Elon Musk will attend the World Economic Forum in Davos for the first time on Thursday, marking a pivot from his long-standing public opposition to the gathering.
The billionaire is scheduled to join BlackRock CEO Larry Fink on a high-profile panel at 15:30 GMT, according to updated forum schedules.
The appearance signals a potential recalibration of Musk’s relationship with global financial and political elites at a time when his corporate influence intersects with state-level defense and technology policy.
As the owner of X and CEO of Tesla and SpaceX, Musk's presence coincides with broader industry trends toward asset tokenization and the integration of artificial intelligence into global markets.
From "Boring" to Business
For years, Musk has characterized the annual Swiss meeting as an unelected "world government" and famously dismissed the event as "boring af" in 2022 social media posts.
His decision to participate follows the Davos appearance of U.S. President Donald Trump, a key political ally whose administration has engaged Musk on matters of government efficiency and technology regulation.
The pairing with Larry Fink is particularly notable for the digital asset sector, given BlackRock’s role in institutionalizing Bitcoin (BTC) through spot ETFs and Fink’s recent advocacy for the "tokenization of all assets."
While Musk recently reiterated skeptical views on currency as a "database," his influence over retail market sentiment remains a primary driver of volatility for both equities and digital assets.
Read also: Threshold Network Launches $T Stake-Based Waivers To Rival WBTC
Why It Matters
Musk’s move into the Davos inner circle suggests a transition from outside provocateur to a central figure in global governance discussions.
His companies now manage critical infrastructure, including the Starlink satellite network in conflict zones and the xAI Colossus training cluster, making his cooperation essential for international policy frameworks.
For the crypto market, the Musk-Fink dialogue may clarify the trajectory of institutional adoption versus retail-driven "InfoFi" projects.
X recently began banning certain post-to-earn crypto apps to curb spam, signaling a more controlled approach to the platform’s digital asset ecosystem under Musk’s current leadership.
Read also: South Korean Prosecutors Lose Seized Bitcoin In Suspected Phishing Attack