The public rift between Elon Musk and President Donald Trump reached new heights this week, with both men trading sharp accusations and threats that could reshape tech, politics, and space exploration. The fallout began after Musk fiercely criticized Trump’s sweeping tax and spending bill, calling it “outrageous” and “a disgusting abomination” for slashing clean energy incentives while preserving oil and gas subsidies.
Trump responded by expressing disappointment in Musk, claiming he “never had a problem” with the bill until electric vehicle subsidies were cut, directly impacting Tesla. In a dramatic Oval Office appearance, Trump declared he was “very disappointed in Elon” and threatened to terminate federal contracts with Musk’s companies as a cost-saving measure He also alleged that Musk was “wearing thin” as a government adviser and had been asked to leave the administration.
Musk fired back on X, denying involvement in the bill’s drafting and asserting, “Without me, Trump would have lost the election.” He went further, supporting calls for Trump’s impeachment and announcing that SpaceX would begin decommissioning its Dragon spacecraft, a move that could disrupt NASA operations and the International Space Station.
The feud has already rattled markets, with Tesla stock plunging over 14%—its largest single-day loss ever—wiping out $150 billion in value As the standoff intensifies, both men appear poised to leverage their influence and resources, leaving the future of government contracts, space policy, and political alliances in limbo.