Billionaires Including Musk And Zuckerberg Stopped Trump’s Big AI Announcement—Here’s Why
President Trump canceled a planned executive order on artificial intelligence after pressure from industry leaders, including Elon Musk and Mark Zuckerberg. The billionaires expressed concerns that the order could hinder AI development and give China an advantage. The White House's last-minute decision highlights the significant influence of tech executives in shaping policy.
- ▪Trump pulled the AI executive order under pressure from industry executives.
- ▪Musk and Zuckerberg warned that the order could negatively impact the U.S. economy.
- ▪The White House canceled the signing hours before it was set to begin.
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BreakingBusinessBillionaires Including Musk And Zuckerberg Stopped Trump’s Big AI Announcement—Here’s WhyBySara Dorn,Forbes Staff. Sara Dorn is a Forbes news reporter who covers politics.Follow AuthorMay 22, 2026, 10:13am EDTToplinePresident Donald Trump reportedly pulled a new artificial intelligence executive order planned for Thursday at the last minute under pressure from industry executives, including billionaires Elon Musk and Mark Zuckerberg and former White House AI and crypto czar David Sacks. SpaceX CEO Elon Musk follows U.S. President Donald Trump on the red carpet upon arrival at Beijing Capital International Airport on May 13, 2026 in Beijing, China for Trump's meeting with President Xi Jinping in Beijing.
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