#TrumpVsMusk

The feud between Donald Trump and Elon Musk has escalated, sending shockwaves through the crypto and stock markets.

On May 24, 2025, Trump severed ties with Musk after the Tesla CEO publicly criticized Trump's proposed 15% corporate tax plan. This public fallout has rattled financial markets, with Tesla stock tumbling and the crypto sector experiencing a broad sell-off.

Bitcoin plunged 4% to $100,423, and meme coin $TRUMP tanked 12% to $9.67, highlighting the market's sensitivity to the political drama.

The once-strong alliance between Elon Musk and President Donald Trump has devolved into a public and politically charged feud, shaking Tesla, Bitcoin, and Wall Street.

As the situation unfolds, the crypto community remains on edge, closely monitoring the developments between these two influential figures.