
As Trump and Musk's fallout deepens, has the president finally met his match?
Donald Trump has torn down every opponent who has stood in the way of his political ambitions. In Elon Musk, he may have met his match.
The formidable powers that these two American titans can bring to bear in a full-throated feud suggest that a truce is the most sensible outcome.
But sense was in short supply during a pyrotechnic clash of planetary-sized egos this week that may have ramifications far beyond terrestrial confines and reach into both men's ambitions to conquer space.
No mere politician has been able to withstand the full force of Trump's displeasure and plenty of Republican careers have been cut short by the president mobilising his loyal supporters against them.
But the world's wealthiest man is in a different league. He has a powerful platform in X, formerly Twitter, to insist the emperor has no clothes that could cut through to Trump's base like no Democrat or 'Rino' (Republican in name only) can, as Trump labels detractors in his own party.
Both men own social media sites and conducted their extraordinary break-up in posts aimed at the other on their own respective platforms. This proved costly to their personal fortunes — on Thursday shares in Musk's Tesla car company fell by 14.26 per cent, wiping more than $150 billion off its stock market value, while Trump Media & Technology dropped 8.04 per cent, erasing around $500 million.
Musk, who has 220.5 million followers on X, proved the more relentless, in a warning sign to Trump, who has 9.86 million followers on Truth Social and has not posted on X since Tuesday.
That was the day when Musk snapped, calling the One Big Beautiful Bill that contains all of Trump's tax cuts a 'disgusting abomination'. He followed it with a warning that 'in November next year, we fire all politicians who betrayed the American people'. On Thursday he asked: 'Is it time to create a new political party in America that actually represents the 80 pert cent in the middle?'
However, Musk does not have the same hold over voters as Trump, as shown by his attempt to sway a Wisconsin supreme court judge election which the Democrats romped after turning it into a 'People vs Musk' campaign. But Musk does command support from an influential and wealthy tech community, who were rallying to him on Thursday, and his fortune gives him huge clout in the US system of unlimited election spending. He gave $250 million to help Trump in 2024 and claims this was decisive.
Just four Republican senators are required to sink the One Big Beautiful Bill given the slender majority in the upper chamber and Musk's vocal opposition and financial support could provide some extra fortitude for those thinking of standing up to Trump's formidable powers of persuasion.
Trump's usual approach to truly powerful adversaries is to sound tough from a distance but then make nice in person. This has been the pattern of his interactions with President Putin of Russia and President Xi of China.
But he has not faced a domestic adversary like Musk, who has more money, bigger companies, more social media reach, little political ambition of his own and is unpredictable and uncompromising. All these factors led Susie Wiles, Trump's chief-of-staff, to try and keep him out of the West Wing to avoid becoming a disruptive influence.
Musk is now fighting for his reputation, which has imploded with his natural constituency of liberal America following his 'bromance' with Trump and government cost-cutting. High-profile figures including Bono, the U2 singer, accuse him of responsibility for hundreds of thousands of deaths in Africa for dismantling the US Agency for International Development.
Musk's companies have received $38 billion in federal funds, much of it going to SpaceX. Trump mused on Truth Social: 'The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts.'
But there are also some damaging moves Musk could make, such as downplaying or 'shadowbanning' Trump-supporting voices on X while promoting and funding political rivals. Scaling back SpaceX co-operation with Nasa would sink Trump's extraterrestrial ambitions.
Trump was applauded when he said in his inaugural address that: 'We will pursue our manifest destiny into the stars, launching American astronauts to plant the Stars and Stripes on the planet Mars.'
Most of those involved in the space exploration business know this is a fantasy within Trump's term but no-one appears to have told him.
• Gerard Baker: Elon Musk was destined to crash out of Trumpworld
Musk's Dragon spacecraft are the only ones in America capable of ferrying astronauts to the International Space Station. In response to Trump's threat, on Thursday he posted: 'In light of the President's statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately.'
True or bluff? That's straight out of Trump's playbook.
Musk's own Mars ambitions include an unmanned mission arriving in 2027, funded by profits from his Starlink satellite business. The ultimate act of one-upmanship would be for SpaceX to land an Optimus 'Tesla Bot' robot on Mars without Nasa and deny Trump the chance to claim it as his own achievement.
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