#TrumpVsMusk The feud between Donald Trump and Elon Musk started when Musk criticized Trump's "One Big Beautiful Bill," a sweeping tax-and-spending package, saying it would worsen the federal deficit and undermine cost-cutting efforts. Trump responded by threatening to cancel government contracts tied to Musk's companies, including SpaceX and Tesla.
*Key Developments:*
- *Public Insults*: Trump called Musk "a man who has lost his mind" and said he's not interested in talking to him. Musk, on the other hand, accused Trump of being ungrateful for the $250 million he spent on getting him elected.
- *Tesla Shares*: Tesla's stock plummeted 14% after the spat, wiping out around $150 billion in market value. However, it clawed back some losses after reports of a potential conversation between Musk and Trump.
- *Government Contracts*: Trump threatened to cancel government contracts with Musk's companies, which could significantly impact their business.
- *Personal Attacks*: Musk stopped following Stephen Miller, Trump's White House deputy chief of staff for policy, and Miller's wife Katie, who had worked as an advisor for Musk's Department of Government Efficiency ¹ ² ³.
*Impact on Relationships:*
- *Married Couples*: The feud has put a strain on relationships, including that of Stephen Miller and his wife Katie Miller, who find themselves on opposite sides of the Trump-Musk divide.
- *Business Relations*: The tension between Trump and Musk has also affected their business relationships, with Tesla's stock price and potential government contracts hanging in the balance ².