Trump and Musk publicly attack each other on social media, causing a $152B market loss. From betrayal to blame, here’s what both powerful men said.
In a surprising late-night twist between June 5 and 6, former U.S. President Donald Trump and tech billionaire Elon Musk—once allies—turned against each other publicly. Both took to their favorite platforms—Trump on TruthSocial and Musk on X—to throw sharp accusations. Furthermore this social media war wasn’t just drama; it had serious financial fallout. Musk’s company stock dropped by 14%, wiping out nearly $152 billion in market value.
Here’s a breakdown of what both Trump and Musk said:
Trump’s Explosive Claims
1. Called Elon “Crazy”
Trump called Musk ‘crazy’ and said he told him to leave. He claimed Elon lost his cool after Trump removed the electric vehicle (EV) mandate. He believes Musk is mad simply because his companies lost government support.
2. Said He Felt Betrayed
Trump expressed regret, saying he helped Musk in many ways and never expected this: “We had a strong connection. I didn’t think it would end like this. I’m honestly surprised,” he said.
3. Blamed Musk for Staying Silent Earlier
Trump accused Musk of being fully aware of his administration’s tax and spending decisions. He said Musk never raised concerns at the time, only after Trump left office.
4. Threatened to End Federal Deals
Trump didn’t stop there. He threatened to cancel all contracts and federal funding given to Musk’s companies, saying it would save the U.S. government billions. He added, “Honestly, Biden should have done this long ago.”
5. Claimed Musk Just Wants EV Handouts
According to Trump, Musk is mad because his EV business isn’t doing well, and he wants more subsidies: “He knew this from day one. Nothing new.”
Musk’s Fierce Response
1. Denied Knowing About the Spending Bill
Musk hit back, saying no one ever showed him the bill Trump mentioned. He claimed lawmakers rushed it through so quickly that even Congress didn’t have time to read it properly.
2. Claimed He Helped Trump Win in 2024
Musk took credit for Trump’s 2024 victory, saying without his support, Trump would have lost the presidency and Republicans would have struggled in Congress.
3. Said Trump Lacks Gratitude
Elon didn’t hold back, calling Trump “ungrateful” for everything he believes he’s done to help him politically.
4. Agreed That Trump Should Be Impeached
When someone on X suggested Trump should be impeached and replaced by JD Vance, Musk simply replied: “Yes.”
5. Suggested Trump’s Name Is in Epstein Files
Musk made one of the most shocking claims, hinting that sealed Epstein documents might include Trump’s name—and that’s why officials haven’t released those files yet.
6. Threatened to Shut Down SpaceX Dragon Program (Then Walked It Back)
Reacting to Trump’s talk about cutting contracts, Musk announced that SpaceX would begin shutting down the Dragon spacecraft. But after someone suggested he calm down and take a few days, Musk agreed and said, “Good advice. We’re not decommissioning it for now.”
When Power Collides With Ego
Two of the world’s most powerful figures came together once, but when their personal interests no longer aligned, they drifted apart. Musk even claimed Trump won the presidency because of him—and without his help, Trump would’ve lost. He went so far as to say JD Vance would make a better president than Trump.
Now, the big question is: who will benefit from this feud—and who will suffer?
As they say, no one stands with you without a reason. This is a world built on self-interest, and the public fight between Trump and Musk has made that crystal clear.
Final Thoughts
This public breakdown between Trump and Musk has turned into one of the most dramatic political-tech feuds in recent memory. What started as a personal clash is now affecting billion-dollar markets and could have serious consequences for politics, business, and space innovation going forward.