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    Home»Money»Trump and Musk’s Relationship Is Imploding Before Our Eyes
    Money

    Trump and Musk’s Relationship Is Imploding Before Our Eyes

    Press RoomBy Press RoomJune 5, 2025No Comments3 Mins Read
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    The bromance is over.

    In a stunningly public back-and-forth that played out in real time, the relationship between Elon Musk and President Donald Trump met a swift end as both men cranked up their criticism of each other to levels previously unseen.

    The Tesla CEO and formerly self-identified “First Buddy” let loose on Thursday, bashing Trump’s favored tax bill on X in a flurry of posts. By the afternoon, after Trump spoke about Musk in the Oval Office, their political love affair was imploding in real time, for all the internet to see.

    Following Trump’s Oval Office comments, Musk slammed the “Big Beautiful Bill” for its hefty price tag, then demanded that Congress “ditch the MOUNTAIN of DISGUSTING PORK,” before essentially calling Trump a liar (the president said that Musk had seen drafts of the bill, which Musk denied).

    At 12:46 pm ET, Musk went so far as to take credit for Trump’s second term.

    “Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate,” he wrote.

    “Such ingratitude,” he wrote in another post.

    Musk continued the social media pile-on.

    Just before 2 pm, he posted a poll asking if it’s time to “create a new political party in America that actually represents the 80% in the middle?” (Trump critic and fellow billionaire Mark Cuban endorsed the idea).

    The fallout is a remarkable coda to a whirlwind bromance. Musk spent more than $277 million backing Trump and Republicans in 2024. He paraded his young son around the White House. He was the public face of the White House DOGE Office. Just last week, Trump gifted Musk a gigantic golden key during a near-saccharine press conference.

    Cracks in their relationship, which many have predicted would eventually fall apart, were beginning to show before Thursday. Musk has been sowing doubt about the tax bill for some time, and he recently said he’d be doing a “lot less” political spending going forward.

    Early Thursday afternoon, Trump, who had generally held back from criticizing his former right-hand-man, finally hit back.

    “Look, Elon and I had a great relationship,” Trump said in the Oval Office. “I don’t know if we will anymore.” He said that Musk didn’t like his proposed bill because it phases out electric vehicle tax credits, which could ding Tesla’s profits. Tesla’s stock was down sharply on Thursday amid the very messy, very public fallout.

    The White House directed BI to Trump’s comments from the Oval Office and Musk did not immediately respond to BI’s request for comment, but his X feed left little to the imagination.

    At one point, Musk shared a dizzying collage of old Trump posts about balancing the budget.

    “Where is this guy today??” Musk asked. Clearly no longer by his number one buddy’s side.

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