In a dramatic turn of events, President Donald Trump declared on June 7, 2025, that his relationship with billionaire Elon Musk is officially over, warning the Tesla and SpaceX CEO of “serious consequences” if he financially supports Democratic candidates opposing Republicans backing Trump’s expansive tax and spending bill. Speaking in a phone interview, Trump declined to specify what those consequences might be but made clear he has no intention of repairing ties with Musk, stating, “I have no intention of speaking to him” and “I would assume so” when asked if their relationship is finished.
The feud between Trump and Musk escalated after Musk publicly condemned the president’s tax and spending legislation as a “disgusting abomination,” complicating its passage in a Congress where Republicans hold narrow majorities. Despite the tension, Trump said he has not considered canceling government contracts with Musk’s companies, including SpaceX and Starlink.
Musk, who invested nearly $300 million supporting Trump’s 2024 campaign, had been a key advisor in efforts to reduce federal spending but has since turned critical of the administration’s policies. The billionaire also suggested the need for a new political party to represent the majority of Americans. Trump, however, remains confident the bill will pass by July 4 and insists the Republican Party is more united than ever.
This public fallout marks the end of an unlikely alliance between the U.S. president and the world’s richest man, with both figures exchanging sharp criticisms on social media and in interviews. Musk even briefly entertained the idea of decommissioning SpaceX’s Dragon spacecraft amid the dispute but later retracted the threat. The political and business implications of this rupture remain to be seen as both continue to wield significant influence in their respective spheres.