#TrumpVsMusk
šØ **Whatās Going On Between Trump & Musk?**
1. **Spat Over "Big Beautiful Bill"**
Elon Musk slammed Trumpās $5āÆtrillion-plus tax-and-spending plan as a ādisgusting abomination,ā vowing to launch a new āAmerica Partyā if it passed. Trump fired back, hinting at cutting Muskās EV and space subsidies, and even floated the idea of revoking his citizenship or using "DOGE" to retaliate.
2. Markets React
Tesla stock sank ~5% on mounting tensions, while Dogecoin dropped ~6% during the early feud.
3. CDT Drama & Cooling Off
Musk briefly escalated things by referencing Trump in redacted Epstein files, then āregrettedā his toneātweets were deleted. Trump responded angrily, calling Musk ācrazyā and accusing him of āTrump Derangement Syndromeā.
š Why It Matters for Crypto
Heightened Volatility: Public spats between two mega-influencers have rattled markets, especially memecoins and tech-linked assets.
Sentiment Rollercoaster: Musk is seen as a pro-DOGE figure, so his feud with Trump can cause emotional swings in crypto sentiment.
Policy Risk: Threats to cut subsidies may limit Muskās ability to support dogecoin-friendly initiatives within his companies.
š Bottom Line
The MuskāTrump feud isnāt just politicalāitās rippling through equity and crypto markets, signaling potential short-term volatility. If the clash escalates again, expect memecoins and tech-related cryptos to swing in response.
š Whatās your take? Is this personal drama shaping your crypto decisions?
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