Elon Musk and President Trump in the Oval Office last week. Haiyun Jiang for The New York Times
Today the U.S. political world was consumed today by a public fight between President Donald J. Trump and his former sidekick, billionaire Elon Musk. Musk invested about $290 million into the 2024 election, vowing to elect Trump in order to get rid of government investigations into his businesses he worried would “take [him] down.”
When Trump took office, Musk became a fixture in the White House, attending Cabinet meetings and heading the “Department of Government Efficiency.” That group set out to kill government programs by withholding congressionally approved funds at the same time that its staff sucked up information on Americans that could feed the training of artificial intelligence and killed the investigations into his businesses Musk had worried about.
In February, Musk posted on social media: “I love [Donald Trump] as much as a straight man can love another man.”
But Musk overstepped boundaries and overstayed his welcome even as his antics hurt sales of his signature car, the Tesla, inspiring Trump to do a car commercial for him on the White House grounds. Just a week ago, Musk officially left the White House on the same day that an article in the New York Times documented his heavy drug use on the campaign.
Then, on Tuesday, June 3, he took a public stand against the omnibus bill Trump desperately wants Congress to pass, posting on X: “I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it.”
And with that, the falling out began.
This morning, Trump told reporters he was “disappointed” in Musk. Ron Filipkowski of Meidas followed the saga from there.
“Without me, Trump would have lost the election, Dems would control the House, and the Republicans would be 51–49 in the Senate,” Musk wrote. “Such ingratitude.”
Trump then suggested that “The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!”
Musk promptly said he would begin decommissioning SpaceX’s spacecraft, which supply the International Space Station.
The two men continued to go back and forth, with Musk saying that “Donald Trump is in the Epstein files,” a reference to the records compiled by convicted sex offender Jeffrey Epstein, with whom Trump was friendly. Musk also said Trump's tariffs will cause a recession, and agreed with another poster who suggested that Trump should be impeached and replaced with Vice President J.D. Vance.
Trump responded to that attack far more weakly than one would have expected, simply turning back to the omnibus bill and insisting it “is one of the Greatest Bills ever presented to Congress.”
Musk’s behavior is erratic in its own right, but if there is anything but pique behind it, it appears he is threatening Trump by making a play to control the Republican Party. In response to a post by conspiracy theorist Laura Loomer suggesting that Republican lawmakers are unsure if they should side with Trump or Musk, Musk wrote: “Oh and some food for thought as they ponder that question: Trump has 3.5 years left as President, but I will be around for 40+ years.”
It’s quite a gamble, since Trump controls the government contracts on which Musk’s fortune was built and on which he still relies. Some MAGA loyalists appear to see the fight as a victory for Trump and are thrilled to see Musk’s star fall. MAGA influencer Steve Bannon told Tyler Pager of the New York Times that he has advised Trump to cancel all of Musk’s federal contracts and launch a formal investigation of his drug use and his immigration status.
Kylie Robison and Aarian Marshall of Wired noted that TrumpCoin lost more than $100 million in value during the fight. Tesla stock lost $152 billion of value from its market capitalization,