#TrumpVsMusk On June 6, 2025, the once close relationship between President Donald Trump and billionaire Elon Musk officially fractured, shocking both the political and financial worlds.

The situation began when Musk publicly criticized Trump's "One Big Beautiful Bill," calling it "disgusting," expressing concerns about increasing budget deficits and cuts to electric vehicle subsidies. In response, Trump threatened to terminate federal contracts with Musk's companies.

As a result, Tesla's stock price fell 14%, losing $152 billion in market capitalization, while TrumpCoin – the cryptocurrency backed by Trump – decreased in value by 12%.