American CEOs compete on the Saudi Royal Court

The CEO of Tesla and SpaceX, Elon Musk, among the American economists who join President Donald Trump in Riad, Saudi Arabia.

Elon Musk, CEO von Tesla and SpaceX, Sam Altman von Openai and Larry Fink von Blackrock, were spoken to Saudi Crown Prince Mohammed Bin Salman and President Donald Trump on Tuesday when he started his first great visit to his new term.

Trump begins this week on a high-stand tour through the Persian Gulf region and aims at business transactions and strategic partnerships with three oil-rich nations: Saudi Arabia, the United Arab Emirates and Qatar.

The CEOs were seen to speak to the two world leaders of the Saudi Royal Court in Riad before the Saudi Crown Prince was held.

Other remarkable business figures that participate in the event are Andy Jassy, CEO von Amazon, Arvind Krishna von IBM, Jane Fraser von Citicorp, Kelly Ortberg von Boeing, Jensen Huang von Nvidia and Palants Alex Karp.

Trump's Middle East trip aims to seal investments in us

Elon Musk, CEO of Tesla and SpaceX, speaks on Tuesday, May 13, 2025, with President Donald Trump and Saudi Crown Prince Mohammed Bin Salman, Center in Riad, Saudi -Arabia,.

Saudi Arabia has already promised 600 billion US dollars in US investments, weapon purchases, technology transmissions, artificial intelligence and stock market. Trump said he believes that the Saudis could ultimately sign up to $ 1 trillion.

In addition to economic agreements, Trump and Bin Salman are expected to discuss a possible civilian nuclear program and an extended defense cooperation. Such agreements were once associated with potential normalization in the ACCORD style between Saudi Arabia and Israel.

Trump will lead the US Saudi Investment Forum alongside Saudi ministers on Tuesday, the crypto-tsar David Sacks of the White House and other managing directors.

Some of those who take part in today's lunch – such as Musk, Jassy, Fink and Blackstone CEO Stephen Schwarzman – are listed as a speaker for this event.

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The CEO of Openai, Sam Altman, Center, was one of the managing directors, the Riad, Saudi Arabia, on Tuesday, May 13, 2025.

“On the occasion of the state visit in Saudi Arabia of 45 and 47th President of the United States, the Saudi US investment forum takes place.

“In the past eight decades since the first meeting between King Abdulaziz Ibn Saud and President Franklin D. Roosevelt an der Uss Quincy, the Saudi-US relationship has played an important strategic role in the prosperity of both nations in 1945,” added the event of the event.

On Wednesday, Trump will take part in a meeting of the Gulf Cooperation Council before flying to Qatar to attend talks with Emir Tamim Bin Hamad Al Thani and a visit to the Al Udeid Air Base of the US military.