Musk–Trump Feud Escalates: Markets Rattle, Secrets Surface
It’s well known that U.S. President Donald Trump has become a major headache for the world. His unpredictable statements have left everyone confused. Since taking office for the second time this January, his decisions have stirred up controversy. In particular, his announcements on trade tariffs caused turmoil in global markets for several days. He would suddenly make an announcement, then backtrack, signaling readiness for talks. This erratic behavior prompted remarks like, “What has happened to America?” Now, the man who’s become a headache to the world — Donald Trump — is facing a headache of his own, in the form of Tesla CEO and one of the world’s richest men, Elon Musk. Recent developments suggest that Elon Musk might expose some unknown secrets about Trump, sparking widespread speculation. Musk made sensational remarks saying that without his support in the recent elections, Trump and several Republican leaders would have faced defeat. Reacting to this, Trump countered by stating that his victory would have been inevitable with or without Musk. He also declared that the government would now slash the subsidies and contracts given to Musk’s companies.
As the rift between Trump and Musk deepened, its impact was felt in the American markets as well. Notably, Tesla shares tumbled significantly, and Elon Musk’s net worth took a major hit — reportedly losing ₹13 lakh crore (around $156 billion) in value. In a shocking twist, Elon Musk dropped a bombshell by alleging that Trump had ties with Jeffrey Epstein, the accused in a sex scandal. Musk also claimed there were efforts to suppress related reports. He went a step further by calling for Trump’s impeachment, which has now created a political storm. Meanwhile, a public poll was conducted to assess whether there’s a need for a new political party in the U.S. Amidst this, it’s worth recalling that after Trump assumed office, he appointed Elon Musk as head of the Department of Government Efficiency (DOGE) to cut down unnecessary federal spending. However, Musk’s decisions as DOGE chief didn’t sit well with many, leading to large-scale protests in the U.S. against Tesla. As a result, Tesla’s sales also plunged drastically. In a show of support for his friend Musk, the White House had procured five Tesla cars — one of which was purchased by Donald Trump himself, making headlines at the time. Now, Musk is sharply criticizing Trump’s One Big Beautiful Act, stating that it could lead America into bankruptcy. He even warned that due to the tariffs, the U.S. could enter a recession by the end of this year. What further twists this public spat between Donald Trump and Elon Musk might take in the coming days remains to be seen.
