Musk meets with Milei and recommends investments in Argentina

Musk meets with Milei and recommends investments in Argentina
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The owner of Twitter/X and TeslaElon Musk, met with the president of Argentina, Javier Milei, on Monday 2 and recommended investments in the South American country.

The meeting between the businessman and the head of Casa Rosada took place in Los Angeles, after both participated in the 27th Milken Institute Global Conference, in California.

The event, which began on Sunday 5th, is recognized as an important forum for debates on innovation, finance and global policies.

Read also: “Bolsonaro asks Elon Musk to go to the US Congress and expose censorship in Brazil”

After the meeting, Musk published a photo with Milei on Twitter/X and said he had a “great meeting” with the Argentine president. He also recommended investments in the country.

+ Read more Economy news in the West

Economy advances with Milei

Since assuming the Presidency of Argentina, in December 2023, Javier Milei has implemented a series of reforms in the country’s economy, focusing on privatizations and easing labor laws.

Read also: “Elon Musk predicts US government sanctions against Brazil”

These measures are being well received by the financial market. The main index on the Argentine Stock Exchange, the S&P Merval, has risen 54% since Milei took office.

The index reached 1,452,002 points last Friday, 3 — a significant increase compared to the 941,830 points observed in December last year.

Read also: “Elon Musk fights battle against censorship in Australia”

The article is in Portuguese

Tags: Musk meets Milei recommends investments Argentina

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