Elon Musk Said He Would 'Walk The Line Personally' Following $16.5 Billion Samsung Deal, Is this A Return To 'Wartime CEO' Mode?
What Happened: Taking to social media platform X, Musk announced the deal with Samsung on Monday. "Samsung's giant new Texas fab will be dedicated to making Tesla's next-generation AI6 chip," Musk said before adding that the deal had significant strategic importance.Trending: 7,000+ investors have joined Timeplast's mission to eliminate microplastics—now it's your turn to
However, what was interesting was the billionaire's comments after. Replying to the original post, Musk said that the deal was a critical point. "I will walk the line personally to accelerate the pace of progress," he said.
This could signal Musk's renewed focus on his companies after a stint in politics and activism with the Trump administration and the Department of Government Efficiency (DOGE). Could this be a 'Wartime CEO' moment for Musk? Well, this isn't the first time Musk has expressed full commitment to his companies.Musk had earlier said in a post that he would "spend seven days a week" and would sleep at the office if his kids were away. That too wasn't an isolated case, as Musk had also shared that he would be "Back to spending 24/7 at work and sleeping in conference/server/factory rooms," following outages experienced by social media platform X.He added that he would 'be super focused on 𝕏/xAI and Tesla (plus Starship launch next week), as we have critical technologies rolling out."Why It Matters: Musk's renewed commitment to his businesses could be a confidence booster for investors following a disappointing Q2 earnings call for Tesla that saw the EV giant post a 12% revenue decline as well as dwindling sales figures across multiple regions.
Despite this, Musk has remained optimistic and promised to release a new affordable Model Y, a decision that has been slammed by critics as it could lead to cannibalization within the company's lineup.
Musk has also laid out ambitious targets of producing over 100,000 units of the Optimus robot annually in 5 years and serving about half of the population of the U.S. with robotaxis by the end of the year.
Elsewhere, Musk's SpaceX also aims to conduct a test launch of its Starship rocket next month and the billionaire has said that the next major milestone for the company is to achieve orbital propellant refilling.
Read Next:
$100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation.
These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends
Photo courtesy: Shutterstock/Alessia Pierdomenico
UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.
Get the latest stock analysis from Benzinga?
This article Elon Musk Said He Would 'Walk The Line Personally' Following $16.5 Billion Samsung Deal, Is this A Return To 'Wartime CEO' Mode? originally appeared on Benzinga.com
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
32 minutes ago
- Business Upturn
Brief Video Explores How Elon Musk's Starlink Could Reshape the Future of Global Communications
Baltimore, MD, Aug. 03, 2025 (GLOBE NEWSWIRE) — James Altucher examines how Elon Musk's Starlink network could permanently alter the telecommunications landscape and set the stage for a new era of global connectivity. 'Fifty years from now, people may remember it as one of the greatest innovations of the 21st century,' Altucher says in the presentation. 'An innovation which could be bigger than Tesla or anything else Elon has done before.' A Threat to Legacy Telecom Giants The brief presentation outlines how Starlink's satellite-based system bypasses traditional infrastructure, a move that could disrupt the $2.18 trillion telecom industry. 'For consumers like you and I, Elon's Starlink is a godsend… for the $2.18 trillion telecom industry, it's their worst nightmare,' the presentation states. Altucher points to existing providers' high costs and slow speeds compared to global peers as evidence of an industry vulnerable to disruption. Connecting the Remaining Third of the World Starlink's impact extends beyond urban markets, with Altucher highlighting the 2.9 billion people currently without internet access. 'By connecting these people – many of whom live in rural areas – to the world wide web, it could help unlock an incredible amount of additional economic value,' Altucher explains. He argues that this mass inclusion could trigger a wave of innovation and commerce in previously disconnected regions. Redefining How We Live and Work Altucher's presentation describes Starlink's potential to reshape not just business, but daily life. 'This technology is set to change how we shop… how we travel… how we conduct business… down to a personal level, too… changing how we interact with our friends and family,' he notes. By enabling seamless high-speed connectivity anywhere, he predicts a future where distance is no longer a barrier to opportunity or communication. August 13 as a Turning Point? According to Altucher, several developments point to August 13, 2025 , as a possible milestone date for the network's trajectory. 'This elite meeting makes it the perfect place for Elon to take the stage… and announce to the world that he's spinning off Starlink from SpaceX,' Altucher predicts of the upcoming industry gathering. About James Altucher James Altucher is a technology entrepreneur, venture capitalist, and Wall Street Journal bestselling author recognized for spotting transformative innovations before they hit the mainstream. CNBC has called him 'one of the best venture capitalists, angel investors, and tech entrepreneurs in the world.' He has been an early supporter of companies that changed entire industries and is the founder of Altucher's Investment Network and the host of The James Altucher Show , downloaded more than 40 million times worldwide. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
2 hours ago
- Yahoo
Brief Video Explores How Elon Musk's Starlink Could Reshape the Future of Global Communications
Baltimore, MD, Aug. 03, 2025 (GLOBE NEWSWIRE) -- James Altucher examines how Elon Musk's Starlink network could permanently alter the telecommunications landscape and set the stage for a new era of global connectivity. 'Fifty years from now, people may remember it as one of the greatest innovations of the 21st century,' Altucher says in the presentation. 'An innovation which could be bigger than Tesla or anything else Elon has done before.' A Threat to Legacy Telecom Giants The brief presentation outlines how Starlink's satellite-based system bypasses traditional infrastructure, a move that could disrupt the $2.18 trillion telecom industry. 'For consumers like you and I, Elon's Starlink is a godsend… for the $2.18 trillion telecom industry, it's their worst nightmare,' the presentation states. Altucher points to existing providers' high costs and slow speeds compared to global peers as evidence of an industry vulnerable to disruption. Connecting the Remaining Third of the World Starlink's impact extends beyond urban markets, with Altucher highlighting the 2.9 billion people currently without internet access. 'By connecting these people – many of whom live in rural areas – to the world wide web, it could help unlock an incredible amount of additional economic value,' Altucher explains. He argues that this mass inclusion could trigger a wave of innovation and commerce in previously disconnected regions. Redefining How We Live and Work Altucher's presentation describes Starlink's potential to reshape not just business, but daily life. 'This technology is set to change how we shop… how we travel… how we conduct business… down to a personal level, too… changing how we interact with our friends and family,' he notes. By enabling seamless high-speed connectivity anywhere, he predicts a future where distance is no longer a barrier to opportunity or communication. August 13 as a Turning Point? According to Altucher, several developments point to August 13, 2025, as a possible milestone date for the network's trajectory. 'This elite meeting makes it the perfect place for Elon to take the stage… and announce to the world that he's spinning off Starlink from SpaceX,' Altucher predicts of the upcoming industry gathering. About James Altucher James Altucher is a technology entrepreneur, venture capitalist, and Wall Street Journal bestselling author recognized for spotting transformative innovations before they hit the mainstream. CNBC has called him 'one of the best venture capitalists, angel investors, and tech entrepreneurs in the world.' He has been an early supporter of companies that changed entire industries and is the founder of Altucher's Investment Network and the host of , downloaded more than 40 million times worldwide. CONTACT: Derek Warren Public Relations Manager Paradigm Press Group Email: dwarren@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Yahoo
Group run by billionaire Elon Musk spent more than $47 million in the first half of the year
The super PAC run by billionaire Elon Musk spent $47.4 million in the first half of the year, when the group was actively engaged in helping former Waukesha County Judge Brad Schimel run unsuccessfully for a seat on the Wisconsin Supreme Court. The new filing by America PAC includes for the first time confirmation of $1 million payments that Musk gave to each of three individuals at a Green Bay rally "in appreciation for you taking the time to vote." It also reports that America PAC spent $27 million on in-kind payments for "petition incentives" on June 30. The payment came from the United States of America Inc., a new business created by Musk last year. It is not clear what those payments were for, but the super PAC offered Wisconsin voters $100 to register their opposition to "judicial activists" via a website. Musk's group also made numerous payments to consultants, media groups and canvassers in the first six months of the year. Overall, the report indicates Musk gave a little more than $18 million to America PAC in the first half of the year. That comes on top of the $27 million in-kind payment by the United States of America Inc. A spokesman for America PAC could not be immediately reached for comment. On April 1, liberal Dane County Judge Susan Crawford defeated Schimel, a conservative, in an election that determined the ideological control of the Supreme Court. Liberals now hold a 4-3 edge with Crawford's investiture on Aug. 1. The race set a record for the most spent on a judicial race in the United States. Even before America PAC's latest report, all sides had reported paying out more than $100 million on the hotly contested race, with independent groups far outspending the two candidates. Alison Dirr can be reached at adirr@ Contact Daniel Bice at (414) 313-6684 or dbice@ Follow him on X at @DanielBice or on Facebook at This article originally appeared on Milwaukee Journal Sentinel: Group run by billionaire Elon Musk spent more than $47 million Solve the daily Crossword
