#TrumpVsMusk TRUMP vs. ELON: Political Feud Shakes the Markets! ๐จ
Former President Donald Trump took aim at Elon Musk:
๐ฃ โWant to save billions from the budget? Cut off Elonโs government subsidies โ shockingly, Biden still hasnโt done it.โ
Elon Musk fired back hard:
๐ฃ โBIG REVEAL: Trump is named in the Epstein files. Thatโs the real reason theyโve been kept classified!โ
The markets took a major hit from this war of words:
$TSLA (Tesla) shares dropped by 17%
$DJT (Trump Media) shares fell by 8%
Another blow from Musk:
๐ป โTrumpโs tariffs will cause a recession in the second half of the year.โ
Additionally, SpaceX announced it has begun the retirement process of its Dragon spacecraft in response to Trumpโs call to โcancel contracts.โ