Elon Musk has publicly called for the impeachment of President Donald Trump, signaling a dramatic collapse in their once-strong alliance. The conflict escalated after Musk condemned Trump’s proposed “One Big Beautiful Bill,” a massive tax and spending package that Musk claims would significantly increase the national debt.
Musk accused Trump of pushing a reckless agenda, calling the bill a “disgusting abomination” and asserting that he had no prior knowledge of its contents despite his previous government role. In response, Trump criticized Musk’s outburst and threatened to cancel federal contracts benefiting Musk’s companies, including Tesla and SpaceX.
Tensions spiked further when Musk supported a post on social media advocating for Trump’s removal and Vice President JD Vance’s succession. Musk also made a controversial claim that Trump’s name appears in unreleased files linked to Jeffrey Epstein—an accusation the White House has denied.
The feud has already had financial consequences. Tesla shares dropped sharply, losing over 14% of their value and wiping out more than $150 billion in market capitalization. Musk has also hinted at suspending SpaceX’s Dragon spacecraft operations, raising concerns about the future of NASA and defense-related space launches.
This political and corporate fallout highlights the volatility of personal alliances at the highest levels of power, with national policy, global markets, and public trust hanging in the balance.