The public fallout between Elon Musk and President Donald Trump escalated dramatically, marking a significant split in their previously supportive relationship.
Trump expressed disappointment in Musk after the tech mogul criticized his major spending bill, leading to a heated exchange of insults on social media.
Musk accused Trump of ingratitude, claiming his support was crucial for Trump’s 2024 election prospects. The conflict has potential political and economic repercussions, with Tesla’s stock value plummeting by over $100 billion.
Trump threatened to revoke Musk’s lucrative government contracts, including those for SpaceX and Starlink, while Musk hinted at decommissioning the Dragon spacecraft, essential for NASA missions.
The tension arose after Musk labeled Trump’s spending plan an “abomination,” igniting a public dispute that surprised many in Washington.
Despite the turmoil, Trump downplayed the feud, stating it was “going very well.” A call was scheduled between the White House and Musk to address the situation.
The fallout from this rift could reshape political dynamics, as Musk even suggested forming a new political party, posing a challenge to Republican lawmakers. Meanwhile, Trump ally Steve Bannon called for Musk’s deportation, highlighting the growing divide between the two influential figures.
AFP
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