$Tesla(TSLA.US)'s Elon Musk questioned the "Stargate" plan endorsed by the former president. Let's not talk about biting the hand that feeds you, but history tells us: most of these costly plans that can be touted to the moon end up stillborn!

Politicians love to boast about huge numbers because it implies more investment and more job opportunities, and Trump should be quite familiar with these tactics!

During his first term, Foxconn announced plans to build a $10 billion factory in Wisconsin as part of a plan to revitalize American manufacturing.

What was the result?

Foxconn chose to invest only $672 million and reduced the number of new jobs to 1,454, far from the initial 13,000 jobs promised.

Later, during Biden's term, the CHIPS Act was introduced, claiming to authorize $280 billion for building new semiconductor factories in the U.S., but now that the administration has changed, we still haven't seen results.

The "Stargate" claims to create "hundreds of thousands of job opportunities." In reality, $Oracle(ORCL.US) often boasts about its autonomous database, cloud computing services, and low labor costs, but once these data centers are completed, most of these jobs will disappear. Furthermore, if jobs are somehow replaced by AI, it can be imagined that a portion of these jobs will vanish. $OpenAI(OpenAI.NA)$Microsoft(MSFT.US)$SoftBank(SFTBY.US)$Arm(ARM.US)$NVIDIA(NVDA.US)