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Trump Threatens SpaceX Contracts in Escalating Feud With Elon Musk

GOP strategist Scott Jennings poured Pepto Bismol on CNN to illustrate party frustration over a spat that erased $34 billion from Musk’s net worth

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Overview

  • Musk denounced President Trump’s ‘big, beautiful bill’ in the Senate as a “disgusting abomination” and called for Trump’s impeachment while alleging ties to Jeffrey Epstein.
  • Trump shot back on social media that Musk was “wearing thin,” accused him of going “crazy” and warned he could cancel SpaceX’s federal contracts.
  • Tesla’s stock plunged 14%, wiping out roughly $34 billion of Musk’s net worth after the public clash.
  • Scott Jennings used a Pepto Bismol stunt on CNN to highlight deepening GOP unease and cautioned that the rift threatens the conservative alliance that secured the 2024 victory.
  • Media analysts Jonathan Karl and Van Jones say Trump holds leverage to inflict “severe damage” on Musk by rescinding contracts or targeting his government-connected team members.