#trumpvsmusk
$DOGE
NEWS OF JULY 1ST 2025
🔥 Trump Threatens to “Unleash DOGE” on Musk
On July 1, 2025, Trump reignited his public feud with Musk over his controversial “Big, Beautiful Bill” — a sprawling spending and tax reform package. Musk criticized it on X, calling it “outrageous” and fiscally reckless. In response, Trump threatened to have the Department of Government Efficiency—DOGE (formerly led by Musk)—“review” Musk’s federal subsidies and even hinted at the possibility of revoking Musk’s government contracts or citizenship, calling for an investigation via DOGE .
He also didn’t rule out deportation, stating that Musk might have to “head back home to South Africa” if federal support was removed .
⚖️ Political & Legal Implications
Trump’s use of DOGE as a political tool is drawing scrutiny: SEC staffers and government-watch groups are raising alarms about overreach and lack of transparency in how DOGE operates .
A lawsuit has been filed in D.C., citing Trump’s remarks on DOGE to demand more transparency about Musk’s authority and role .
📉 Market & Crypto Reaction
The feud has rattled markets: Tesla stock dropped ~5–6% in early trading, and meme‑coin DOGE slid toward $0.17, reflecting heightened risk-off sentiment tied to the political conflict .
Broader crypto sentiment suffered, with increased volatility and liquidity flight as uncertainty around regulatory or political reprisals lingered.
📝 Summary
Trump is explicitly threatening to weaponize DOGE—the agency he and Musk founded—to pressure Musk’s companies and potentially revoke federal subsidies or contracts.
This attack has sparked political backlash, regulatory concern, and legal scrutiny.
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#TrumpVsMusk #BTCPrediction #OneBigBeautifulBill #doge⚡