#TradingTypes101 Elon Musk says he is "disappointed" with Trump's "big, beautiful bill", in interview with CBS Sunday Morning

Article information

Author,James FitzGerald and Nadine Yousif

Role,BBC News

28 May 2025

Elon Musk has criticised one of the signature policies of Donald Trump, marking a break from the US president who he helped to win re-election in 2024.

Last week, the US House of Representatives narrowly passed what Trump calls his "big, beautiful" bill, which includes multi-trillion dollar tax breaks and a pledge to increase defence spending. It will now head to the Senate.

Tech titan Musk told the BBC's US partner CBS News he was "disappointed" by the plan, which he felt "undermines" the work he did for the president on reducing spending.

Musk was enlisted as Trump's cost-cutting tsar - ending funds for US foreign aid among other projects - before announcing he would step back.