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The feud between Donald Trump and Elon Musk is escalating, with massive political and financial implications. Here are the key points ¹:
- The Fallout: Trump dumped his Tesla Model S, a symbol of his support for Musk, sparking a public feud. Musk had spent $275 million supporting Trump's 2024 run, with another $100 million pledge for pro-Trump groups ahead of 2026.
- Behind-the-Scenes Tension: Musk walked back a threat to pull SpaceX's Dragon missions for NASA, a crucial federal contract, indicating he knows pushing too hard could be bad for business.
- Peacemaking Efforts: Billionaire Bill Ackman urged the two to bury the hatchet "for the benefit of our great country." Musk responded casually, "You're not wrong," but tensions remain.
- Financial Implications: Musk's companies, including Tesla, SpaceX, and Neuralink, have received billions in federal contracts. Trump's threats to cut these deals could cause financial pain for Musk.
- US Vice President's Take: JD Vance believes Musk is making a "huge mistake" by feuding with Trump and hopes the Tesla CEO will "come back into the fold." Vance thinks the spat isn't in the national interest and worries reconciliation might not be possible now that Musk has gone "nuclear".
This public feud could reshape the political landscape and impact the future of US tech and federal spending.
#TrumpVsMusk #EDGENLiveOnAlpha #TrumpVsMusk
$BTC
$TRUMP

The once-cordial relationship between Donald Trump and Elon Musk has taken a dramatic turn, with both billionaires engaging in a public spat. Here's a breakdown of their fight ¹ ² ³:
-The Fallout: Musk criticized Trump's "One Big Beautiful Bill" as a "disgusting abomination" filled with wasteful spending. Trump responded, expressing disappointment in Musk and threatening to terminate government contracts and subsidies for Musk's companies.
- Personal Attacks: Musk accused Trump of being mentioned in the Jeffrey Epstein files, a claim Trump hasn't directly addressed. Trump retaliated, saying Musk has "Trump derangement syndrome" and that he asked Musk to leave after he became "wearing thin".
- Business Impact: Tesla's stock plummeted over 14%, wiping out approximately $152 billion in market value and costing Musk $8.73 billion in personal wealth.
- Twitter Spat: The feud escalated on social media, with Musk responding to Trump's criticism with a series of posts, including a claim that Trump wouldn't have won the election without his support.
- Decommissioning Dragon Spacecraft: Musk announced plans to decommission SpaceX's Dragon spacecraft in response to Trump's threat, but later backtracked, saying "Good advice. Ok, we won't decommission Dragon".
Key Quotes
- Musk on Trump's Bill: "A bill can be big or it could be beautiful, but I don't know if it could be both."
- Trump on Musk: "Elon was 'wearing thin,' I asked him to leave... and he just went CRAZY!"
- Musk on Trump's Tariffs: "The Trump tariffs will cause a recession in the second half of this year."
Implications
- The feud could reshape Republican politics ahead of 2026 and beyond.
- The breakdown in their relationship may impact Tesla's business and Musk's influence over tech and space policy.
- The public spat highlights the deepening divisions within the GOP's big-money donor base ³.
#TrumpVsMusk #TRUMP #Musk #ElonMusk. #TrumpvsElonmusk

Donald Trump and Elon Musk have ended their relationship due to disagreements over Trump's tax bill. Trump claims Musk is upset because the bill removes electric vehicle tax credits, which Musk's business benefits from. Musk, however, argues that the bill is a "disgusting abomination" filled with wasteful spending and that he wasn't even shown the bill before it was passed.
Key Points:
- Tax Bill Disagreement: Trump says Musk knew about the EV tax credit cuts beforehand, while Musk denies this, saying the bill was passed too quickly for anyone to read.
- Musk's Reaction: Musk responded with a series of posts on X, calling the bill "big and ugly" and suggesting it should be slimmed down to remove unnecessary spending.
- Campaign Funding: Musk was Trump's largest campaign donor, contributing over $250 million to his 2024 reelection effort.
- NASA Nomination: Biographer Walter Isaacson reveals that Trump's officials blocked Musk's preferred NASA nominee, Jared Isaacman, which Musk saw as a personal betrayal.
- Tesla Stock Impact: Tesla's stock dropped about 4% following the public feud, with shares now down over 20% for the year.
The feud escalated rapidly, with both billionaires exchanging public jabs. Trump suggested Musk misses being in the White House and has "Trump derangement syndrome," while Musk claimed Trump wouldn't have won the election without his support ¹.
#TrumpFightElon #Trumpfight #TRUMP #ElonMusk. #ElonMuskTalks

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Donald Trump is ramping up his criticism of Federal Reserve Chair Jerome Powell, citing the latest jobs data as evidence that interest rates should be lowered. The ADP report showed only 37,000 new private sector jobs in May, far below the expected 110,000. Trump took to Truth Social, saying "‘Too Late’ Powell must now LOWER THE RATE. He is unbelievable!!! Europe has lowered NINE TIMES!”
Key Points of Contention:
Interest Rates: Trump believes the Fed should lower interest rates to boost economic growth, while Powell maintains that monetary policy should be guided by economic data, not politics.
Global Comparison:
Trump points to Europe's recent rate cuts (eight times since June 2024) as proof that the Fed is out of step, citing cooling inflation and sluggish growth in the eurozone.
Job Market:
The US job market has shown signs of weakness, with the ADP report's low job numbers adding to Trump's frustration.
Powell's Response and Trump's Threats
- Powell pushed back against Trump's criticism, reiterating that monetary policy decisions are data-driven, not politically motivated.
- Trump has previously hinted at firing Powell before his term ends in May 2026, but later walked back the threat, saying he had "no intention" of doing so ¹.
#TRUMP #TrumpIntensifiesAttacks #TrumpTariffs #TrendingTopic #crypto