Elon Musk has ignited a high-profile feud with President Donald Trump, claiming that without his support, Trump would not have secured a second term in the 2024 election. The dispute centers on a controversial government spending proposal dubbed the “One Big Beautiful Bill,” which Musk has publicly condemned.
Once appointed to lead a government efficiency office during Trump’s administration, Musk has since turned into one of the most vocal critics of the proposed legislation. He argued that the bill is fiscally irresponsible and would balloon the national deficit, calling it a betrayal of conservative values.
Musk also accused Trump of forgetting who helped him win, pointing to his financial contributions and public backing during the campaign. The entrepreneur suggested that his endorsement swayed voters and warned that dismissing his influence would be a major political misstep.
Trump, in turn, dismissed Musk’s criticism and hinted that the billionaire’s frustration stems from reduced incentives for electric vehicles within the bill—changes that would directly affect Musk’s companies. Trump has even suggested reconsidering federal contracts tied to Musk’s ventures, including major government deals with SpaceX.
The clash has quickly escalated online, with Musk calling for Trump’s impeachment and suggesting damaging revelations may surface. The public dispute has already rippled across markets, notably impacting Tesla’s stock.
What began as a powerful alliance is now unraveling in a bitter, high-stakes political standoff, just as the administration prepares to push forward with the heavily contested spending plan.