Trump vs. Musk: Billionaire Feud Escalates Into Political Firestorm
What started as political alignment has erupted into a high-stakes clash between two of the most influential figures in America — Elon Musk and Donald Trump.
Elon Musk, once a vocal supporter of Trump’s 2024 run, is now openly condemning the recently passed “One Big Beautiful Bill,” calling it a “disgusting abomination” for ballooning the federal deficit and stripping critical EV subsidies that directly affect Tesla’s bottom line. In response, Trump didn’t hold back — threatening to pull federal contracts from both Tesla and SpaceX and even hinting at legal or personal action with cryptic references like “putting DOGE on Elon” and questioning his citizenship status.
But Musk isn’t just pushing back — he’s going political. On July 4, he officially announced plans to launch the “America Party,” with goals to disrupt traditional party dominance by targeting a handful of key Senate and House seats. He’s also reportedly looking to fund primary challenges against pro-Trump lawmakers, escalating tensions within the conservative base.
The stakes aren’t just political — they’re financial. Tesla stock took a ~5% hit following Trump’s threats, and analysts now warn that losing federal EV credits could cost Tesla over $1 billion. The broader business community is watching closely, concerned about whether government retaliation against private companies could become the new norm.
At the same time, Musk is facing internal backlash from MAGA loyalists like Steve Bannon, who’ve criticized the “America Party” as a distraction. Ballot-access experts also caution that building a new party across 50 states is a logistical and financial nightmare, even for a billionaire like Musk.
