In a moment that captivated global attention during a high-profile visit to Saudi Arabia on May 13, 2025, U.S. President Donald Trump introduced tech titan Elon Musk to Saudi Crown Prince Mohammed bin Salman (MBS) at the Saudi Royal Court. The ceremonial introduction, marked by trumpets and national anthems, underscored the enduring and influential relationship between Musk, the world’s richest individual, and the Trump administration. With Musk’s net worth recently soaring past $350 billion, surpassing the personal wealth of the Saudi Crown Prince, estimated at around $25 billion, the encounter symbolized a convergence of wealth, power, and ambition that continues to shape U.S. foreign and economic policy.
The setting was the U.S.-Saudi Investment Forum in Riyadh, a pivotal event during Trump’s first major international trip of his second term. Accompanied by a cadre of American business leaders, including OpenAI’s Sam Altman and Nvidia’s Jensen Huang, Trump aimed to secure significant economic deals. The forum delivered, announcing 145 deals worth over $300 billion, including a $142 billion arms deal and Saudi approval for Musk’s Starlink satellite internet service for aviation and maritime use. Musk, a senior White House adviser and head of the Department of Government Efficiency (DOGE), was a standout figure, leveraging his proximity to Trump to advance his business interests.
Musk’s presence in Riyadh was not merely ceremonial. During an eight-minute interview at the forum, he promoted his vision of a “Star Trek future,” touting his companies—Tesla, SpaceX, xAI, and Starlink—while sharing an anecdote about his Tesla Optimus robots performing a dance to “YMCA” for Trump and the Crown Prince. This blend of showmanship and strategic promotion highlighted Musk’s unique role as both a policy influencer and a business magnate. His announcement of Starlink’s approval in Saudi Arabia, facilitated through discussions with Minister Abdullah Alswaha, sparked concerns among U.S. Senate Democrats, who called for an investigation into whether the Trump administration was clearing hurdles for Musk’s companies to secure foreign deals.
The introduction of Musk to MBS, described by Trump as someone wealthier than the Crown Prince, carried symbolic weight. It reflected Trump’s penchant for aligning with influential business leaders to project strength and economic prowess. Musk, whose wealth dwarfs that of many global leaders, was seen chatting warmly with both Trump and MBS during a coffee ceremony. This moment fueled speculation about Musk’s growing influence in shaping U.S. policy, particularly in technology and artificial intelligence sectors, where Saudi Arabia invests heavily to diversify its economy.
The Riyadh summit also highlighted Musk’s strategic maneuvering. His social media platform, X, recently refinanced billions in debt with help from a Saudi fund, and his AI venture, xAI, is reportedly in talks for a funding round that could value the company at $120 billion. Saudi Arabia’s Public Investment Fund, chaired by MBS, is a potential partner, given its ambitious AI strategy and $1 trillion investment goal. Musk’s discussions about bringing Tesla’s robotaxis to Saudi Arabia further underscored his intent to capitalize on the kingdom’s technological aspirations.
Critics, however, have raised concerns about potential conflicts of interest. Musk’s dual role as a White House adviser and CEO of multiple companies has drawn scrutiny, particularly as his businesses benefit from government contracts and foreign deals. The Starlink agreement prompted accusations that Musk is using his proximity to Trump for personal financial gain, a charge his team dismissed as “fake news.” Despite stepping back from a full-time role at DOGE, Musk’s presence alongside Trump in Saudi Arabia suggests he remains influential.
The Trump-Musk relationship, often described as that of a “first buddy,” has reshaped perceptions of power dynamics in Washington. As Trump navigates his second term, his reliance on Musk for economic and technological innovation is evident. The Riyadh introduction was a testament to this partnership, blending diplomacy, business, and spectacle in a way that only Trump and Musk could orchestrate. As the U.S. and Saudi Arabia deepen their economic ties, Musk’s role as a bridge between the White House and global investors will likely remain a defining feature of Trump’s presidency.
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