Elon Musk supported Donald Trump’s 2024 presidential campaign, reportedly spending around $290 million and using his platform X to amplify Republican messaging. After Trump’s victory, he appointed Musk to co-lead the newly formed Department of Government Efficiency (DOGE). Musk participated in major administration events and made public appearances with Trump through early 2025.
Disagreement Over Domestic Legislation
Musk’s tenure as a government adviser ended on May 30, 2025. Shortly afterward, he criticized Trump’s proposed tax and spending package—known as the “One Big Beautiful Bill”—arguing that it would increase the national deficit. On June 3, he began using X to encourage lawmakers to oppose the bill.
Public Dispute Becomes Personal
On June 5, Trump responded publicly, suggesting Musk was motivated by the bill’s removal of electric vehicle tax credits. Musk replied via X, stating that Trump’s success in 2024 depended heavily on his support and alleged, without evidence, that Trump’s name appeared in unreleased Jeffrey Epstein files. He also reposted calls for Trump’s impeachment.
Financial Consequences
Trump announced potential cuts to government contracts with Musk’s companies. In response, Musk stated that SpaceX would begin decommissioning its Dragon spacecraft. That same day, Tesla’s stock dropped 14%, reducing the company’s market value by approximately $152 billion. NASA issued statements to reassure continuity in its operations.
Unresolved Tensions
The situation has affected legislation, government-industry relations, and internal Republican dynamics. While Musk continues to speak out against the bill and Trump’s leadership, the administration has not confirmed any connection between Trump and the Epstein documents. As of early June 2025, the conflict remains ongoing with no formal resolution.
