(Just The News)—Elon Musk said on Wednesday that the key backers of President Donald Trump’s $500 billion AI project do not actually have the the capital to match their promised investments.
On Tuesday, Trump held a White House press conference to announce the ambitious initiative dubbed Project Stargate involving OpenAI, Softbank and Oracle. The three company executives promised combined investments of up to $500 billion focused on projects to develop AI and aims to create over 100,000 U.S. jobs.
“They don’t actually have the money,” Musk posted to his social media platform X. “SoftBank has well under $10B secured. I have that on good authority.”
The post earned a rebuke from White House Press Secretary Karoline Leavitt in a Fox News interview on Wednesday where she said “the American people should take President Trump and those CEOs’ words for it.”
The contradictory statement comes as Musk is set to head a special commission for President Trump targeting government waste, known as the Department of Government Efficiency, or DOGE. Last week it was reported that Musk would be given coveted White House office space for the initiative, signaling his membership in Trump’s inner circle.
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.