#TrumpVsMusk DO THEY WANT TO DO AN EXPERIMENT?
I woke up wanting to know if the fight between these two would have effects on their respective cryptocurrencies DOGE and TRUMP.
I thought we could set a 7-day period to see how both perform and publish results.
Between March and June 2025, the relationship between Donald Trump and Elon Musk deteriorated significantly, shifting from a strategic alliance to a public confrontation. The dispute began when Musk openly criticized Trump's fiscal plan, known as "One Big Beautiful Bill," which eliminated subsidies for electric vehicles and increased the federal deficit by $2.4 trillion. In response, Trump threatened to withdraw all government contracts and subsidies to Musk's companies, including Tesla and SpaceX.
This confrontation had an immediate impact on the market: Tesla's stock fell by 15%, losing over $150 billion in market capitalization. Additionally, Musk resigned from his position in the Trump administration, further intensifying the tension between them. The fight moved to social media, where they exchanged personal accusations, including Musk's insinuations about alleged ties between Trump and Jeffrey Epstein.
The conflict also affected other sectors: the Nasdaq index fell by 0.8%, and protests and vandalism were reported at Tesla dealerships in Europe. The breakup between Trump and Musk not only highlighted the tensions between politics and technology but also generated uncertainty in the markets and the business community.