Tesla and SpaceX CEO Elon Musk crossed paths with Argentina President Javier Milei for the second time in less than a month at the 27th annual Milken Institute Global Conference on Monday, sparking discussions on investment prospects.
The Meeting and Remarks
Musk shared a photo on social media alongside President Milei, showcasing their enthusiastic interaction with double thumbs-up gestures. Secretary General of the Presidency, Karina Milei, and Argentine Ambassador to the United States, Gerardo Werthein, were also present in the picture. Musk’s caption, “I recommend investing in Argentina,” underscored the significance of their encounter.
Annual Gathering of Influential Figures
The Milken Institute Global Conference, held in Beverly Hills, California, brings together leaders from finance, technology, sports, and media to address global issues. Musk and President Milei’s presence as free-market proponents adds weight to the event’s discussions.
I recommend investing in Argentina https://t.co/DIrcf8TsLN
— Elon Musk (@elonmusk) May 7, 2024
Potential Collaborations in Cryptocurrency
Both Musk and President Milei have demonstrated support for cryptocurrency, with Musk highlighting his Bitcoin holdings and endorsement of Dogecoin, while President Milei praises Bitcoin’s scarcity-driven growth model. The synergy between their pro-crypto stances suggests potential collaboration in the cryptocurrency sphere.
Market Reaction
Bitcoin, trading at $63,790, experienced a slight 0.6% drop, while Dogecoin dipped 4.4% to $0.1574, reflecting ongoing market dynamics amidst the meeting’s discussions.
The reunion between Musk and President Milei underscores the intersection of technology, finance, and geopolitics, hinting at possible developments in investment strategies and cryptocurrency initiatives.