Trump vs. Musk: Feud Reignites Over "Big Beautiful Bill" Date: July 1, 2025 What happened: A multibillionaire political clash has gone public: Elon Musk reignited his feud with Donald Trump by blasting Trump’s “One Big Beautiful Bill” — a sweeping tax‑cut and spending package — as dangerously debt‑driven. He warned that if the bill passes, he’d consider forming a new political party to challenge both major parties . Trump countered strongly: accusing Musk of depending heavily on government subsidies, hinting at slashing support for Tesla and SpaceX. In an especially provocative remark, Trump said he’d “have to take a look” at deporting the now-naturalized U.S. citizen Musk, sarcastically invoking DOGE, the cost‑cutting task force Musk once led under Trump . Key flashpoints: Debt vs. Deficit: Musk slammed the bill for ballooning the U.S. debt by trillions, dubbing it “utterly insane” . Political Threats: Trump suggested cancelling Musk’s subsidies and scrutinizing his contracts, hinting at possible consequences for his companies .
Market reaction: Tesla shares slid about 4–5% following the clash, on investors’ concerns over rising political risks . Impact & outlook: Regulatory & financial risk: Trump’s threats could spur targeted reviews of Tesla/SpaceX subsidies or federal contracts.
Political realignment: Musk’s warning about launching a third party hints at potential shifts in GOP dynamics — especially heading into the 2026 midterms. Market volatility: Tesla stock is already feeling the heat, exposing Musk’s business to escalating political uncertainty. Bottom line for Binance Square post: This escalating clash could ripple across markets, regulation, and politics. Both men are using razor‑sharp rhetoric — Musk is calling out debt and GOP complicity, while Trump is wielding subsidies and immigration leverage. What started as budget disagreement is now a full‑blown public feud … and its next installment could shape everything from EV subsidies to political alliances.#TrumpVsMusk#OneBigBeautifulBill#BinanceAlphaAlert " data-hashtag="#BinanceAlphaAlert" class="tag">#BinanceAlphaAlert #Binance#BTC