"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland, Wednesday. "The guy is our Einstein," the JPMorgan chief said. "I'd like to be helpful to him and his companies as much as we can.

Elon Musk’s controversial gesture, which some interpreted as a Nazi-style salute, drew criticism from Trump’s political opponents and energized fans on the far right.

Taking aim at Wikipedia co-founders Jimmy Wales and Larry Sanger, Musk argued that the site had become an extension of left-wing media or the “legacy media”, a term that has been adopted as a derogatory way to refer to traditional media sources by the MAGA movement.

Donald Trump and Elon Musk loom large over this year's World Economic Forum in Davos.

Billionaire Elon Musk's hand gesture while he spoke during a celebration of U.S. President Donald Trump's inauguration drew online comparisons to a Nazi salute on Monday, but a leading tracker of antisemitism said it appeared to represent a moment of enthusiasm instead.

The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.

Musk, the world's richest man and a close ally of President Trump, was speaking at the Capital One Arena in Washington DC when he made the gesture. "My heart goes out to you. It is thanks to you that the future of civilisation is assured," the 53-year-old said, after giving the second one-armed salute.

Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.

CFO Sarah Friar is helping the artificial intelligence company line up funding and create new revenue streams. She said the company would likely have to continue to fundraise, but weighed the pros and cons of a public listing.

Elon Musk, the world's richest man, wants the funding of Wikipedia to be stopped. The remarks of the tech mogul came after the online encyclopedia called his controversial gesture a 'Nazi salute'. Musk called on his followers to "defund Wikipedia" after his page on the site was updated to include a reference to his gesture at Trump's post-inauguration speech,