{"id":1534511,"date":"2025-05-07T00:30:00","date_gmt":"2025-05-07T04:30:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1534511"},"modified":"2025-05-07T00:30:00","modified_gmt":"2025-05-07T04:30:00","slug":"musk-fink-zuckerberg-set-for-saudi-arabias-maga-in-the-desert-conference-to-attract-u-s-investment","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/musk-fink-zuckerberg-set-for-saudi-arabias-maga-in-the-desert-conference-to-attract-u-s-investment\/1534511\/","title":{"rendered":"Musk, Fink, Zuckerberg Set For Saudi Arabia’s ‘MAGA In The Desert’ Conference To Attract U.S. Investment"},"content":{"rendered":"

Musk, Fink, Zuckerberg Set For Saudi Arabia’s ‘MAGA In The Desert’ Conference To Attract U.S. Investment<\/span><\/p>\n

\n

Some of the United States\u2019 most powerful business leaders will descend on Riyadh for the Saudi-US Investment Forum – dubbed \u201cMAGA in the Desert\u201d<\/strong> – to boost investment in America<\/strong> as President Donald Trump prepares for a highly anticipated visit next week to Saudi Arabia, Qatar, and the United Arab Emirates to deepen ties with key regional players, according to the New York Post<\/a>.<\/p>\n

illustration via Associated Press\/Rest of World<\/em><\/a><\/p>\n

Tesla and SpaceX CEO Elon Musk,<\/strong> Meta CEO Mark Zuckerberg<\/strong>, and BlackRock CEO Larry Fink<\/strong> are expected to attend the Saudi-US Investment Forum set to be held on May 13th, sources told the Post<\/a>. Other corporate leaders slated to attend are OpenAI CEO Sam Altman, Palantir CEO Alex Karp, Boeing CEO Kelly Ortberg, and Citigroup CEO Jane Fraser.<\/strong><\/p>\n

Top Trump administration officials are also said to be attending the forum, including Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and AI and Crypto Czar David Sacks.<\/p>\n

\u201cThis is going to be MAGA in the desert. It is ultimately about creating jobs in the US<\/strong>,\u201d a source said<\/a>.<\/p>\n

The Post<\/a> reports:<\/p>\n

The corporate shindig will take place a day before Saudi Crown Prince Muhammad bin Salman, also known as \u201cMBS,\u201d chairs a summit featuring the US and the leaders of the so-called Gulf Cooperation Council: the United Arab Emirates, Bahrain, Kuwait, Oman, and Qatar.<\/em><\/p>\n

The plan for the conference is to ink agreements on everything from defense, AI, tech, and healthcare cooperation worth at least $600 billion\u2014a goal set by MBS on Jan. 23 in Trump\u2019s first call with a foreign leader after winning a second term in the White House.<\/em><\/p>\n

The Department of Defense recently announced<\/a> the State Department\u2019s approval of a potential $3.5 billion sale of AIM-120C-8 advanced medium-range air-to-air missiles to Saudi Arabia. The missiles will be assembled by RTX Corporation in Tucson, Arizona.<\/p>\n

\u201cThis proposed sale will support the foreign policy goals and national security objectives of the United States by improving the security of a partner country that contributes to political stability and economic progress in the Gulf Region,<\/strong>\u201d the Pentagon said<\/a> in a statement. \u201cThe proposed sale of this equipment and support will not alter the military balance in the region.\u201d<\/p>\n

On Tuesday, the Saudi Arabian cabinet announced<\/a> that the Kingdom will discuss a potential cooperation agreement with the United States in mining and mineral resources, according to a Tuesday statement from the state news agency obtained by Reuters.<\/p>\n

Trump, while meeting with newly-elected Canadian Prime Minister Mark Carney in the Oval Office, teased<\/a> an announcement potentially connected to the Middle East. \u201cIt’ll be one of the most important announcements that has been made in many years about a certain subject,\u201d the president said.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nTue, 05\/06\/2025 – 20:30<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/geopolitical\/musk-fink-zuckerberg-set-saudi-arabias-maga-desert-conference-attract-us-investment<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Musk, Fink, Zuckerberg Set For Saudi Arabia’s ‘MAGA In The Desert’ Conference To Attract U.S. Investment Some of the United States\u2019 most powerful business leaders…<\/p>\n","protected":false},"author":0,"featured_media":1534512,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1534511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-6rcb","jetpack_featured_media_url":"https:\/\/bugaluu.com\/news\/wp-content\/uploads\/sites\/3\/2025\/05\/illo_musk_ksa-7uNo3n.jpg","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1534511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1534511"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1534511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1534512"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1534511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1534511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1534511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}