President Trump has confirmed that his relationship with Elon Musk is over, citing Musk's disrespect towards the presidency as a reason. Trump warned Musk of "very serious consequences" if he decides to fund Democrats, particularly those challenging Republicans who backed Trump's budget plan.

The feud between the two began when Musk criticized the GOP-led spending bill, which Trump is backing. Musk's comments sparked a heated exchange on social media, with Trump accusing Musk of knowing the bill's details and waiting too long to criticize it.

Musk slammed the GOP-led spending bill, while Trump is pushing for its passage.

Trump suggested terminating Musk's governmental subsidies and contracts, but hasn't given it much thought.

Trump warned Musk of consequences if he funds Democrats, despite Musk's $250 million contribution to Trump's presidential campaign last year.

The breakdown of their relationship has played out publicly, with both figures exchanging jabs on social media. Trump remains confident that his spending bill will pass in the Senate by July 4, despite the feud.#TrumpVsMusk $BTC