"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland, Wednesday. "The guy is our Einstein," the JPMorgan chief said. "I'd like to be helpful to him and his companies as much as we can.

Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.

Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in Manhattan in New York City, U.S., April 23, 2024. REUTERS/Mike Segar/File Photo (Reuters) - JPMorgan Chase CEO Jamie Dimon and Tesla chief Elon Musk,

Billionaire Elon Musk's hand gesture while he spoke during a celebration of U.S. President Donald Trump's inauguration drew online comparisons to a Nazi salute on Monday, but a leading tracker of antisemitism said it appeared to represent a moment of enthusiasm instead.

The presidential inauguration was a veritable billionaire's convention with Google CEO Sundar Pichai and Meta CEO Mark Zuckerberg in attendance, but Musk clearly has a bigger role.