#TrumpVsMusk The once-strong alliance between President Donald Trump and billionaire Elon Musk has dramatically collapsed. Initially, Musk was a key supporter, contributing nearly $300 million to Trump's reelection campaign and wielding significant influence within the administration. However, tensions escalated when Musk publicly criticized a new tax-cut and spending bill, labeling it as fiscally irresponsible. In response, Trump threatened to withdraw federal subsidies and contracts from Musk's companies, including SpaceX and Tesla. This feud intensified after Trump rescinded his nomination of Jared Isaacman, a close Musk ally, to lead NASA—a move perceived as a significant slight. The fallout from this dispute has had substantial financial repercussions, with Tesla's stock plummeting by 14%, erasing approximately $150 billion in market value. The deteriorating relationship has also raised concerns among Republican lawmakers about potential impacts on the 2026 midterm elections.