Overview
- President Trump told NBC News that Musk would “pay very serious consequences” if he funds Democratic candidates in future elections.
- The threat intensified a public feud that began when Musk criticized debt increases in Trump’s “big beautiful bill.”
- Trump expressed confidence that the contested spending package will clear the GOP-controlled Congress.
- Federal filings show Musk gave over $250 million to Republican campaigns in the 2024 cycle and claimed his support secured Trump’s re-election.
- Trump has threatened to cut billions of dollars in federal funding for Musk’s companies, potentially affecting Tesla and SpaceX contracts.