Elon Musk's ‘financial advice' to Joe Biden: ‘Invest in infrastructure, not…'

Elon Musk wrote, “It is just a question of how many die before that reality is accepted.”

Published on: Feb 20, 2024, 10:11:47 IST

By HT News Desk

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Elon Musk said that he supports calls for a ceasefire in the Russia-Ukraine war after which the United States should stop giving aid to Kyiv and instead focus on infrastructure projects in the country. Replying to venture capital founder David Sacks' thread on X (formerly Twitter), Elon Musk said a peace deal should have been “done a year ago” as Russia looks poised to win the war with Ukraine.

A user on X wrote, "It is time for a ceasefire and peace talks between Ukraine and Russia. Ukraine has lost this war and nothing will change that. Ukraine doesn't have enough men to win. $60 billion for Ukraine won't change the facts. Russia is going to keep Crimea and parts of eastern Ukraine."

Elon Musk agreed and wrote, "Yes. It is just a question of how many die before that reality is accepted. A peace deal should have been done a year ago. Since then, thousands of boys have died for nothing and Ukraine’s position grower weaker by the day."

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When another user wrote, “I feel really bad for Ukraine. I really do. But it’s time to cut the losses and start talking about peace. No more money for war without making peace the number 1 priority”, Elon Musk replied, “Yeah. Imagine 60bn spent on infrastructure in the United States. High-speed rail from LaGuardia to midtown for example…”

David Sacks wrote on the platform, "You can almost feel the panic online that the $61 billion won’t pass. For many, this is the last big payoff they will ever see. They will say anything to get it. They will do anything to get it. The pressure on Speaker Johnson must be enormous. I compliment him for holding firm so far. But at the end of the day, I expect something will pass. Pockets don’t line themselves. If Ukraine supporters wanted to persuade us that there’s no money laundering going on, they would have agreed to an accountant. They rejected it, twice," he wrote.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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