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Coffee Break: Trump vs. Musk Omnibus

by Nat Wilson Turner
June 10, 2025
in Finance
Reading Time: 13 mins read
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Initiation

I’m sorry, however I simply can’t stand it anymore.

This huge, outrageous, pork-filled Congressional spending invoice is a disgusting abomination.

Disgrace on those that voted for it: you probably did incorrect. You understand it.

— Elon Musk (@elonmusk) June 3, 2025

* * *

Escalation

Is it time to create a brand new political occasion in America that truly represents the 80% within the center?

— Elon Musk (@elonmusk) June 5, 2025

Explanations

Elon Musk Urges Individuals Take Motion to ‘Kill’ Trump Tax Lower Invoice Bloomberg

The Tesla Inc. chief government officer personally appealed to Home Speaker Mike Johnson to avoid wasting the tax credit score, the particular person stated, requesting anonymity to debate a non-public dialog. The Home model of the tax measure requires largely ending the favored $7,500 electrical automobile subsidies by the tip of 2025.

Since dropping that battle, Musk ratcheted up his offensive towards the president’s signature laws on Wednesday, urging that Individuals contact their lawmakers to “KILL” the laws, pinning his opposition to the invoice’s $2.4 trillion price ticket.

“I Am NOT Taking Medicine!” Insists Black-Eyed Elon Musk Following Stories of Bodily Altercation With Treasury Secretary and Ketamine/Shrooms/Adderall Use Vainness Truthful

It’s been a tough few days for Elon Musk, who appeared at his Oval Workplace send-off with a black eye he stated his son gave him, was the topic of a New York Occasions profile detailing his messy private life, and reportedly acquired right into a battle with a Cupboard secretary that at the least one particular person conversant in the matter says grew to become bodily. However he would love folks to know he’s NOT on medicine.

“I’m NOT taking medicine!” Musk wrote in a submit on X on Saturday, responding to the New York Occasions story that, along with revealing a number of the drama that comes with inseminating quite a few girls as a challenge to repopulate the earth, alleged copious drug use throughout Musk’s stint within the political enviornment. He went on to say, “The New York Occasions was mendacity their ass off,” including: “I attempted *prescription* ketamine just a few years in the past and stated so on X, so this not even information. It helps for getting out of darkish psychological holes, however haven’t taken it since then.”

The outlet reported that, in accordance with sources conversant in the matter, when Musk jumped on the marketing campaign path final 12 months, he was “utilizing medicine way more intensely than beforehand identified,” and that he’d “informed folks he was taking a lot ketamine, a strong anesthetic, that it was affecting his bladder, a identified impact of power use.” He was additionally reportedly taking ecstasy and psychedelic mushrooms, and “traveled with a every day medicine field that held about 20 capsules, together with ones with the markings of the stimulant Adderall, in accordance with a photograph of the field and individuals who have seen it.”

Reconsideration?

Musk Alerts He’s Open to Cooling-Off Interval in Trump Feud Bloomberg

Musk known as for Trump’s impeachment and insinuated the president was withholding the discharge of information associated to disgraced New York financier Jeffrey Epstein due to his personal presence in them. Trump, in flip, proposed slicing off the billionaire’s authorities contracts, following his onetime adviser’s repeated exhortations for Republicans to vote towards the president’s signature tax laws.

Trump says he’s specializing in Russia, China, Iran and ‘not fascinated with Elon Musk’: ‘I simply want him effectively’ Le Monde

Responses

As my report on the query will clearly attest, I’ve by no means purchased into the “Musk Is A Genius” evangel.

Nevertheless it happens to me that he has merely been “black-pilled” and is detached to the results of his mutiny.

He could consider he has “different choices” to pursue. 🤔

— Will Schryver (@imetatronink) June 6, 2025

“HE IS A FRAUD” Steve Bannon Blasts Elon Musk For Inflating DOGE Numbers And Betraying President Trump Rumble

We Ought to Instantly Nationalize SpaceX and Starlink Jacobin

…the threats and counterthreats about Musk’s authorities contracts have been a vivid demonstration of how deeply enmeshed the billionaire’s enterprise empire is with the American state. We should always be capable of step again from the quick absurdities of the Trump Present to acknowledge that this can be a a lot bigger downside. There’s no motive it needs to be like this. We don’t have to have a privatized house program propped up by state funding. We don’t want important satellite tv for pc web infrastructure to be managed, by that firm, by a single ultrawealthy particular person. We will simply nationalize SpaceX.

In Godzilla vs. King Kong, Musk Wins Ken Klippenstein

Trump doesn’t maintain the playing cards. Musk, however, has a number of them. He has a internet price someplace north of $400 billion, making him the richest man on the earth, and he owns House X, Tesla, X (previously Twitter), Neuralink, The Boring Firm, and xAI. Though Musk’s Tesla firm misplaced some 71 p.c of its income within the first quarter of this 12 months in comparison with the identical interval final 12 months (due to residents voting with their steering wheels), it’s hen feed for Musk. Trump’s internet price is someplace round $5 billion, in accordance with Forbes (about one p.c of Musk’s wealth). In distinction to Musk, who has pioneered electrical automobiles, business house, Starlink, AI and now owns a serious social media platform, Trump is an actual property “mogul” who has failed at nearly each certainly one of his ventures past that.

Why Trump in all probability can’t lower Musk free Vox

…unwinding the federal government’s relationship with Musk’s firms is a close to impossibility proper now, notably with regards to SpaceX. The corporate is solely higher at launching huge numbers of objects into house than any of its opponents, and it’s not shut: SpaceX’s Falcon 9 rocket was accountable for 84 p.c of all satellite tv for pc launches final 12 months, and the constellation of greater than 7,000 Starlink communications satellites accounts for round 65 p.c of all operational satellites in orbit.

The US navy can also be more and more reliant on SpaceX for cell web connectivity through a specialised military-only model of Starlink referred to as Starshield.

A real Trump-Musk rift would even have implications for “Golden Dome,” the bold plan to “defend the homeland” from ballistic missiles, drones, hypersonic cruise missiles, and different aerial threats.

Plans for Golden Dome are nonetheless a bit of imprecise and no contracts for its development have been awarded but, however SpaceX is reportedly a frontrunner to construct a constellation of a whole lot of latest satellites to detect missile launches and decide if they’re headed towards the USA, and probably even intercept them from house.

In accordance with Reuters, SpaceX is bidding for parts of the challenge in partnership with Anduril and Palantir, two different protection tech firms additionally led by staunch Trump backers. SpaceX’s imaginative and prescient for the satellite tv for pc community reportedly envisions it as a “subscription service,” wherein the federal government would pay for entry, slightly than proudly owning the system outright, a mannequin that may presumably give Musk far more leverage over how Golden Dome is developed and deployed.

How Dems Can Capitalize on the Musk-Trump Catfight The Bulwark

That is how Trump needs to run all the pieces, after all—from the broadest-swath worldwide commerce coverage right down to the nitty-gritty stage of particular person authorities contracts. His lodestar is rewarding mates and punishing foes. It’s not even clear that, in his megalomania, he sees this as a unique factor from rewarding good work and punishing dangerous work. In fact it was beforehand good for the nation for the pc and enterprise genius Elon Musk to run all the pieces—it’s apparent what a very good, patriotic man he’s from how a lot he loves Trump. In fact it’s good for the nation now to tug the plug on all the pieces Musk touches—tragically, you’ll be able to inform he’s gone loopy by the actual fact he criticizes Trump.

Past the Trump-Musk fallout? Victor Davis Hanson

What’s going to seemingly comply with? Hopefully a social media truce—adopted by intermediaries restoring the friendship however spelling out the constraints and constraints on every that can end in a brand new much less risky, much less intense, however extra sustainable and mutually helpful relationship. Trump is now engaged in high-stakes diplomacy with a number of the hardest, slyest, and meanest leaders on the earth with Xi Jinping, Vladimir Putin, and the Iranian lunatic theocrats. He can’t afford to succeed in out to Musk and thereby seem to his enemies that he backs down. But when Musk reaches out and needs to look forward and never nurse wounds, Trump can definitely be magnanimous and to his credit score state that he holds no grudges for what was stated within the warmth of ardour, as he too appears to be like ahead to the place and when he might help and be helped by Musk within the many areas the place their goals are comparable. The sane tech crowd, and a lot of the MAGA base need an finish to this aberrant Trump-Musk eruption. Over half the nation concurs.

The Elon-Trump Bromance Crashes and Burns The Free Press

Musk’s “disappointment” with the Large Stunning Invoice and the GOP’s enthusiasm for DOGE, it seems, is a distraction from the actual story, which is of a collection of conflicts of curiosity that will get on the coronary heart of the fragile tech bro-MAGA marriage. Certainly, Musk leaving the White Home in a flame conflict shouldn’t be stunning, for Musk’s agenda has—from DOGE’s inception—been at odds with the MAGA platform. On immigration, international coverage, and financial coverage, Musk’s pursuits, which we’ve motive to consider he pursued behind the scenes, had been all the time on a collision course with what President Trump considered because the pursuits of the USA.

Hell Hath No Fury Like an Elon Scorned Sasha Stone

I’ve defended Elon Musk so many occasions on this web site. I’ve written about, praised him, and given him a lot credit score for purchasing X to offer a voice to the unvoiced. I’ve condemned him when he exhibited his emotional immaturity, as he did when he threw one more hissy match as a result of Matt Taibbi wouldn’t produce work at X. He additionally threw a hissy match at Bari Weiss for reporting the reality about him, although the small print escape me. Someway, I may overlook these items. I understood him as an advanced particular person, however take a look at him now. He’s giving the Democrats all the pieces they want for a blue wave. He by no means cared about “gender affirming care” or the “woke thoughts virus” in any respect. He cares about his fragile widdle boy ego. What an enormous disappointment.

Vice President JD Vance | This Previous Weekend w/ Theo Von #588

J.D. Vance: To start with I’m the vp to President Trump my loyalties are all the time going to be with the president. I feel that Elon, he’s an unbelievable entrepreneur. He’s really executed… I feel Doge was actually good. The kind of effort to root out waste fraud and abuse in our nation was actually good. Look man I’m all the time going to be loyal to the president and I hope that finally Elon sort of comes again into the fold. Perhaps that’s not potential now as a result of he’s gone so nuclear.

I feel primary, Elon’s new to politics, proper? So his companies are being attacked continuous. They’re actually like firebombing a few of his automobiles and by the way in which we’re wanting into a whole lot of the stuff.

I imply a few of that stuff we’re wanting into is an act of terrorism on the Division of Justice. I feel a part of it’s this man acquired into politics and has suffered rather a lot for it, and I get the frustration there. Look Congress, you bought this spending invoice, however the principle function of the invoice just isn’t really spending or slicing spending, although it does lower a whole lot of spending.

The principle function of the invoice is to forestall the largest tax enhance. It’s a very good invoice. It’s not an ideal invoice. The method in DC, in the event you’re a enterprise chief you in all probability get annoyed with that course of as a result of it’s extra bureaucratic. It’s extra sluggish shifting.

However I actually assume it’s an enormous mistake for him to go after the president like that and I feel that if he and the president are in some blood feud, most significantly it’s going to be dangerous for the nation. I don’t assume it’s going to be good for Elon both.

Elon Musk Has Had PTSD Since Leaving WH, And He’s Simply Discovering Any Which Manner To Get Again At Trump New York Put up

MIRANDA DEVINE, NEW YORK POST: No, it’s in no way. And look, it’s not terribly stunning. He’s a massively clever man with a whole lot of achievements, however he actually is a huge child.

I bear in mind Donald Trump had a kind of paternal relationship with him and stated at one level that, he stated, I don’t wish to be impolite, however he’s a bit of a kid. And he’s performing like a baby proper now, having a tantrum and lashing out within the nastiest approach he probably can and saying issues that he can by no means undo. And I really feel like what actually occurred was that daddy, Donald Trump, took sides in an argument he was having with Scott Bessent, which apparently acquired very keen.

Elon Musk shoved Scott Bessent, the Treasury Secretary. They had been screaming and shouting and swearing exterior the Oval Workplace, proper exterior Susie Wiles’ workplace. And after that, clearly, Donald Trump had to decide on sides and he selected Scott Bessent’s aspect.

Penalties

Elon Musk’s Feud With Trump Spurs One among His Worst Wealth Losses Ever Bloomberg

Minute by minute, submit by submit, Elon Musk’s very public, extraordinarily on-line feud with President Donald Trump sliced into his vaunted standing because the world’s richest particular person.

The ultimate harm at day’s finish: $34 billion erased from his private internet price, the second-largest loss ever within the historical past of the Bloomberg Billionaires Index of the five hundred wealthiest folks on the planet. The one larger one: his personal wipeout in November 2021.

8 Methods Musk and Trump May Inflict Ache on Every Different New York Occasions

What Musk May Do

  • Wield his billions towards Mr. Trump, his allies and his agenda.
  • Use social media as an irritant.
  • Drag Mr. Trump into controversy.
  • Use his firms to inconvenience the administration.

What Trump May Do

  • Lower contracts with Mr. Musk’s firms.
  • Examine Mr. Musk’s immigration standing and drug use.
  • Revoke Mr. Musk’s safety clearance.
  • Wield the ability of the presidency towards him.

Triumphing underneath Trump: the company winners and losers Monetary Occasions

Twenty weeks into the second time period of a president who promised to make America nice once more, lots of the huge inventory market winners hail from exterior the US. European defence firms and Chinese language know-how giants are amongst these prospering from — or regardless of — Donald Trump’s insurance policies; Silicon Valley incorporates some winners, however many losers too.

Tesla -$304bn USAutomobiles $1,068bn Finish market cap -22% Market cap change Trump influence Elon Musk bankrolled Trump’s re-election marketing campaign and Tesla’s inventory initially soared on optimism in regards to the First Buddy’s affect within the White Home. Nevertheless, a mix of tariffs hobbling Tesla’s provide chain, an finish to electrical automobile subsidies and a visceral shopper backlash to Musk’s antics at Doge have prompted gross sales and shares to plunge. A chastened Musk has stepped again from politics and returned to Texas to revive Tesla, which is pivoting from automobiles to self-driving “Cybercabs” and humanoid AI-powered robots. However Thursday night time’s spectacular blow-up between Musk and Trump despatched traders scurrying for the exit.

Musk’s DOGE Goons Surreptitiously Transmitted Reams of White Home Knowledge Day by day Beast

Elon Musk’s goons on the Division of Authorities Effectivity transmitted a considerable amount of information—all of it undetected—utilizing a Starlink Wi-Fi terminal they put in on prime of the White Home, in accordance with a brand new report.

…insiders urged that the transfer was supposed to bypass White Home programs that observe the transmission of information—with names and time stamps—and safe it from spies. “Starlink doesn’t require something. It permits you to transmit information with none sort of report or monitoring,” one insider informed the Put up. “White Home IT programs had very robust controls on community entry. You needed to be on a full-tunnel VPN always. In case you are not on the VPN, White Home-issued units can’t connect with the skin.” “With a Starlink connection, meaning White Home units may go away the community and exit by gateways,“ the particular person stated. “It’s going that will help you bypass safety.”

Russian Pundits Fear the Trump-Musk Feud Would possibly Hurt Russia

The response of Bannon, a person who stays maybe the principle ideologist of Trumpism, could be very indicative. He felt a menace, and this isn’t a menace from the left, this isn’t a menace from Democrats. It is a menace from the fitting. It is a menace to separate off the fitting flank from Trump. What this might in the end result in and the way this may very well be harmful for (Russia) …Trump should search for a substitute to stabilize his political trajectory, of his political flight. Once you break off one wing, it is advisable to urgently take some motion.


On whom Trump will lean, effectively, there isn’t any doubt. He’ll lean on that very Republican Occasion. Already in a couple of 12 months in US midterm elections he wants to avoid wasting at the least one chamber of Congress.


Now that very same (“Large Stunning”) invoice is within the Senate and what’s immediately the Senate is a nest of hawks. It is a nest of Russophobes. That is Lindsay Graham from the Republican Occasion. This is normally one hawkish occasion.

And the hazard right here is {that a} being uh effectively, let’s say pushed away from Musk, from individuals who, on the whole, profess an ideology that could be very skeptical of globalists.

All of us bear in mind Musk’s assertion, together with Zelensky. Trump as a consequence of such dialectic of the method itself shall be pressured to unite with the state. Who is aware of or perhaps they’ll make him a proposal which he in the end will be unable to refuse to simply accept actuality and vote for that very same uh legislation on the introduction of anti-Russian sanctions after which they’ll slip him a bundle of continuation of navy support to Ukraine. Sure, Musk additionally has untied palms. Properly, for instance, he’ll be capable of do what he has lengthy hinted at and pull off the disabling of Starlink. Who is aware of if he actually will.

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