#TrumpVsMusk
On June 6, 2025, the formerly close relationship between President Donald Trump and billionaire Elon Musk officially fractured, shocking both the political and financial worlds.
The issue began when Musk publicly criticized Trump's "One Big Beautiful Bill," calling it "an abomination," expressing concerns over increasing budget deficits and cuts to electric vehicle subsidies. In response, Trump threatened to terminate federal contracts with Musk's companies.
As a consequence, Tesla's stock plummeted by 14%, with a market capitalization loss of $152 billion, while TrumpCoin – the cryptocurrency backed by Trump – fell by 12% in value.
This conflict is not only a personal dispute but also reflects the deep divide between technology leaders and politicians regarding the future of cryptocurrency and fiscal policy.
Who do you think will win in this confrontation? Please share your views!