The intensity of the disagreement between Donald Trump and Elon Musk has escalated, with the two exchanging insults and threats online. Here's what is happening:
- *Disagreement*: Trump plans to sell his Tesla, which he bought to support Musk, after their public falling out. Musk was a supporter of Trump, but their relationship has deteriorated.
- *Potential Consequences*: Musk's companies, including SpaceX, could lose billions of dollars in government contracts if Trump follows through on his threats. Trump's actions may also affect his political standing, as Musk promised to donate $100 million to Trump's team ahead of the 2026 midterm elections.
- *Global Reaction*: Russia intervened in the dispute, with some officials offering Musk political asylum, while others mocked the situation, calling it a symbol of "modern American political culture." Kremlin spokesperson Dmitry Peskov described it as a "domestic issue" for the United States. - *Market Impact*: The public clash between Trump and Musk has raised concerns in the markets, as uncertainty led to a wave of forced selling in cryptocurrency markets.
*Reactions from Key Players:*