Elon Musk, Jensen Huang Join Air Force One for Trump's Trip to China
Business Insider • • general
Key Points:
- Elon Musk and Jensen Huang joined President Donald Trump's delegation to Beijing on Air Force One, with Musk posting updates using Starlink internet over the Pacific Ocean.
- Musk, the largest donor to the 2024 election supporting Trump, and Huang, Nvidia's CEO seeking approval to sell AI chips to China, traveled alongside other top business leaders including Tim Cook, Larry Fink, and Boeing's Kelly Ortberg.
- The delegation's visit highlights ongoing business interests amid competitive pressures, such as Tesla losing market share to Chinese EV maker BYD and China's restrictions on certain Micron chips.
- Boeing executives are part of the trip aiming to strengthen commercial airplane deals in China, a market where Airbus recently secured a $21.4 billion order from Chinese airlines.
- Trump expressed intentions to urge President Xi Jinping to further open China’s market to foreign businesses, hoping to enhance economic cooperation and growth.