Former U.S. President Donald Trump has publicly stated that he has no intention of speaking with Tesla and SpaceX CEO Elon Musk, marking the latest development in a highly publicized and increasingly personal feud between the two billionaires. The fallout follows Musk’s criticism of Trump’s key policy legislation and threatens to impact government contracts, market stability, and global business relations.

Trump vs. Musk: The Feud Intensifies

The dispute began when Elon Musk slammed one of Trump’s flagship policy bills as an “abomination,” accusing it of irresponsibly inflating the federal deficit. Trump, in response, voiced disappointment in Musk, stating, “I’ve helped Elon a lot,” and suggested that terminating government contracts with Musk’s companies could save the U.S. billions of dollars.

Their war of words soon escalated into a full-blown social media battle. Musk accused Trump of being ungrateful and amplified unverified claims about Trump’s connection to Jeffrey Epstein, sparking backlash. Trump retaliated by saying Musk had “lost his mind” and confirmed that he is “not particularly” interested in speaking to the Tesla chief.

Financial Fallout: Tesla’s Market Value Takes a Hit

The feud has had direct consequences on the financial markets. Tesla’s stock plummeted more than 14% on Thursday, wiping out approximately $150 billion in market value in a single day. Investors have expressed concern that Musk’s political entanglements could distract from Tesla’s core business and hurt long-term profitability.

Additionally, the uncertainty surrounding Musk’s strained relationship with Trump has raised fears about the future of lucrative federal contracts tied to SpaceX, Tesla, and other ventures like Neuralink and The Boring Company.

Government Contracts at Risk

Trump’s threats to cancel existing and potential federal contracts with Musk-led enterprises could have far-reaching implications. SpaceX, in particular, plays a critical role in U.S. space operations, including collaborations with NASA and the Department of Defense. Tesla has also benefited from EV subsidies and infrastructure investments under various administrations.

If Trump follows through on his threats—especially if he regains political power—it could pose substantial challenges for Musk’s business empire.

Global Reactions: Russia Seizes the Moment

The feud hasn’t gone unnoticed internationally. Russian officials, including former space agency chief Dmitry Rogozin, have used the opportunity to mock U.S. leadership and woo Musk. Rogozin posted on X (formerly Twitter), “Elon, don’t be upset! Come to Russia. Here, you’ll find comrades and creative freedom.”
Former Russian President Dmitry Medvedev even offered to mediate between Trump and Musk, joking that he’d accept Starlink shares in return.

These responses highlight how geopolitical players may use domestic U.S. conflicts for strategic advantage.

Possibility of Reconciliation?

Despite the bitter tone, signs suggest the feud might not be permanent. Billionaire investor Bill Ackman recently called for peace between the two men, to which Musk replied, “You’re not wrong,” suggesting he may be open to reconciliation.
However, Trump remains firm for now, saying he’s “not particularly interested” in engaging with Musk at this time.

Key Developments So Far

• Trump refuses to speak with Elon Musk amid ongoing feud.

• Musk criticized Trump’s policy bill, calling it a financial “abomination.”

• Tesla shares fell over 14%, wiping out ~$150 billion in value.

• Trump threatens to cancel government contracts with Musk’s companies.

• Russia mocks the feud, offering Musk “creative freedom” and support.

• No White House call planned between Trump and Musk, officials confirm.

• Musk hints at reconciliation, Trump remains cold to the idea.

Conclusion: A Feud with Far-Reaching Implications

The public fallout between Donald Trump and Elon Musk underscores the risks when politics and big tech collide. From economic ramifications and potential contract terminations to global commentary and investor anxiety, the stakes are high for both men—and for the companies and economies tied to their actions.

As the situation unfolds, the future of Tesla, SpaceX, and other Musk-led ventures could hang in the balance, particularly if Trump regains political influence. For now, a reconciliation appears unlikely, and the tech world watches closely.

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