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Posted: 2025-06-06 17:38:22 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-06 17:38:58 UTC
Verified By
Rollup News
A public conflict erupted between Donald Trump and Elon Musk on June 5, 2025, triggered by Musk's criticism of Trump's new budget bill. Musk accused Trump of betrayal and hinted at ties to the Jeffrey Epstein case, while Trump called Musk 'crazy' and threatened to cut government subsidies for Tesla and SpaceX. This clash has sparked speculation about a political fracture between technocrats and populists, potentially reshaping US fiscal priorities and the relationship between tech giants and the government.
Potential alteration of US fiscal priorities
Reshaping the interaction between tech giants and the federal government
Possible split in the Republican base
Market volatility due to personal rivalries turning political
Loss of government support for Tesla
Potential loss of defense contracts for SpaceX and Starlink
Risk of Republican base splitting
Market turbulence and volatility