The high-profile discord between two of America's most influential figures, Elon Musk and President Donald Trump, reached a new zenith as Musk openly called for Trump's impeachment, linking him to Jeffrey Epstein. The schism, which has been widening over disagreements on Trump's legislative policies, took a more personal turn with Musk's sharp rebuke and Trump's subsequent suggestion that Musk be deported.
The conflict erupted over what President Trump has dubbed his "big, beautiful bill," against which Musk has been vocally resistant. The fallout quickly escalated into a public spectacle of mutual recriminations and threats, including the potential termination of Musk's extensive government contracts. The battle of titans took a tangible toll on the markets, with Tesla's stock taking a nosedive and wiping out an estimated $27 billion from Musk's net worth in a single trading session.
In an attempt to quell the rapidly intensifying feud, hedge fund magnate Bill Ackman stepped in, issuing a public plea for reconciliation between the two powerhouses "for the benefit of our great country." Ackman's intervention seemed to resonate with Musk, who acknowledged his point with a terse but significant response on Twitter: "You’re not wrong."
Amidst this backdrop of acrimony, Trump administration officials have arranged an emergency telephone conversation scheduled for Friday, in hopes of mending the rift that now threatens to fragment the MAGA movement and inject further instability into Washington's political landscape.
Despite the turmoil, President Trump appeared sanguine in a Thursday evening interview with Politico. He brushed off the conflict, emphasizing his robust approval ratings, "The numbers are through the roof, the highest polls I’ve ever had and I have to go."
The president's inner circle has entertained a variety of retaliatory measures against Musk, with the Daily Mail reporting that one of Trump's closest advisors, Steve Bannon, has even suggested the government seize SpaceX under the Defense Production Act. This extraordinary proposal would likely lead to significant legal battles and represents an unprecedented action against a private aerospace entity.
In a knee-jerk reaction, Musk threatened to decommission the SpaceX Dragon capsule, essential for transporting American astronauts and supplies to the International Space Station, only to retract the threat after heeding advice from social media users to "cool off."
SpaceX's reliance on over $17 billion in government contracts since 2015 and Tesla's $1 billion in government support underscore the potential ramifications of this high-stakes conflict. Bannon, in his "War Room Live" broadcast, labeled Musk an "unstable individual" and "national security issue," even questioning his immigration status and calling for his deportation.
The public dispute first ignited when Musk intensified his opposition to the Republican-led budget reconciliation bill, fearing its impact on the national deficit. With both figures wielding considerable influence over markets and political sentiment, the resolution of this feud carries significant implications for the nation's economic and political future.