Tech

Elon Musk considers trip to Indonesia to explore possible investments


Elon Musk, the world’s richest man, is considering a visit to Indonesia to explore investment opportunities in the resource-rich Southeast Asian nation.

Elon Musk, the world’s richest man, is considering a visit to Indonesia to explore investment opportunities in the resource-rich Southeast Asian nation.

The CEO of Tesla Inc. and SpaceX met Indonesian President Joko Widodo at the rocket production facility in Boca Chica, Texas, on Saturday, to which Widodo extended the invitation. “Hopefully in November, thanks for your invitation,” Musk said, according to a statement released by Widodo’s office.

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Indonesia, home to some of the world’s largest copper, nickel and tin mines, unleashes abundant natural resources to attract billions of dollars in foreign investors’ money.

The government has been holding talks about potential partnerships with Musk’s teams over the past few years, including developing electric vehicles with Tesla and about the possibility of building a domestic SpaceX rocket launch site. , but no agreement was reached.

Musk is currently entering a $44 billion takeover bid for Twitter Inc., though that transaction has become uncertain as he said on Friday, his offer is “temporarily on hold. ” and was later maintained that he was “remaining committed” to the deal.





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