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Elon Musk's $5M Gold Card Visa Sparks Controversy

5/14/2025

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Summary

Story summary

Elon Musk revealed that the Gold Card visa program, initiated by President Trump, is in a discreet testing phase to assess its effectiveness. Priced at $5 million, this program seeks to replace the EB-5 visa, promising faster citizenship without the need for job creation. However, critics are raising alarms about potential favoritism and a lack of transparency in its implementation.

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Story summary

Elon Musk revealed that the Gold Card visa program, initiated by President Trump, is in a discreet testing phase to assess its effectiveness. Priced at $5 million, this program seeks to replace the EB-5 visa, promising faster citizenship without the need for job creation. However, critics are raising alarms about potential favoritism and a lack of transparency in its implementation.