Bloomberg Businessweek SoftBank’s Son Pledges $100 Billion US Investment at Trump Event
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Dec 16, 2024 
Max Chafkin, a Bloomberg Businessweek columnist and co-host of the Elon Inc. podcast, dives into SoftBank's ambitious $100 billion investment plan in the U.S. under President-elect Trump, discussing its implications for tech industries like AI and semiconductors. He also explores the escalating rivalry between Elon Musk and Sam Altman and its potential impact on the tech landscape. Additionally, Chafkin highlights emerging travel trends and consumer behaviors that are reshaping markets in a post-pandemic world.
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SoftBank's $100 Billion Pledge
- SoftBank's Masayoshi Son pledged a $100 billion investment in the US, announced by President-elect Trump.
- This follows a previous $50 billion pledge Son made eight years prior, much of which was delivered.
Trump's Discussion Points
- President-elect Trump discussed various topics, including skepticism about US approval of Ukraine's long-range weapons use against Russia.
- He also mentioned potential reciprocity in trade with partners and adversaries, like China.
Son's Previous Pledge
- Eight years ago, Masayoshi Son visited Trump and pledged $50 billion, generating 50,000 jobs.
- This largely delivered, setting a precedent for their current interaction.
