{"id":2392,"date":"2025-06-07T09:16:09","date_gmt":"2025-06-07T04:16:09","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=2392"},"modified":"2025-06-07T06:18:55","modified_gmt":"2025-06-07T01:18:55","slug":"trump-musk-feud-escalates-over-tax-bill-and-government-contracts","status":"publish","type":"post","link":"https:\/\/youdigital.pk\/en\/2025\/06\/07\/trump-musk-feud-escalates-over-tax-bill-and-government-contracts","title":{"rendered":"Trump-Musk Feud Escalates Over Tax Bill and Government Contracts"},"content":{"rendered":"<p data-start=\"246\" data-end=\"555\"><strong>ISLAMABAD: A growing rift between US President Donald Trump and billionaire tech mogul Elon Musk has erupted into a full-scale political and business standoff, with the White House confirming on Friday that Trump is \u201cnot interested\u201d in speaking to Musk following their clash over the president\u2019s tax-cut bill.<\/strong><\/p>\n<p data-start=\"557\" data-end=\"976\">This public fallout marks a dramatic breakdown in what was once a powerful political alliance.<\/p>\n<p data-start=\"557\" data-end=\"976\">Trump recently threatened to terminate government contracts awarded to Musk\u2019s companies, including Tesla and SpaceX, stating the move could save \u201cbillions\u201d in federal spending.<\/p>\n<p data-start=\"557\" data-end=\"976\">Musk responded online, suggesting Trump should be impeached and accusing him of pushing the US toward economic recession through excessive tariffs.<\/p>\n<h3 data-start=\"978\" data-end=\"1010\">SpaceX Contracts in Jeopardy<\/h3>\n<p data-start=\"1012\" data-end=\"1322\">The feud has placed more than $22 billion worth of SpaceX government contracts at risk, raising concerns about potential disruptions to US space missions.<\/p>\n<p data-start=\"1012\" data-end=\"1322\">Musk even threatened to decommission the Dragon spacecraft used for NASA missions, though he later walked back the statement after calls for de-escalation.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"qst\">Yes <a href=\"https:\/\/t.co\/rqRsX8B4Hg\">https:\/\/t.co\/rqRsX8B4Hg<\/a><\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1930719235770359903?ref_src=twsrc%5Etfw\">June 5, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p data-start=\"1324\" data-end=\"1585\">The conflict also triggered stock market volatility.<\/p>\n<p data-start=\"1324\" data-end=\"1585\">Tesla\u2019s shares dropped 14% on Thursday \u2014 the largest single-day loss in its history \u2014 before rebounding 5% in early Friday trading on initial news of a possible reconciliation call that was ultimately denied.<\/p>\n<h3 data-start=\"1587\" data-end=\"1622\">Political and Financial Fallout<\/h3>\n<p data-start=\"1624\" data-end=\"1925\">Musk\u2019s vocal opposition to Trump\u2019s tax bill and his pledge to reduce future political donations could complicate Republican plans ahead of next year\u2019s elections.<\/p>\n<p data-start=\"1624\" data-end=\"1925\">As former head of the Department of Government Efficiency, Musk had played a key role in Trump&#8217;s policy initiatives and election campaigns.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The Trump tariffs will cause a recession in the second half of this year <a href=\"https:\/\/t.co\/rbBC11iynE\">https:\/\/t.co\/rbBC11iynE<\/a><\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1930722828481098043?ref_src=twsrc%5Etfw\">June 5, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p data-start=\"1927\" data-end=\"2098\">European Union officials, meanwhile, welcomed Musk to consider expanding operations in Europe, signaling growing geopolitical interest in his shifting business priorities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: A growing rift between US President Donald Trump and billionaire tech mogul Elon Musk has erupted into a full-scale political and business standoff, with the White House confirming on Friday that Trump is \u201cnot interested\u201d in speaking to Musk following their clash over the president\u2019s tax-cut bill. This public fallout marks a dramatic breakdown &hellip;<\/p>\n","protected":false},"author":6,"featured_media":2393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[271,297,1190],"class_list":["post-2392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","tag-economy","tag-politics","tag-techconflict"],"_links":{"self":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/comments?post=2392"}],"version-history":[{"count":2,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2392\/revisions"}],"predecessor-version":[{"id":2396,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2392\/revisions\/2396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media\/2393"}],"wp:attachment":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media?parent=2392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/categories?post=2392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/tags?post=2392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}