#TrumpVsMusk Trump Also Took a Hit:

Trump Media & Technology stock fell ~8%, and his $TRUMP crypto dropped ~12%, costing him over $1 billion (roughly $202 million in stock and $900 million in crypto) .

Why It Matters:

Market Sentiment Sensitivity – High-profile conflicts can sharply affect stock prices.

Political Risks for Big Tech – Musk’s public political stance introduced fresh uncertainty around Tesla, SpaceX, and EV subsidies.

Potential Escalation – Trump might follow through on threats to impact Musk’s government dealings .