Musk joins top U.S. CEOs at Riyadh Investment Forum as Trump begins Middle East visit

Elon Musk is among a roster of blue‑chip U.S. CEOs invited to a Saudi‑U.S. investment forum in Riyadh that will run alongside President Donald Trump’s Middle East visit, according to a planning memo seen by *Reuters*, signalling lavish deals and headline economic announcements to come.

Elon Musk is among a group of heavyweight U.S. business leaders invited to a Saudi‑U.S. investment forum in Riyadh on Tuesday, held alongside President Donald Trump’s Middle East visit, according to a planning memo seen by Reuters.

The event—expected to feature splashy economic announcements—has also drawn invitations for the chiefs of BlackRock, Citigroup, IBM, Boeing, Delta, American Airlines and United Airlines.

In January, President Trump urged Saudi Arabia to channel about $1 trillion into the U.S. economy over four years, including major defense purchases; sources told Reuters last month that Washington is preparing an arms package exceeding $100 billion.

Tesla’s April launch in the kingdom signaled a thaw in relations between Musk and Saudi Arabia’s Public Investment Fund, whose rift with the billionaire dated back to 2018. Ties have warmed further since Musk played a high‑profile role in Trump’s election campaign and later joined the administration, where he has spearheaded efforts to streamline federal bureaucracy.

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