The feud between Donald Trump and Elon Musk has reached a boiling point, with both parties exchanging heated remarks. Here's what's happening ¹ ² ³:
- *The Disagreement*: The spat began when Musk criticized Trump's "One Big Beautiful Bill," a tax-and-spending package that Musk claimed would explode the deficit. Trump retaliated by threatening to revoke government subsidies for Musk's companies, including Tesla and SpaceX.
- *Personal Attacks*: The exchange quickly escalated into personal jabs, with Trump calling Musk "crazy" and Musk accusing Trump of being named in the sealed Jeffrey Epstein files. Musk also claimed that Trump wouldn't have won the 2024 election without his support.
- *Tesla Shares Plummet*: The feud has taken a toll on Tesla's stock, with shares plunging over 14% and wiping out approximately $150 billion in market value.
- *Government Contracts at Risk*: Trump's threat to cancel government contracts with Musk's companies could significantly impact SpaceX's future, given its reliance on government contracts. SpaceX has received billions of dollars in contracts from NASA and the Department of Defense.
- *Potential Consequences*: The feud could reshape Republican politics ahead of 2026 and beyond, given Musk's influence as a major GOP donor. The disagreement also highlights deeper divisions within the party over fiscal policy and government spending.
Some key quotes from the feud include ² ⁴:
- *Trump on Musk*: "I helped him a lot, but I'm very disappointed. I wouldn't be surprised if he starts talking badly about me soon."
- *Musk on Trump*: "If it weren't for me, Trump would have lost the election! The Democrats would have won the House, the Republicans would have lost the Senate."
- *Musk on Trump's Bill*: "This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination."
The situation is ongoing, with both parties showing no signs of backing down. What do you think will happen next?