IBOV 186,885.49 ▲ 0.29% IPSA 10,881.28 ▼ 0.80% IPC MEX 64,214.36 ▼ 1.38% MERVAL 2,781,799 ▼ 1.33% COLCAP 2,537.48 ▼ 0.46% BVL PERÚ 59,831.84 ▼ 0.49% USD/BRL5.23▲ 1.04% USD/MXN18.36▲ 1.59% USD/CLP986.25▲ 1.41% USD/COP3,312▼ 0.63% USD/PEN3.45▲ 0.54% USD/ARS1,525▼ 0.03% USD/UYU40.29▲ 3.66% USD/PYG5,804▲ 1.99% USD/BOB11.94▲ 2.03% USD/DOP59.52▲ 3.22% USD/CRC453.80▲ 2.74% USD/GTQ7.64▲ 3.23% USD/HNL26.87▲ 3.24% USD/NIO36.62▲ 2.66% USD/VES858.02▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▲ 1.81% EUR/BRL5.87▼ 0.49% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 186,885.49 ▲ 0.29% IPSA 10,881.28 ▼ 0.80% IPC MEX 64,214.36 ▼ 1.38% MERVAL 2,781,799 ▼ 1.33% COLCAP 2,537.48 ▼ 0.46% BVL PERÚ 59,831.84 ▼ 0.49% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Thursday, October 1, 2026

Elon Musk’s White House Comeback Shows A Truce With Trump And A Bet On Saudi Ties

By · November 19, 2025 · 2 min read

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Elon Musk has quietly returned to the White House, attending a black-tie dinner in honor of Saudi Crown Prince Mohammed bin Salman, months after a falling-out with President Donald Trump over taxes and spending.

The guest list underlined the importance of the evening: Apple’s Tim Cook, Nvidia’s Jensen Huang, AMD’s Lisa Su, Salesforce’s Marc Benioff, Paramount’s David Ellison and other corporate heavyweights, alongside football star Cristiano Ronaldo and senior Republican leaders.

For a businessman who recently said he had “done enough” in politics, Musk’s presence signaled that neither he nor Trump is ready to walk away from a relationship that still serves both.

Earlier this year, Trump put Musk at the center of the Department of Government Efficiency, making him the public face of a drive to slash federal spending and regulation. Musk became the biggest individual donor of the 2024 election cycle, channeling almost all of his money toward Trump.

Their alliance shattered when Trump pushed a sweeping tax-cut bill that Musk warned would blow up the deficit and distort incentives for electric vehicles. The clash spilled into social media and Musk resigned his Washington role in May.

Elon Musk’s White House Comeback Shows A Truce With Trump And A Bet On Saudi Ties.
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A dinner where money, power and tech collide

The political experiment came at a cost. Tesla’s brand was dented as some consumers began to associate its cars with Musk’s persona, while investors worried he was spending too much time in Washington.

Yet Tesla chair Robyn Denholm has made clear that Musk remains free to engage in future campaigns, as long as he delivers on performance targets tied to a proposed one-trillion-dollar pay package.

Trump, for his part, used the dinner with Mohammed bin Salman to showcase a tighter U.S.–Saudi partnership, including plans to sell nearly 300 American-made tanks and deepen defense cooperation, even as rights advocates renew criticism of the crown prince’s record.

For readers outside the United States, the message is simple: when the world’s richest entrepreneur, the White House and Saudi oil money sit at the same table, choices on energy, electric vehicles, artificial intelligence and defense are being shaped before any law is written.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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