United States President Donald Trump denied reports that he would revoke the large subsidies received by Elon Musk, the founder of Tesla and SpaceX. Through the Truth Social platform, Trump expressed his support for Musk and all business players in the United States.

"Everyone says I will destroy Elon’s companies by revoking some, if not all, of the large subsidies from the US Government. This is not true!" wrote Trump. "I want Elon, and all businesses in our Country, to THRIVE, even thrive like never before!" #CryptoScamSurge #AmericaAIActionPlan