Elon Musk and Donald Trump Engage in Public Dispute
In early June 2025, a public clash between Elon Musk, CEO of Tesla and SpaceX, and former U.S. President Donald Trump unfolded over the U.S. government's latest spending bill. Musk described the legislation as an "abomination," criticizing its potential to increase the federal deficit. Trump responded by expressing disappointment and attributing Musk's stance to "Trump derangement syndrome," even calling Musk "crazy" and threatening to cancel federal contracts with Musk's companies.
Signs of Potential Reconciliation Emerge on Social Media
Despite their heated exchange, recent posts on X (formerly Twitter) indicate a possible thaw between the two prominent figures. Hedge fund manager Bill Ackman publicly encouraged Musk and Trump to reconcile, emphasizing unity for the country's benefit. Musk responded affirmatively, signaling openness to peace with Trump.
"I support @realDonaldTrump and @elonmusk and they should make peace for the benefit of our great country. We are much stronger together than apart." – Bill Ackman
Elon Musk: "You're not wrong"
Elon Musk: 😂
Government Efforts to Mend Relations
White House officials reportedly arranged a call with Musk seeking to restore normal relations between the businessman and the former president. However, a later update revealed that no scheduled call was confirmed for the immediate future. Meanwhile, Trump downplayed the feud publicly, stating, "Oh it's okay. It's going very well, never done better."
Market Impact of the Feud
The dispute significantly affected Tesla's stock, which experienced its largest single-day value drop, wiping out over $150 billion in market capitalization. Following indications of rapprochement, Tesla shares rebounded by nearly 5 percent in premarket trading but later moderated gains amid uncertain communication about ongoing talks.
Background on Elon Musk's Federal Role
Earlier, Elon Musk held the position of the head of the Department of Government Efficiency (DOGE), tasked with overseeing cuts in federal spending. He stepped down on May 31, 2025, to focus more on his professional engagements.
Summary
The tense confrontation between Elon Musk and Donald Trump in June 2025 stirred considerable attention, impacting markets and prompting efforts for reconciliation. Social media exchanges suggest potential for renewed dialogue, while government officials appear to facilitate communications, highlighting the political and economic significance of their interactions.
