The intriguing friendship between former President Donald Trump and billionaire entrepreneur Elon Musk has dramatically transformed into a public rivalry. Trump has threatened to terminate government contracts and subsidies for Musk's companies, leading to a bold response from Musk backing discussions of Trump's impeachment. This explosive declaration could potentially impact Musk's ventures such as Tesla and SpaceX significantly.
In his statement on Truth Social, Trump expressed that halting Elon’s government favors and contracts could easily save billions from the budget. He questioned why Biden hadn’t done this earlier.
Source: aajtak
Musk’s Major Announcement
Following Trump's threatening remarks, Musk made a significant proclamation. He announced that SpaceX would commence the retirement of its 'Dragon' spacecraft.
Source: aajtak
Musk sharply countered Trump’s comment with a nonchalant ‘Whatever’.
Tesla Shares Plummet
Musk’s company, Tesla, witnessed a significant drop on Wall Street, plummeting 14.3%, which translated to a staggering loss of $150 billion in market value—the greatest single-day decline in Tesla's history. Shortly after market close, Musk responded 'Yes' to a post on X advocating Trump's impeachment.
Source: aajtak
What is Dragon?
'‘Dragon'’ is SpaceX’s flagship crew and cargo transport used for missions to the International Space Station (ISS) for NASA. It stands as America’s sole private means to ferry humans to the ISS.
Trump's Critique on Musk’s EV Mandate
In another post, Trump claimed Elon began to worry as he withdrew the EV mandate that seemingly coerced people into buying electric cars nobody wanted. Trump mentioned Elon was well aware this was coming and that it drove him mad.
Musk’s Retort: Trump Would Have Lost Without Me
The verbal sparring continues as Musk retaliated, alleging that Trump would have lost the election without his help. He claims to have spent at least $250 million to facilitate Trump’s return, noting the ungrateful attitude followed. Musk reminisced about his recent role as Chief of the 'Department of Government Efficiency' (DOGE) at the White House, formed to oversee governmental spending.
