$BTC The feud between Donald Trump and Elon Musk started when Musk criticized Trump's "Big Beautiful Bill," a tax and spending package that Musk claimed would worsen the federal deficit and undermine cost-cutting efforts. Here are some key points about their public spat ¹ ² ³:
- *The Bill Disagreement*: Musk called the bill a "disgusting abomination" and accused lawmakers of betrayal, while Trump defended it as "one of the Greatest Bills ever presented to Congress".
- *Personal Attacks*: Musk accused Trump of being mentioned in the Jeffrey Epstein files, which Trump hasn't directly responded to, but Trump did say Musk "just went CRAZY" after he asked him to leave over disagreements on electric vehicle mandates.
- *Economic Threats*: Trump threatened to terminate government contracts and subsidies for Musk's companies, prompting Musk to announce the decommissioning of SpaceX's Dragon spacecraft.
- *Election Impact*: Musk claimed credit for Trump's electoral success, stating "Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate".
- *Impeachment and Replacement*: Musk even signaled support for Trump's impeachment and floated Vice President JD Vance as a suitable replacement.
- *Tariffs and Recession*: Musk warned that Trump's tariff policies could plunge the US into recession by the second half of the year.
Their feud has significant implications, given their influence in politics and business. The break in their relationship may impact SpaceX contracts and Tesla's electric vehicle market ⁴.