BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Trump Says Relationship with Elon Musk is Likely Over Due to Fallout Over Big Beautiful Bill

by Sham
June 5, 2025
in Finance, Opinion, Politics
A A
Trump Says Relationship with Elon Musk is Likely Over Due to Fallout Over Big Beautiful Bill
1
SHARES
Share on TwitterShare on Reddit
  • Elon Musk slammed Trump’s new economic bill as “disgusting,” sparking a public fallout with the former president.
  • Trump accused Musk of suffering “Trump Derangement Syndrome,” saying their once-close relationship may be over.
  • The $3 trillion deficit estimate tied to the bill has drawn fire from both fiscal conservatives and climate advocates.

Tensions between President Donald Trump and Elon Musk hit a boiling point Thursday after Musk launched a social media tirade against Trump’s marquee economic bill, the “One Big Beautiful Bill Act.” Speaking from the Oval Office, Trump admitted their once-solid relationship may now be in jeopardy. “He hasn’t said bad about me personally—yet—but I’m very disappointed,” Trump told reporters before a meeting with German Chancellor Friedrich Merz.

🚨 TRUMP: DOESNT KNOW IF RELATIONSHIP WITH ELON WILL BE GREAT ANYMORE — FOLLOWING MUSK'S CRITICISM OF THE BIG BEAUTIFUL BILL pic.twitter.com/WmCirm85Ox

— BlockNews (@blocknewsdotcom) June 5, 2025

The blowup comes just days after Musk stepped down as head of the Department of Government Efficiency. Since then, the Tesla boss has slammed the bill as “disgusting,” particularly over its removal of EV tax credits and its projected $3 trillion addition to the national debt. Trump accused Musk of suffering from “Trump Derangement Syndrome,” likening him to other former allies turned critics. “He never had a problem with the bill until right after he left,” Trump said.

A Bill, a Breakup, and a Twitter War

Musk didn’t hold back, firing back with a clipped “Whatever” on X, followed by a barrage of posts blasting the bill’s “mountain of disgusting pork.” He also resurfaced Trump’s old tweets criticizing deficit spending and debt ceiling hikes—highlighting a perceived hypocrisy now that the GOP is pushing a bill with a massive price tag. Musk called out the bill’s cuts to clean energy incentives, noting oil and gas subsidies remained untouched. “Very unfair!!” he wrote, pushing for a bill that’s fiscally responsible without gutting EV progress.

House Speaker Mike Johnson, who shepherded the bill through the House, confirmed he’s been in regular contact with Musk amid the fallout. “He’s passionate about EV policy,” Johnson noted, defending the move to cut the incentives as a pivot away from the Green New Deal.

Political Fallout and Fiscal Firestorm

The political fallout from the Musk-Trump spat is already rippling through Washington. With the bill still needing Senate approval before another round in the House, the White House is scrambling to contain the optics of high-profile dissent. The Congressional Budget Office’s projection that the bill will add $3 trillion to the deficit is only intensifying scrutiny.

I couldn’t agree more! 🇺🇸🇺🇸 https://t.co/sZ6xgisZEA

— Elon Musk (@elonmusk) June 5, 2025

For now, the president seems determined to push the bill through. “In the entire history of civilization, there has never been legislation that both big and beautiful,” Trump said in his defense. But whether the One Big Beautiful Bill Act survives intact—and whether Trump and Musk’s relationship does too—remains an open question.

Tags: Department of Government EfficiencyDonald TrumpElon MuskMike JohnsonOne Big Beautiful Bill Act
TweetShareShare

DON'T MISS THESE! HOT OFF THE PRESS

XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?
Crypto

XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?

June 5, 2025
Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000
Crypto

Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000

June 5, 2025
Elon Musk Calls for Trump’s Immediate Impeachment
Finance

Elon Musk Calls for Trump’s Immediate Impeachment

June 5, 2025
Bitcoin Whales Trigger Record Breaking Sell-Off After Price Surge: Is Now the Time to Take Profits?
Bitcoin

Bitcoin Whales Trigger Record Breaking Sell-Off After Price Surge: Is Now the Time to Take Profits?

June 5, 2025
Chaos Erupts Over Unapproved Trump-Branded Crypto Wallet: Here is the Truth
Crypto

Chaos Erupts Over Unapproved Trump-Branded Crypto Wallet: Here is the Truth

June 5, 2025
Tesla TSLA Stock Records Worst Day Since 2020 Following Trmup-Musk Public Melt Down
Finance

Tesla TSLA Stock Records Worst Day Since 2020 Following Trmup-Musk Public Melt Down

June 5, 2025
Load More

Related News

Shiba Inu Set for Explosive 200% Surge Next Week, Analyst Predicts

Shiba Inu Set for Explosive 200% Surge Next Week, Analyst Predicts

June 6, 2025
How a $1K SHIB Investment Outpaced Bitcoin’s Returns

How a $1K SHIB Investment Outpaced Bitcoin’s Returns

June 6, 2025
Gold Miner’s Announce Transition to Bitcoin: Sends Stock Soaring 60 Percent

Gold Miner’s Announce Transition to Bitcoin: Sends Stock Soaring 60 Percent

June 6, 2025
XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?

XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?

June 5, 2025
Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000

Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000

June 5, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.