Elon Musk, Larry Fink, Mark Zuckerberg to Attend Saudi-U.S. Investment Forum, $600 Billion in Deals Expected

Elon Musk, Larry Fink, and Mark Zuckerberg are set to attend the Saudi-U.S. Investment Forum in Riyadh on May 13–14, 2025. This event, informally known as "MAGA in the Desert," is expected to be a significant gathering of influential business figures, focusing on sectors such as AI, defense, healthcare, and technology. The forum is anticipated to facilitate over $600 billion in investment deals, making it a pivotal moment for global capital deployment.

While the primary focus of the summit is on traditional sectors, crypto investors are taking note of the potential implications for digital assets. Larry Fink, CEO of BlackRock, has been a vocal advocate for Bitcoin ETFs, which could bring Bitcoin into mainstream Wall Street portfolios. Elon Musk, through his companies Tesla and SpaceX, holds crypto assets and has shown consistent support for Dogecoin. Mark Zuckerberg, with his involvement in the Diem stablecoin project and Meta's metaverse integrations, continues to explore blockchain technology.

The presence of these key figures at the forum suggests that crypto could be indirectly boosted by the discussions and deals that take place. The summit provides an opportunity for institutional crypto adoption, as the convergence of AI, defense, healthcare, and technology could create new avenues for digital asset integration. With over $600 billion in investment deals expected, the forum is not just about photo ops but about capital being deployed, and crypto could very well be on the receiving end.

Bitcoin (BTC) is currently priced at $95,000, with a short-term outlook that a breakout above $98,000 could put $105,000 in sight. If the Saudi-U.S. investment narratives include digital assets, BTC could surge. This may be the last dip before another institutional wave hits, presenting an opportunity for investors to accumulate before the market surges again.

Ethereum (ETH) is currently priced at $1,780, with gas fees down and staking up, and its L2 ecosystem thriving. If Mark Zuckerberg references metaverse progress, ETH will ride the sentiment wave. This presents an opportunity to accumulate before tech narratives return to mainstream media.

Dogecoin (DOGE) is currently priced at $0.16, and Elon Musk’s attendance alone is enough to move DOGE markets. A tweet, a mention, or even a joke can send DOGE flying, making it a high-risk, high-reward play as hype intensifies.

Through various ETFs and blockchain partnerships, BlackRock has exposure to Bitcoin and Ethereum and may explore others like Polygon or Solana. The event may ignite new ETF filings or blockchain infrastructure partnerships with the Gulf states, further integrating crypto into the global financial landscape.

Historically, institutional events like this have preceded major crypto rallies. Combine this with the Bitcoin halving approaching in 2026, and you get a narrative of long-term bullish pressure. This summit in Riyadh may act as a launchpad—not just for oil-to-tech transformation in Saudi Arabia, but for a new era of crypto legitimacy across Middle Eastern capital.

With names like Sam Altman (OpenAI), Alex Karp (Palantir), and Donald Trump also expected to participate, the forum becomes a melting pot of Web3, AI, finance, and geopolitics. If you’re still on the sidelines, this might be your last chance to get in before announcements, partnerships, or FOMO sends the market surging again.