A high-profile feud has erupted between U.S. President Donald Trump and tech mogul Elon Musk, marking a significant shift from their previously collaborative relationship. The conflict centers around Trump's "Big Beautiful Bill," a comprehensive tax and spending package. Musk publicly criticized the bill, labeling it a "disgusting abomination" and expressing concerns over its potential economic impact.
In response, President Trump dismissed Musk's criticisms, stating that Musk had "lost his mind" and expressing no interest in engaging with him further. The president also hinted at the possibility of revoking federal subsidies for Musk's ventures, including SpaceX, which plays a pivotal role in U.S. space programs.
The feud has had tangible repercussions: Tesla shares have reportedly dropped by over 14%, and Trump Media & Technology Group has seen an 8% decline. Despite the escalating tensions, some Republican lawmakers and conservative figures are urging reconciliation to prevent disruption to key legislative efforts.
While Musk has shown signs of de-escalation, responding positively to suggestions for easing tensions, President Trump remains steadfast in his position, indicating no plans to reconcile. The situation continues to evolve, with potential implications for both political dynamics and the broader tech industry. #TrumpVsMusk
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