TRUMP and ELON MUSK update
The relationship between Donald Trump and Elon Musk has recently become strained, evolving from a period of mutual support and collaboration to a public feud.
Previously, Musk had been a vocal supporter of Trump and even served in an advisory role, heading the Department of Government Efficiency (DOGE). However, their relationship fractured in May 2025 following Musk's public criticism of Trump's "One Big Beautiful Bill," a comprehensive spending and tax bill. Musk argued that the bill would significantly increase the national debt and negatively impact the economy, even calling it "political suicide" and a "disgusting abomination." He also made unsubstantiated claims regarding Trump's alleged involvement in the Epstein files, though these tweets were later deleted.
In response, Trump has expressed his disappointment in Musk and has recently threatened to cut government subsidies to Musk's companies, including Tesla and SpaceX. Trump asserted that without these subsidies, Musk would "probably have to close up shop and head back home to South Africa." He also suggested that DOGE, the very department Musk once led, should investigate the extent of these subsidies. While Trump has at times called Musk a "wonderful" and "smart guy," he maintains that Musk's criticisms of the bill were "not appropriate" and has no interest in repairing their relationship.
This escalating public dispute highlights significant differences in their views on fiscal policy and the role of government support for businesses.
how does this impact our crypto kingdom, whether this will show any impact on crypto kingdom or not let's wait and watch ....
