June #TrumpVsMusk 5, 2025 became a point of no return: the alliance between Elon Musk and Donald Trump collapsed.
📍 Brief chronicle of the conflict:
— 🟠 Trump: praises the One Big Beautiful Bill and regrets the cooling of relations with Musk.
— ⚫️ Musk: claims that he ensured Trump's victory in the elections.
— 🟠 Trump: threatens to cut federal funding for SpaceX and Tesla.
— ⚫️ Musk: hints at Trump's connections to the Epstein case and supports the idea of impeachment.
— ⚫️ Musk: publicly supports the transfer of power to Vice President JD Vance.
— ⚫️ Musk: threatens to close the Dragon project and states that Trump's tariffs will cause a recession.
🔥 Effects and consequences:
— 📉 Tesla shares plummeted by -14%, the largest drop since 2022.
— 🚀 SpaceX risks losing billion-dollar government contracts.
— 👤 Isaacman is removed from consideration for the NASA head position — a blow to Musk's circle.
— 🇺🇸 Steve Bannon demands Musk's deportation.
— 🏛 The White House is considering legal measures for Musk's "destructive tweets."
— 📉 The cryptocurrency market suffered from sharp volatility — liquidations of $1 billion.