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Politics : Sioux Nation
DJT 13.19-1.0%3:30 PM EST

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Cautious_Optimist
To: S. maltophilia who wrote (360445)10/4/2025 10:01:26 PM
From: S. maltophilia1 Recommendation   of 360941
 
Elon Musk’s AI Grift
The tech lord’s recent bid to reshuffle the ownership structure of his empire reinforces the clout of the Middle Eastern strongman regimes in its orbit.

Jacob Silverman

.... The short answer would appear to be much the same thing that the shadowy corps of crypto high rollers expect when they sink their millions into Donald Trump’s value-challenged crypto offerings at World Liberty Financial: the promise of access to one of the most influential men in the world. In Musk’s case, a key source of his continually releveraged financing is from sovereign wealth funds controlled by Middle Eastern monarchies—most significantly, Saudi Arabia. If the $400 million deal that Trump struck with Qatar to supply a luxury aircraft to serve as Air Force One poses questions of foreign-enabled corruption, what does it mean that a significant share of the backing behind the world’s richest man derives from a similarly opaque, authoritarian, and surveillance-minded regional monarchy?....

thenation.com
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