WTF?! When the president of the US and the world’s richest individual have a falling out, the ramifications could be widespread. Since Musk and Trump went from buddies to enemies, $152 billion has been wiped off Tesla’s share value, and Musk has threatened to decommission the SpaceX Dragon spacecraft that NASA depends on to ship crew to and from the Worldwide Area Station. Musk has additionally mentioned that Trump seems in recordsdata referring to Jeffrey Epstein.

When he left the White House final week, Musk blasted those that mentioned he’d had a falling out with Trump. The CEO insisted his departure was resulting from his scheduled 130 days as a authorities worker coming to an finish. However Musk had been publicly criticizing Trump’s Massive Lovely Invoice Act, warning it could improve the price range deficit.

After studying that an electric-vehicle tax credit score that will assist incentivize Tesla purchases was not included within the invoice, Musk known as it “a disgusting abomination” on X and urged Individuals to name Congress to have the invoice killed.

On Thursday, the 2 males used their respective social media platforms to throw insults at one another. At one level, Trump threatened to “terminate Elon’s Governmental Subsidies and Contracts” as a option to slash billions of {dollars} from the price range.

The warning despatched Tesla’s shares down simply over 14%, wiping round $152 billion off its valuation – and virtually $100 billion off Musk’s complete web value.

In response to Trump’s menace to cancel Musk’s authorities contracts, Musk mentioned SpaceX will start decommissioning its Dragon spacecraft instantly. The craft, which NASA depends on for transport missions together with ferrying astronauts to the ISS, is beneath contract value roughly $4.9 billion. The capsule is the one US spacecraft able to flying people into orbit. The one different crewed spacecraft that sends astronauts to the ISS is Russia’s Soyuz system.

Nonetheless, after an X person informed him to “cool off,” Musk wrote, “Okay, we can’t decommission Dragon.”

Because the confrontation has grown, Musk mentioned Trump’s controversial tariffs will trigger a recession within the second half of this 12 months. However his “actually massive bomb” was an allegation that Trump seems within the recordsdata of pedophile financier Jeffrey Epstein, who killed himself in his jail cell in August 2019 whereas awaiting trial.

Musk has additionally shared a submit calling for Trump’s impeachment and posted a ballot asking if a brand new political get together must be created within the US that “really represents the 80% within the center.” 81% of the 4.4 million respondents have voted sure.

One has to marvel if Musk believes his time within the White Home was value it. Past his reputational injury, his firms have suffered by affiliation. Tesla gross sales have been down 50% final month, and there have been protests and assaults on dealerships. The corporate’s share value is down 40% from its all-time excessive on December 17, 2024, earlier than Musk was a part of DOGE.




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