Musk's xAI valuation tops $1 trillion as critics call it government-subsidized wealth
RealClearPolitics—Elon Musk's artificial intelligence company xAI has reached a valuation that makes Musk the first welfare-backed trillionaire, according to critics who argue the company's growth depends heavily on government contracts and subsidies. The milestone has reignited debate about the relationship between Silicon Valley's wealthiest founders and federal spending. Progressive commentators argue the valuation reflects taxpayer money flowing to private tech wealth rather than genuine market success.