Elon Musk and Trump clash over government contracts, risking billions in space and tech projects
Elon Musk and Donald Trump engaged in a heated public dispute over the US budget bill, with Trump threatening to cut Musk's government contracts and subsidies, prompting Musk to threaten decommissioning SpaceX's Dragon spacecraft. The feud has caused Tesla's stock to plummet by over 14%, significantly impacting Musk's net worth, and has sparked broader political and social tensions.