JUST IN: 🇺🇸 President Trump declares his relationship with Elon Musk is likely over, saying he has no intention of reconciling after their public fallout over tax-and-spending bill.
The public fallout between President Trump and Elon Musk stems from a disagreement over the "Big, Beautiful Bill," a tax-and-spending proposal that has divided Republican lawmakers, with Musk opposing its $2.4 trillion debt increase and EV incentive cuts, as reported by The Guardian on June 6, 2025.
Their rift escalated after Musk’s exit from the Department of Government Efficiency, with Trump claiming Musk’s sudden criticism contradicts his prior support, a shift possibly influenced by Musk’s financial stake in Tesla, which could lose from EV policy changes, per Hindustan Times on June 7, 2025.
Historical data from the BBC on June 6, 2025, highlights their once-close alliance, including Musk’s 130-day advisory role, making this feud a rare clash between the world’s richest individual and most powerful politician, with potential economic ripple effects.