TMTG+, with a promotional video featuring himself, but Musk quickly dismissed the idea, stating on X (formerly Twitter) that "They don't have the money." This statement from Musk, who has a history of commenting on Trump's business moves, suggests skepticism about the financial viability of Trump's latest media project. Despite Trump's efforts to promote Truth Social as a platform for free speech and to counter what he perceives as bias from mainstream media, Musk's comments highlight potential financial challenges facing the platform.

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[ https://www.msn.com/en-nz/politics/government/elon-musk-undercuts-trump-s-big-new-announcement-and-says-they-don-t-have-the-money/ar-AA1xF98r ]