Did Musk regret after attacking Trump? Giants tear each other apart, is the market really scared?

Core of the event:

Cause: Musk went on a tirade against a money-burning plan (the 'Beautiful America Act') supported by Trump on his own platform X last week, saying this plan would bankrupt the country's finances and even ruined the credit of his previous efforts to help Trump create the 'Government Savings Department' (DOGE).

In his rant, he also dragged in some old news about Trump and the notorious bad guy Epstein, and even liked a post calling for 'Trump's impeachment'.

Explosion: The two former good buddies have completely fallen out and publicly attacked each other. Trump hinted at cutting government contracts and subsidies for Musk's companies (Tesla, SpaceX).

Consequence: The market was terrified! Tesla's stock experienced the worst single-day drop in history. Everyone is worried that the feud between these two big shots will affect the business of Musk's companies.

Turning point: Musk shrank back/regretted! He deleted the most excessive posts (like those related to Epstein and impeachment) and publicly stated, 'What I said about Trump last week was a bit too much, I regret it.'

Trump's reaction: He said, 'Wish Musk well' verbally, but his actions were honest—refusing to reconcile! He is notoriously petty. Their previous 'honeymoon period' (cutting government spending together) is completely over.

Trump's 'sweet date': Although they fell out, Trump said on Monday that if he were president, he would continue to use SpaceX's Starlink. Is this a reassurance for SpaceX?

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