Jeff Bezos could rival Elon Musk in fight for control of $1,500,000,000,000 ‘white gold’ discovery weighing 40 million tons
Elon Musk and Jeff Bezos are competing for control of a massive lithium deposit worth $1.5 trillion, recently discovered in the McDermitt Caldera on the Oregon-Nevada border. This “white gold” is crucial for electric vehicle (EV) batteries, smartphones, and aerospace technology. Musk’s Tesla could drastically reduce production costs by securing this high-grade lithium source, while Bezos, through Amazon’s stake in Rivian and his backing of EV startup Slate, aims to strengthen his position in the EV market against Tesla.
The U.S. government’s tariffs on imported materials have made domestic lithium even more valuable. Controlling this deposit would allow either billionaire to cut reliance on foreign suppliers and dominate the EV industry. With enough lithium to power 600 million EVs, this discovery could reshape the future of clean energy and tech manufacturing, further boosting the fortunes of whoever secures it.