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Davos 2026: Musk abandons criticism of the WEF and shares the stage with Larry Fink
Source: Yellow Original Title: Davos 2026: Musk abandons criticism of the WEF to join Larry Fink on stage
Original Link:
Background
Elon Musk will participate in his first World Economic Forum in Davos on Thursday, marking a shift in his long-standing public opposition to the forum.
According to the updated forum schedule, the billionaire is expected to share the stage with BlackRock CEO Larry Fink at a high-profile forum at 15:30 GMT.
This appearance suggests a possible realignment of Musk’s relationships with global financial and political elites, at a time when his corporate influence intersects with national defense and technology policies.
As the owner of X and CEO of Tesla and SpaceX, Musk’s attendance coincides with broader industry trends, including asset tokenization and the integration of artificial intelligence into global markets.
From “Boring” to Business Opportunity
For years, Musk has described this Swiss annual meeting as an unelected “world government,” even calling the event “mind-numbingly boring” in social media posts in 2022.
His decision to attend coincides with the appearance of U.S. President Donald Trump in Davos, a key political ally whose government has involved Musk in government efficiency and technology regulation matters.
The collaboration with Larry Fink is particularly significant in the digital asset space, given BlackRock’s role in institutionalizing Bitcoin (BTC) through spot ETFs and Fink’s recent advocacy for “all asset tokenization.”
Although Musk recently reiterated his skepticism of cryptocurrencies as a “database,” his influence on retail market sentiment remains a key factor in stock and digital asset volatility.
Why This Matters
Musk’s proximity to the Davos core circle indicates he is transitioning from an external agitator to a central figure in the global governance debate.
His companies now manage critical infrastructure, including the Starlink satellite network in conflict zones and the xAI Colossus training cluster, making his cooperation vital to international policy frameworks.
For the crypto market, the Musk-Fink dialogue could clarify the development trajectory of institutional adoption versus retail-driven “InfoFi” projects.
X has recently begun banning certain post-to-earn crypto apps to curb spam, indicating a more controlled approach to the digital asset ecosystem under Musk’s current leadership.