#TrumpVsMusk

Conflict between Musk and Trump: What is known?

A recent spat between Elon Musk and Donald Trump has attracted public attention. Musk criticized the new government spending bill, stating that it would lead to increased debt burdens on U.S. citizens. In response, Trump expressed dissatisfaction with the entrepreneur's position and hinted at possible reductions in government subsidies for his companies.

Market Reaction

After the public exchange of accusations, Tesla's stock sharply fell, losing about 15% of its value within a few hours. Shares of the media company Trump Media & Technology Group also showed a decline, losing 11%.

Cryptocurrency 'Wit'

Interesting fact: shortly before the conflict, Trump gifted Musk a symbolic 'golden key' to the White House. In response, Musk announced the launch of a meme cryptocurrency 'DOGE Key', hinting at his previous role in the Department of Efficiency in Government Management.

Political Effect

Amid escalating tensions, Musk conducted a poll on the social network X about the creation of a new political party. More than 80% of the 2.5 million users supported this idea, which could lead to further political consequences.