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Trump, Musk Disagree, Fight Dirty
President Donald Trump threatened on Thursday to cut off government contracts with billionaire Elon Musk‘s companies, while Musk suggested Trump should be impeached, turning their romance into an all-out brawl on social media.
The hostilities began when Trump criticized Tesla CEO Musk in the Oval Office. Within hours, the once-close relationship had disintegrated in full public view, as the world’s most powerful man and its richest launched personal barbs at one another on Trump’s Truth Social and Musk’s X.
“The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts,” Trump posted on Truth Social.
Wall Street traders dumped shares of Musk’s electric vehicle maker and Tesla closed down 14.3%, losing about $150 billion in market value.
It was Tesla’s largest single-day decline in value in its history.
Minutes after the closing bell, Musk replied, “Yes,” to a post on X saying Trump should be impeached.
Trump’s Republicans hold majorities in both chambers of Congress and are highly unlikely to impeach him.
The trouble between the two started brewing days ago, when Musk denounced Trump’s sweeping tax-cut and spending bill. The president initially held his tongue while Musk campaigned to torpedo the bill, saying it would add too much to the nation’s $36.2 trillion in debt.
Trump broke his silence on Thursday, telling reporters in the Oval Office he was “very disappointed” in Musk.
“Look, Elon and I had a great relationship. I don’t know if we will anymore,” Trump said.
As Trump spoke, Musk responded in real time with increasingly acerbic posts on X.
“Without me, Trump would have lost the election,” wrote Musk, who spent nearly $300 million backing Trump and other Republicans in last year’s election.
“Such ingratitude.
”In another post, Musk asserted that Trump’s signature tariffs would push the U.S. into a recession later this year.
Besides Tesla, Musk’s businesses include rocket company and government contractor SpaceX and its satellite unit Starlink.
Musk, whose space business plays a critical role in the U.S. government’s space program, said that as a result of Trump’s threats he would begin decommissioning SpaceX’s Dragon spacecraft.
Dragon is the only U.S. spacecraft capable of sending astronauts to the International Space Station.
The feud was not entirely unexpected. Trump and Musk are both political pugilists with sizable egos and a penchant for using social media to punch back against their perceived enemies, and many observers had predicted an eventual falling out.
Even before Musk’s departure from the administration last week, his influence had waned following a series of clashes with cabinet members over his cuts to their agencies.
For Trump, the fight was the first major rift he has had with a top adviser since taking office for a second time, after his first term was marked by numerous blow-ups.
Trump parted ways with multiple chiefs of staff, national security advisers and political strategists during his 2017-2021 White House tenure.
A few, like Steve Bannon, remained in his good graces, while many others, like Ambassador John Bolton, became loud and vocal critics.
After serving as the biggest Republican donor in the 2024 campaign season, Musk became one of Trump’s most visible advisers as head of the Department of Government Efficiency, which mounted a sweeping and controversial effort to downsize the federal workforce and slash spending.
Musk was frequently present at the White House and made multiple appearances on Capitol Hill, sometimes carrying his young son.
Only six days before Thursday’s blowup, Trump and Musk held a joint appearance in the Oval Office, where Trump praised Musk’s government service and both men promised to continue working together.
A prolonged feud between Trump and Musk could make it more difficult for Republicans to keep control of Congress in next year’s midterm elections.
In addition to his campaign spending, Musk has a huge online following and helped connect Trump to parts of Silicon Valley and wealthy donors.
Musk had already said he planned to curtail his political spending in the future.
Soon after Trump’s Oval Office comments, Musk polled his 220 million followers on X:
“Is it time to create a new political party in America that actually represents the 80% in the middle?”
Musk targeted what Trump has named his “big, beautiful bill” this week, calling it a “disgusting abomination” that would deepen the federal deficit. His attacks amplified a rift within the Republican Party that could threaten the bill’s prospects in the Senate.
Nonpartisan analysts say Trump’s bill could add $2.4 trillion to $5 trillion to the nation’s $36.2 trillion in debt.
Trump asserted that Musk’s true objection was the bill’s elimination of consumer tax credits for electric vehicles.
The president also suggested that Musk was upset because he missed working for the White House.“He’s not the first,” Trump said on Thursday.
“People leave my administration … then at some point they miss it so badly, and some of them embrace it and some of them actually become hostile.”Musk wrote on X, “KILL the BILL,” adding he was fine with Trump’s planned cuts to electric vehicle credits as long as Republicans rid the bill of “mountain of disgusting pork” or wasteful spending.
He also pulled up past quotes from Trump decrying the level of federal spending, adding, “Where is this guy today?”
Musk came into government with brash plans to cut $2 trillion from the federal budget. He left last week having cut only about half of 1% of total spending while causing disruption across multiple agencies.
Musk’s increasing focus on politics provoked widespread protests at Tesla sites in the U.S. and Europe, driving down sales while investors fretted that Musk’s attention was too divided.
British Prime Minister and Labour Party leader Keir Starmer on Monday announced his resignation, bringing an abrupt end to a premiership that began with Labour’s landslide general election victory in July 2024.
Starmer made the announcement in a statement outside 10 Downing Street, where he reflected on his time in office and defended his record in government.
“Every decision I have made has been about putting the country I love first,” Starmer said as he confirmed he would step down as both prime minister and leader of the governing Labour Party.
The resignation marks a dramatic political development in the United Kingdom, coming barely two years after Starmer led Labour back to power following more than a decade in opposition.
His departure is expected to trigger a swift leadership transition within the party at a time of heightened political uncertainty.
Addressing supporters gathered outside Downing Street, Starmer described entering No. 10 in 2024 as “the proudest moment” of his life, saying he entered politics with the goal of improving the lives of millions of people.
The outgoing prime minister also highlighted what he considered some of his key achievements, including rebuilding the Labour Party after years of internal divisions and restoring public confidence in the party’s economic and national security credentials.
Starmer said he inherited a Labour Party that was “politically, financially and morally bankrupt” and faced repeated predictions that it was finished as a political force.
He argued that his leadership helped transform the party, including efforts to tackle anti-Semitism and reposition Labour as a credible alternative government.
His resignation has immediately intensified speculation over his successor. Attention has turned to Andy Burnham, who recently won the Makerfield by-election and is due to be sworn in as a Member of Parliament.
Political observers and Labour insiders believe Burnham could emerge as the overwhelming favourite to take over the party leadership. Some party members are already discussing the possibility of a “coronation” process in which Burnham becomes the sole candidate, avoiding a prolonged leadership contest.
If that scenario unfolds, Labour could have a new leader and prime minister in place by September, around the time of the party’s annual conference.
The Independent National Electoral Commission (INEC) has declared the All Progressives Congress (APC) candidate, Biodun Oyebanji, winner of the 2026 Ekiti State governorship election.
Oyebanji secured a landslide victory, polling 319,224 votes to defeat his closest challenger, the Peoples Democratic Party (PDP) candidate, Dr. Wole Oluyede, who garnered 40,543 votes. The African Democratic Congress (ADC) candidate, Dare Bejide, came a distant third with 12,872 votes.
The election, held across all 16 local government areas of the state, was overshadowed by reports of irregularities and widespread allegations of vote buying, drawing strong condemnation from observers.
The official results were announced on Sunday morning by the Chief Returning Officer, Professor Adenike Oladiji, who declared Oyebanji duly elected after meeting the constitutional requirements.
In her declaration, Professor Oladiji stated: “I, Professor Adenike Oladiji, hereby certify that I am the Returning Officer for the Ekiti State Governorship Election held on June 20, 2026, and that the election was conducted in compliance with the provisions of the law. Biodun Abayomi Oyebanji of the All Progressives Congress, having satisfied the requirements of the law and scored the highest number of valid votes cast, is hereby declared the winner and returned elected.”
Source: Reuters
