Top CEOs from the US, including Elon Musk, Larry Fink, and Mark Zuckerberg, will attend an investor conference in Saudi Arabia next week, according to the New York Post. The Saudi-US Investment Forum, branded as “MAGA in the Desert” by one source close to NYP, will host these corporate giants on May 13.
Other guests will include OpenAI CEO Sam Altman, Citigroup CEO Jane Fraser, Boeing CEO Kelly Ortberg, and White House Crypto Czar David Sacks. US President Donald Trump will also reportedly fly to the Middle East to meet with regional heads of state in the UAE and Qatar. Trump is expected to arrive in Saudi Arabia on May 13 and hold bilateral meetings. The summit is planned for the morning of May 14.
The CEOs and representatives from the US government will look to round up more investments from Saudi Arabia into the US, according to NYP. “This is going to be MAGA in the desert. It is ultimately about creating jobs in the US,” one source told NYP. The US corporate CEOs attending will work to seal agreements on everything from defense, AI, tech, and healthcare cooperation worth at least $600 billion.
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According to a leaked invitation for the conference obtained by The Post, the forum will “provide an exclusive opportunity to deepen engagement, unlock new investment avenues, and reaffirm our long-standing economic partnership.” The leaked invitation also promises “strategic dialogues with Saudi ministers and senior US government and business leaders.”
Other attendees include ex-Google financial chief Ruth Porat, Palantir CEO Alex Karp, and PIMCO’s Emmanuel Roman. Those three will reportedly take part in panels and roundtable discussions at the Saudi Arabia investor conference.