Overview

• Musk branded Trump’s signature budget plan a “disgusting abomination” that would swell the deficit and undercut the Department of Government Efficiency he once led
• Trump warned of very serious consequences for Musk if he funds Democratic challengers or crosses Republicans who back the bill, including terminating federal contracts and subsidies
• Musk escalated the conflict by calling for Trump’s impeachment and posting—then deleting—an unverified claim that the president appears in the Epstein files
• Tesla’s stock dipped and NASA and Pentagon officials are fast-tracking rival launch providers as concerns mount over the security of SpaceX government partnerships
• Recent meetings between Musk’s and Trump’s aides suggest a possible détente even as both sides say the future of their relationship remains uncertain