Elon Musk once vowed to ‘go to war’ for H-1Bs. Now he’s silent on Trump’s $100K fee—and smiling beside him at Charlie Kirk’s funeral

FortuneMonday, September 22, 2025 at 4:56:59 PM
Elon Musk once vowed to ‘go to war’ for H-1Bs. Now he’s silent on Trump’s $100K fee—and smiling beside him at Charlie Kirk’s funeral
Elon Musk, who previously expressed strong support for H-1B visas, is now notably silent on Trump's controversial $100,000 fee for these visas. This shift comes as he was seen smiling alongside Trump at Charlie Kirk's funeral, raising questions about his intentions. Many are wondering if Musk is attempting to mend fences with Trump, especially after his vocal opposition during a heated visa debate last Christmas. This change in stance could have significant implications for the tech industry and immigration policies.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Supreme Court Allows Trump to Fire F.T.C. Commissioner
NeutralFinancial Markets
The Supreme Court has agreed to review a significant precedent that restricts the president's power to dismiss top officials at the Federal Trade Commission. This decision could reshape the balance of power within federal agencies and impact how future administrations manage their appointments. It's a pivotal moment that could redefine executive authority.
Kimmel’s Late-Night Show Will Return to Air Tuesday
NeutralFinancial Markets
Jimmy Kimmel's late-night show is set to return to the air on Tuesday after being suspended indefinitely due to controversy surrounding his comments about the Charlie Kirk shooting. This return is significant as it highlights the ongoing discussions about the responsibilities of public figures in addressing sensitive topics, and how media personalities navigate the fine line between humor and serious issues.
Trump’s H-1B Visa Fee Knocks Down Bridge Between India and the U.S.
NegativeFinancial Markets
The recent increase in H-1B visa fees proposed by the Trump administration has raised concerns about the impact on the relationship between India and the U.S. This move could hinder the flow of skilled workers from India, which has been a vital source of talent for American tech companies. The changes may not only affect individual professionals but also the broader economic ties between the two nations, making it a significant issue for both countries.
US Supreme Court lets Trump remove FTC member, for now
NeutralFinancial Markets
The US Supreme Court has temporarily allowed former President Donald Trump to remove a member of the Federal Trade Commission (FTC). This decision is significant as it highlights the ongoing legal battles surrounding Trump's influence on federal agencies. The outcome could set a precedent for how future administrations manage appointments and removals within regulatory bodies.
Trump’s $100K visa move ‘threw a lot of people, including us,’ Cathie Wood says. She’s still wildly optimistic about the American economy
NeutralFinancial Markets
Cathie Wood, CEO of ARK Invest, expressed her views on Trump's recent $100K visa move, describing it as a short-term action that has confused many, including her team. She believes this decision serves as a punishment for India but remains optimistic about the overall American economy. Wood emphasizes the importance of productivity as a key factor in combating inflation, highlighting her confidence in the nation's economic resilience despite political challenges.
Trump’s Planned $100,000 H-1B Fee Rattles Tech Sector
NegativeFinancial Markets
The Trump administration's proposal to increase the H-1B application fee to $100,000 is causing concern in the tech sector. Hiba Anver from Erickson Immigration Group highlighted that this significant fee hike could create challenges for both workers and employers. This change matters because it could deter skilled foreign workers from coming to the U.S., potentially impacting innovation and growth in the tech industry.
Trump expected to link autism with Tylenol, a claim highly disputed
NegativeFinancial Markets
Former President Donald Trump is anticipated to make controversial claims linking autism to the use of Tylenol, a statement that has sparked significant debate among experts. This matters because such assertions can influence public perception and potentially lead to misinformation about autism and its causes, which is a sensitive topic for many families.
Trump allowed to fire Democratic FTC commissioner as Supreme Court takes case
NeutralFinancial Markets
The Supreme Court has agreed to hear a case that could allow President Trump to fire a Democratic commissioner from the Federal Trade Commission (FTC). This case is significant as it raises questions about the balance of power between the presidency and independent regulatory agencies, potentially impacting how these agencies operate in the future.
US judge rules Trump cannot block Rhode Island offshore wind project
PositiveFinancial Markets
A US judge has ruled that former President Donald Trump cannot block an offshore wind project in Rhode Island, marking a significant victory for renewable energy initiatives. This decision is important as it paves the way for the development of clean energy sources, which are crucial for combating climate change and reducing reliance on fossil fuels. The ruling underscores the growing momentum behind renewable energy projects across the country.
US tech shares hold steady after Trump unveils $100,000 H-1B visa fee
NeutralFinancial Markets
US tech shares remained stable following President Trump's announcement of a new $100,000 fee for H-1B visas. This move is significant as it could impact the hiring practices of tech companies that rely on skilled foreign workers. Investors are watching closely to see how this policy will affect the industry's growth and innovation.
H-1B Visa Upheaval Roils Companies and Geopolitics
NegativeFinancial Markets
The recent upheaval surrounding the H-1B visa program is causing significant disruptions for companies and impacting global geopolitics. As businesses rely heavily on skilled foreign workers, changes to immigration policies could hinder their operations and innovation. This situation not only affects the workforce dynamics in the U.S. but also has broader implications for international relations and economic stability.
Trump’s $100,000 H-1B fee fuels stress for staff, employers
NegativeFinancial Markets
Trump's recent announcement of a $100,000 fee for H-1B visas has left many employers and staff feeling stressed and unprepared. The suddenness of the announcement has been criticized by immigration lawyers, who argue it was designed to create chaos in the system. This move could significantly impact companies that rely on skilled foreign workers, raising concerns about the future of the workforce and the economy.
Latest from Financial Markets
Nvidia to invest $100bn in OpenAI
PositiveFinancial Markets
Nvidia has announced a significant investment of $100 billion in OpenAI, aiming to provide the high-performance chips essential for the company's data centers. This partnership is crucial as it not only strengthens Nvidia's position in the AI market but also enhances OpenAI's capabilities, potentially leading to groundbreaking advancements in artificial intelligence. Such a collaboration could accelerate innovation and drive the development of new technologies that benefit various sectors.
Raymond James initiates Cardinal Energy stock with Market Perform rating
NeutralFinancial Markets
Raymond James has initiated coverage of Cardinal Energy, assigning it a Market Perform rating. This move is significant as it reflects the firm's assessment of the company's potential in the energy sector. Investors may want to pay attention to this rating as it could influence market perceptions and trading strategies related to Cardinal Energy.
Toast stock drops as Evercore ISI notes pricing pressure in lower-end market
NegativeFinancial Markets
Toast's stock has taken a hit following a report from Evercore ISI highlighting pricing pressures in the lower-end market. This decline is significant as it reflects broader challenges the company may face in maintaining its market position amidst competitive pricing strategies. Investors are likely concerned about how these pressures could impact Toast's profitability and growth prospects.
CleanSpark stock rises after securing $100M Bitcoin-backed credit facility
PositiveFinancial Markets
CleanSpark's stock has seen a significant rise following the announcement of a $100 million Bitcoin-backed credit facility. This move not only strengthens the company's financial position but also highlights the growing confidence in Bitcoin as a viable asset for securing funding. Investors are optimistic about CleanSpark's future, as this facility will likely enhance its operational capabilities and support its expansion plans in the cryptocurrency market.
Disney says Kimmel will return to the air Tuesday, six days after suspension
PositiveFinancial Markets
Disney has announced that Jimmy Kimmel will return to the air on Tuesday, just six days after his suspension. This quick resolution is significant as it highlights the network's commitment to its programming and Kimmel's popularity among viewers. Fans can look forward to his unique brand of humor and commentary, which has been missed during his brief absence.
Scaramucci-Backed Crypto Treasury Company Launches With $550 Million Fundraising Plan
PositiveFinancial Markets
AVAX One, a new cryptocurrency treasury company backed by Anthony Scaramucci, has announced an ambitious fundraising plan of $550 million. This initiative aims to tokenize traditional financial assets on the Avalanche blockchain, which could revolutionize how these assets are managed and traded. The move is significant as it highlights the growing interest in blockchain technology and its potential to disrupt conventional finance, making it a noteworthy development in the crypto space.