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AI’s Dark Horse Could Become Its Crown Jewel Under Trump

Elon Musk wagered a huge bet on Donald Trump winning the White House – and that bet is already paying off.

Musk spent about $130 million on the Trump campaign and related conservative efforts. And ever since it became clear that Trump won a second term in the White House, Tesla (TSLA) stock has surged higher. And Musk’s net worth has grown by over $30 billion. 

How’s that for a return on investment? Musk committed $130 million to make more than $30 billion in just a few days. 

And his economic gains may just be getting started. 

Though, that wealth isn’t coming from Tesla stock alone. Rather, Musk stands to make even more money on his “Trump bet” through another one of his ventures – xAI

Musk’s AI startup is working to create foundational AI models, similar to OpenAI’s ChatGPT. Currently, while an impressive venture that may soon command a $40 billion valuation, xAI is a laggard in the ongoing AI Race, with companies like Anthropic and OpenAI leading the pack. 

But now that Trump is set to be the next president of the United States, that will likely soon change. 

Indeed, xAI could very well become the leader in the AI Race. And that’s good news for Elon Musk – and even better news for investors piling in today.

Three Reasons Why xAI Could Soon Lead the Pack

We see three big reasons why xAI could soon dominate the AI industry.

1: Donald Trump and Elon Musk’s Friendship 

As a late-comer to the AI Race, xAI has not yet established firm connections with the U.S. government. Instead, thus far, the government has chosen to work with companies like OpenAI and Anthropic to integrate generative AI technologies into various departments. 

But now that Musk has helped Trump to win back the White House, it seems likely that the U.S. government will start working with xAI on its next-gen AI initiatives. So, not only should the startup receive an invitation to this party, if you will; it will likely be the guest of honor.

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