Musk criticized the Stargate project, and Altman countered: Only those who can't get it are sour, Softbank doesn't have that much money.

On January 21, President Trump announced the launch of the largest AI infrastructure project in history, Stargate. OpenAI subsequently issued a statement indicating that it will immediately begin deploying the initial $100 billion investment. However, the CEO of TSL, Musk, criticized the project, claiming that they cannot actually provide such a large amount of funding. In response, OpenAI CEO Sam Altman invited Musk to visit the construction site of the first batch of data centers. It was announced that OpenAI, SoftBank, and Oracle will jointly establish a joint venture company called Stargate, with plans to invest $500 billion in stages to build AI data centers and energy infrastructure in the United States. The initial investment of $100 billion will be used for data center and energy equipment construction. Altman countered Musk's criticism, stating that Musk's claims are inaccurate and implying that Musk may be dissatisfied because the Stargate project may compete with his own AI projects. The relationship between Musk and Trump has become closer since Trump's election, but this may be one of the most public disagreements between them. Musk's statement also has some merit. According to Bloomberg, SoftBank does not have enough cash to fulfill Son's commitment. As of the end of September last year, the company had about $25 billion in cash and cash equivalents on its balance sheet. However, SoftBank holds stakes in hundreds of startups and owns 90% of XAI (with a current market capitalization of about $160 billion). In the future, SoftBank can sell these shares to finance any major bets.