#TrumpVsMusk
As of June 6, 2025, the relationship between President Donald Trump and Elon Musk has deteriorated into a public feud, marked by policy disagreements and personal insults.
Key Developments:
Policy Disputes: Musk criticized Trump's "One Big Beautiful Bill Act," arguing it adds $2.4 trillion to the national debt and undermines clean energy initiatives by eliminating electric vehicle subsidies.
Economic Concerns: Musk warned that Trump's new trade tariffs could lead to a U.S. recession in the latter half of 2025.
Personal Attacks: Trump labeled Musk as someone who has "lost his mind" and expressed disinterest in further communication. In retaliation, Musk suggested that Trump is mentioned in the Jeffrey Epstein files.
Business Impacts: The feud led to a 14% drop in Tesla's stock, erasing approximately $150 billion in market value.
SpaceX Operations: Amid threats to government contracts, Musk initially announced plans to decommission SpaceX's Dragon spacecraft but reversed the decision following public concern.
This escalating conflict underscores the volatile intersection of politics and business, with potential implications for the U.S. economy and technological innovation