US EditionTrump Escalates Feud with Musk, Threatens to Cut Government Contracts for His Companies
- On Thursday, President Donald Trump publicly threatened to cut government contracts with Elon Musk's companies, including Starlink and SpaceX, using Truth Social.
- This threat followed Musk's public opposition to Trump's tax-cut and spending bill, which Musk criticized for increasing the federal deficit and rolling back electric vehicle tax credits.
- The dispute escalated after Musk accused Trump's administration of withholding Epstein records mentioning the president, and after Trump withdrew Jared Isaacman's NASA nomination promoted by Musk.
- Tesla shares fell over 10%, reducing Musk's personal holdings by about $20 billion, while Musk retorted on social media with statements like "Go ahead, make my day."
- The feud shattered the brief alliance between Trump and Musk, signaling potential financial harm to Musk’s companies and highlighting growing political tensions between the two billionaires.
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While the online feud between Elon Musk and President Donald Trump seemed to drive traffic to Musk’s social media platform X (formerly Twitter), it could also create issues for the platform’s parent company xAI. Musk merged X and xAI earlier this year, with Bloomberg reporting this week that he was looking to raise $5 billion […]
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Total News Sources467
Leaning Left77Leaning Right61Center134Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 28%
C 49%
R 22%
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