mercoledì 4 giugno 2025, 09:11 Elon Musk harshly criticizes the budget plan developed by the Trump Administration, approved by the House of Representatives last month, dismissing it as a 'disgusting abomination that will bankrupt America.' 'I'm sorry but I can't stay silent anymore. Shame on those who voted for it, you know you did something wrong, you know it,' he added. The bill is now expected in the Senate. Musk, who funded Trump's election campaign, has left his position at Doge. The violent criticism from the Tesla founder of the 'spending bill' developed by the Administration 'does not change anything in Trump's position,' stated the White House spokeswoman in a briefing. Meanwhile, xAI, Elon’s artificial intelligence company, is about to launch a $300 million stock sale at prices that value the entire company at $113 billion. The Financial Times reports that the operation will allow new investors to enter and confirm the valuation set at the time of the acquisition of X last March. The offer is expected to be followed by a larger investment round in which the company will offer new shares to potential shareholders. The takeover of X had valued the entire group at $113 billion, of which $80 billion for xAI and $33 billion for X. In October 2022, Musk bought X, then Twitter, for $44 billion. © ALL RIGHTS RESERVED