Overview

• On June 11, Elon Musk posted on X that he “regretted some of my posts about President @realDonaldTrump last week” after a private phone call with the president.
• President Trump told the New York Post he found Musk’s apology “very nice” and referred to the tech CEO as “a friend” who “got a little bit strange.”
• The conflict began when Musk labeled Trump’s proposed spending legislation a “disgusting abomination,” leading to a cascade of personal attacks on both sides.
• Vice President JD Vance and White House Chief of Staff Susie Wiles urged Musk to end the feud, prompting him to delete several inflammatory posts.
• Following the detente, Musk’s net worth climbed by $191 million to $411.4 billion and Tesla shares rebounded as investors cheered eased political risks.