Elon Musk Says Project Stargate Doesn’t ‘Actually Have The Money’ After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI

Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group (OTC:SFTBY) (OTC:SFTBF) has “well under $10B secured.”

What Happened: The project, unveiled Tuesday at a White House briefing in the presence of President Donald Trump,…