๐จ Trump vs. Musk Budget War: Is the Market the Real Victim?
A political firestorm is shaking Wall Street ๐
๐ป Tesla slips 15% in 10 days
๐ป Tech stocks dip amid fears of policy retaliation
๐ SpaceX contract review spooks defense-sector bulls
Elon Musk slams Trumpโs $3.3T โBig Beautiful Billโ as โeconomic disaster.โ Trump hits back with threats to cut Tesla/SpaceX contracts and revoke subsidies via the DOGE agency ๐ถ๐ฅ
But hereโs the real question:
> ๐ค Is this clash a warning shot for investors betting on government-aligned tech?
Musk launches his own โAmerica Partyโ โกโ and markets are watching closely. Political risks are now real-time price movers.
๐ Impact So Far:
$34B wiped from Muskโs net worth
Nasdaq under pressure from federal contract fears
Investors rotating into โlow-conflictโ sectors
๐ Crypto Market? While BTC & ETH hold steady, any deeper instability could:
๐จ Trigger risk-off sentiment
๐ง Boost demand for decentralization narratives
๐ธ Attract safe-haven flows into crypto
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๐ Stay alert. When tech titans and presidents clash, the charts react fast.