On June, Elon Musk ignited political controversy by blasting the latest Congressional spending bill as a “disgusting abomination” on his social platform X, sharply criticizing both the bill’s size and its “pork-filled” nature. Musk’s post quickly went viral, fueling a heated public exchange with President Donald Trump, who championed the legislation as a signature achievement.
The dispute escalated throughout the week, with Musk accusing lawmakers of reckless spending and warning that the bill would increase the federal deficit by $2.5 trillion. Trump, in turn, defended the bill on his own network, Truth Social, and threatened to cut off government contracts with Musk’s companies, marking a dramatic rift between two of the most influential figures in American business and politics.
Observers noted the unusual spectacle of the nation’s richest man and its president trading barbs across rival social media platforms. As the feud intensified, both Tesla and Trump Media stocks saw declines, highlighting the real-world impact of their online clash.
With the spending bill now under Senate review, the fallout from this high-profile dispute is being closely watched in Washington and on Wall Street.
