Donald Trump vs Elon Musk
President Donald Trump said on June 5, 2025, that he asked "crazy" Elon Musk to leave his administration and threatened to take away the tech tycoon's government contracts, as a growing row over the US president's budget bill triggered a bitter public divorce with his top donor.
Image: AFP / IOL Graphics
By Danny KEMP
Donald Trump and Elon Musk's unlikely political marriage exploded in a fiery public divorce Thursday, with the US president threatening to strip the billionaire of his huge government contracts in revenge.
Trump said in a televised Oval Office diatribe that he was "very disappointed" after his former aide and top donor criticised his "big, beautiful" spending bill before Congress.
The pair then hurled insults at each other on social media -- with Musk even posting, without proof, that Trump was referenced in government documents on disgraced financier and sex offender Jeffrey Epstein.
The row could have major political and economic fallout, as shares in Musk's Tesla car company plunged and the South African-born tech tycoon vowed that he would end a critical US spaceship program.
Speculation had long swirled that a relationship between the world's richest person and its most powerful could not last long -- but the speed of the meltdown took Washington by surprise.
"I'm very disappointed in Elon. I've helped Elon a lot," Trump told reporters in the Oval Office as visiting German Chancellor Friedrich Merz looked on silently.
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"Elon and I had a great relationship. I don't know if we will anymore."
A hurt-sounding Trump, 78, noted in a 10-minute diatribe that it had been only a week since he hosted a grand farewell for Musk as he left the cost-cutting Department of Government Efficiency (DOGE).
Trump later called Musk "crazy" and insisted he had asked the tycoon to leave because he was "wearing thin." 'Ingratitude'
Musk hit back in real time on his X social media platform, saying the Republican would not have won the 2024 election without him and slamming Trump for "ingratitude."
As the spat got increasingly vindictive, Musk also posted that Trump "is in the Epstein files," referring to US government documents on Epstein, whose 2019 jail cell suicide, while awaiting trial, sparked a major conspiracy theory.
"Have a nice day, DJT!" added Musk.
White House Press Secretary Karoline Leavitt told AFP that Musk's Epstein tweet "is an unfortunate episode from Elon, who is unhappy with the 'One Big Beautiful Bill' because it does not include the policies he wanted."
Musk, who was Trump's biggest campaign donor to the tune of $300 million, separately claimed the Republican would not have won the 2024 election without his support and accused him of "such ingratitude."
He replied "yes" to a post suggesting Trump should be impeached, and blasted Trump's global tariffs for risking a recession.
Trump finally suggested hitting the "crazy" entrepreneur where it hurts, threatening Musk's multibillion-dollar government contracts including for launching rockets and for the use of the Starlink satellite service.
"The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts," Trump said on Truth Social.
Again Musk fired back, with the SpaceX chief saying he would begin "decommissioning" his company's Dragon spacecraft -- vital for ferrying NASA astronauts to and from the International Space Station -- in response.
In light of the President's statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately pic.twitter.com/NG9sijjkgW — Elon Musk (@elonmusk) June 5, 2025
He later appeared to walk that back, replying to a user on Twitter: "OK, we won't decommission Dragon," though his tone was unclear. 'Abomination'
When the crossfire finally relented after several astonishing hours, Tesla had seen more than $100 billion wiped off the company's value.
Trump and Musk's whirlwind relationship had initially blossomed, with the president backing DOGE's cost-cutting rampage through the US government and the tycoon sleeping over at the White House and traveling on Air Force One.
But the 53-year-old ultimately lasted just four months on the job, becoming increasingly disillusioned with the slow pace of change and clashing with some of Trump's cabinet members.
The two men had however kept tensions over Trump's tax and spending mega-bill relatively civil -- until Musk described the plan, the centerpiece of Trump's domestic policy agenda for his second term, as an "abomination" because he says it will increase the US deficit.
Washington will now intently watch the fallout from the row.
Musk posted a poll on whether he should form a new political party -- a seismic threat from a man who has signaled he is ready to use his wealth to unseat Republican lawmakers who disagree with him.
Trump ally Steve Bannon -- a vocal opponent of Musk -- meanwhile called for the tycoon to be deported, the New York Times reported.
AFP
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IOL News
an hour ago
- IOL News
Trump says Musk has 'lost his mind' as feud fallout mounts
US President Donald Trump said that Elon Musk had "lost his mind" but insisted he wanted to move on from the fiery split with his billionaire former ally. US President Donald Trump said that Elon Musk had "lost his mind" but insisted he wanted to move on from the fiery split with his billionaire former ally. The blistering public break-up between the world's richest person and the world's most powerful is fraught with political and economic risks all around. Trump had scrapped the idea of a call with Musk and was even thinking of ditching the red Tesla he bought at the height of their bromance, White House officials told AFP. "Honestly, I've been so busy working on China, working on Russia, working on Iran... I'm not thinking about Elon Musk, I just wish him well," Trump told reporters aboard Air Force One en route to his New Jersey golf club late Friday. Earlier, Trump told US broadcasters that he now wanted to focus instead on passing his "big, beautiful" mega-bill before Congress -- Musk's harsh criticism of which had sparked their break-up. But the 78-year-old Republican could not stop himself from taking aim at his South African-born friend-turned-enemy. "You mean the man who has lost his mind?" Trump said in a call with ABC when asked about Musk, adding that he was "not particularly" interested in talking to the tycoon. Trump later told Fox News that Musk had "lost it." Just a week ago, Trump gave Musk a glowing send-off as he left his cost-cutting role at the so-called Department of Government Efficiency (DOGE) after four months working there. 'Very disappointed' While there had been reports of tensions, the sheer speed at which their relationship imploded stunned Washington. After Musk called Trump's spending bill an "abomination" on Tuesday, Trump hit back in an Oval Office diatribe on Thursday in which he said he was "very disappointed" by the entrepreneur. Trump's spending bill faces a difficult path through Congress as it will raise the US deficit, while critics say it will cut health care for millions of the poorest Americans. The row then went nuclear, with Musk slinging insults at Trump and accusing him without evidence of being in government files on disgraced financier and sex offender Jeffrey Epstein. Trump hit back with the power of the US government behind him, saying he could cancel the SpaceX boss's multi-billion-dollar rocket and satellite contracts. Trump struck a milder tone late Friday when asked how seriously he is considering cutting Musk's contracts. "It's a lot of money, it's a lot of subsidy, so we'll take a look -- only if it's fair. Only if it's to be fair for him and the country," he said. Musk apparently also tried to de-escalate social media hostilities. The right-wing tech baron rowed back on a threat to scrap his company's Dragon spacecraft -- vital for ferrying NASA astronauts to and from the International Space Station. And on Friday, the usually garrulous poster kept a low social media profile on his X social network. But the White House denied reports that they would talk. "The president does not intend to speak to Musk today," a senior White House official told AFP. A second official said Musk had requested a call. Tesla giveaway? Tesla stocks tanked more than 14 percent on Thursday amid the row, losing some $100 billion of the company's market value, but recovered partly on Friday. Trump is now considering either selling or giving away the cherry red Tesla S that he announced he had bought from Musk's firm in March. The electric vehicle was still parked on the White House grounds on Friday. "He's thinking about it, yes," a senior White House official told AFP when asked if Trump would sell or give it away. Trump and Musk had posed inside the car at a bizarre event in March, when the president turned the White House into a pop-up Tesla showroom after viral protests against Musk's DOGE role. But while Trump appeared to hold many of the cards, Musk also has some to play. His wealth allowed him to be the biggest donor to Trump's 2024 campaign, to the tune of nearly $300 million. Any further support for the 2026 midterm election now appears in doubt -- while Musk could also use his money to undermine Trump's support on the right. IOL News