{"id":9701,"date":"2025-06-06T09:05:11","date_gmt":"2025-06-06T09:05:11","guid":{"rendered":"https:\/\/ipp-news.com\/?p=9701"},"modified":"2025-06-06T09:05:11","modified_gmt":"2025-06-06T09:05:11","slug":"trump-musk-feud-explodes-with-threats-of-cutting-contracts-backing-impeachment","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=9701","title":{"rendered":"Trump, Musk feud explodes with threats of cutting contracts, backing impeachment"},"content":{"rendered":"<div>President Donald Trump threatened on Thursday to cut off government contracts with billionaire Elon Musk&#8217;s companies, while Musk suggested Trump should be impeached, turning their bromance into an all-out brawl on social media.<\/p>\n<p>The hostilities began when Trump criticized Tesla CEO Musk in the Oval Office.<\/p>\n<p>Within hours, the once-close relationship had disintegrated in full public view, as the world&#8217;s most powerful man and its richest launched personal barbs at one another on Trump&#8217;s Truth Social and Musk&#8217;s X.<\/p>\n<p>&#8220;The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon&#8217;s Governmental Subsidies and Contracts,&#8221; Trump posted on Truth Social.<\/p>\n<p>Wall Street traders dumped shares of Musk&#8217;s electric vehicle maker and Tesla closed down 14.3%, losing about $150 billion in market value.<\/p>\n<p>It was Tesla&#8217;s largest single-day decline in value in its history.<\/p>\n<p>Minutes after the closing bell, Musk replied, &#8220;Yes,&#8221; to a post on X saying Trump should be impeached.<\/p>\n<p>Trump&#8217;s Republicans hold majorities in both chambers of Congress and are highly unlikely to impeach him.<\/p>\n<p>The trouble between the two started brewing days ago, when Musk denounced Trump&#8217;s sweeping tax-cut and spending bill.<\/p>\n<p>Yes https:\/\/t.co\/rqRsX8B4Hg<br \/>\n\u2014 Elon Musk (@elonmusk) June 5, 2025<\/p>\n<p>The president initially held his tongue while Musk campaigned to torpedo the bill, saying it would add too much to the nation&#8217;s $36.2 trillion in debt.<\/p>\n<p>Trump broke his silence on Thursday, telling reporters in the Oval Office he was &#8220;very disappointed&#8221; in Musk.<\/p>\n<p>&#8220;Look, Elon and I had a great relationship. I don&#8217;t know if we will anymore,&#8221; Trump said.<\/p>\n<p>While Trump spoke, Musk responded with increasingly acerbic posts on X.<\/p>\n<p>&#8220;Without me, Trump would have lost the election,&#8221; wrote Musk, who spent nearly $300 million backing Trump and other Republicans in last year&#8217;s election. &#8220;Such ingratitude.&#8221;<\/p>\n<p>In another post, Musk asserted that Trump&#8217;s signature tariffs would push the U.S. into a recession later this year.<\/p>\n<p>Besides Tesla, Musk&#8217;s businesses include rocket company and government contractor SpaceX and its satellite unit Starlink.<\/p>\n<p>Musk, whose space business plays a critical role in the US government&#8217;s space program, said that as a result of Trump&#8217;s threats he would begin decommissioning SpaceX&#8217;s Dragon spacecraft.<\/p>\n<p>Dragon is the only US spacecraft currently capable of sending astronauts to the International Space Station.<\/p>\n<p>Hours later, Musk appeared to reverse that move. Responding to a follower on X urging Musk and Trump to &#8220;cool off and take a step back for a couple of days,&#8221; Musk wrote: &#8220;Good advice. Ok, we won&#8217;t decommission Dragon.&#8221;<\/p>\n<p>In another possible sign of de-escalation on Thursday evening, Musk separately posted, &#8220;You&#8217;re not wrong,&#8221; in response to hedge fund manager Bill Ackman saying Trump and Musk should make peace.<\/p>\n<p>In light of the President\u2019s statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately pic.twitter.com\/NG9sijjkgW<br \/>\n\u2014 Elon Musk (@elonmusk) June 5, 2025<\/p>\n<p>Pugilistic pair<\/p>\n<p>The feud was not entirely unexpected.<\/p>\n<p>Trump and Musk are both political pugilists with sizable egos and a penchant for using social media to punch back against their perceived enemies, and many observers had predicted an eventual falling out.<\/p>\n<p>Even before Musk&#8217;s departure from the administration last week, his influence had waned following a series of clashes with cabinet members over his cuts to their agencies.<\/p>\n<p>For Trump, the fight was the first major rift he has had with a top adviser since taking office for a second time, after his first term was marked by numerous blow-ups.<\/p>\n<p>Trump parted ways with multiple chiefs of staff, national security advisers and political strategists during his 2017-2021 White House tenure. A few, like Steve Bannon, remained in his good graces, while many others, like U.N. Ambassador John Bolton, became loud and vocal critics.<\/p>\n<p>After serving as the biggest Republican donor in the 2024 campaign season, Musk became one of Trump&#8217;s most visible advisers as head of the Department of Government Efficiency, which mounted a sweeping and controversial effort to downsize the federal workforce and slash spending.<\/p>\n<p>Musk was frequently present at the White House and made multiple appearances on Capitol Hill, sometimes carrying his young son.<\/p>\n<p>Only six days before Thursday&#8217;s blowup, Trump and Musk held an appearance in the Oval Office where Trump praised Musk&#8217;s government service and both men promised to continue working together.<\/p>\n<p>A prolonged feud between Trump and Musk could make it more difficult for Republicans to keep control of Congress in next year&#8217;s midterm elections.<\/p>\n<p>In addition to his campaign spending, Musk has a huge online following and helped connect Trump to parts of Silicon Valley and wealthy donors.<\/p>\n<p>Musk had already said he planned to curtail his political spending in the future.<\/p>\n<p>Soon after Trump&#8217;s Oval Office comments on Thursday, Musk polled his 220 million followers on X: &#8220;Is it time to create a new political party in America that actually represents the 80% in the middle?&#8221;<\/p>\n<p>Is it time to create a new political party in America that actually represents the 80% in the middle?<br \/>\n\u2014 Elon Musk (@elonmusk) June 5, 2025<\/p>\n<p>&#8216;Kill the bill&#8217;<\/p>\n<p>Musk targeted what Trump has named his &#8220;big, beautiful bill&#8221; this week, calling it a &#8220;disgusting abomination&#8221; that would deepen the federal deficit.<\/p>\n<p>His attacks amplified a rift within the Republican Party that could threaten the bill&#8217;s prospects in the Senate.<\/p>\n<p>Call your Senator,<br \/>\nCall your Congressman,<\/p>\n<p>Bankrupting America is NOT ok!<\/p>\n<p>KILL the BILL<br \/>\n\u2014 Elon Musk (@elonmusk) June 4, 2025<\/p>\n<p>Nonpartisan analysts say Trump&#8217;s bill could add $2.4 trillion to $5 trillion to the nation&#8217;s $36.2 trillion in debt.<\/p>\n<p>Trump asserted that Musk&#8217;s true objection was the bill&#8217;s elimination of consumer tax credits for electric vehicles. The president also suggested that Musk was upset because he missed working for the White House.<\/p>\n<p>&#8220;He&#8217;s not the first,&#8221; Trump said on Thursday. &#8220;People leave my administration&#8230; then at some point they miss it so badly, and some of them embrace it and some of them actually become hostile.&#8221;<\/p>\n<p>Musk wrote on X, &#8220;KILL the BILL,&#8221; adding he was fine with Trump&#8217;s planned cuts to EV credits as long as Republicans rid the bill of &#8220;mountain of disgusting pork&#8221; or wasteful spending.<\/p>\n<p>He also pulled up past quotes from Trump decrying the level of federal spending, adding, &#8220;Where is this guy today?&#8221;<\/p>\n<p>Musk came into government with brash plans to cut $2 trillion from the federal budget. He left last week having cut only about half of 1% of total spending while causing disruption across multiple agencies.<\/p>\n<p>Musk&#8217;s increasing focus on politics provoked widespread protests at Tesla sites in the US and Europe, driving down sales while investors fretted that Musk&#8217;s attention was too divided.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump threatened on Thursday to cut off government contracts with billionaire Elon Musk&#8217;s companies, while Musk suggested Trump should be impeached, turning their bromance into an all-out brawl on social media. The hostilities began when Trump criticized Tesla CEO Musk in the Oval Office. Within hours, the once-close relationship had disintegrated in full [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-9701","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/9701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9701"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/9701\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}