Donald Trump suggests Doge should review subsidies to Elon Musk’s companies

Open the newsletter to watch the White House for free

Your guide to what the second period of Trump means to Washington, business and the world

Donald Trump has suggested that the US government should study any subsidies distributed to the Elon Musk Trade Empire, claiming that “large funds” can be provided.

In a post on the social truth platform early on Tuesday, Trump said: “Elon may get more than any person in history, largely, and without subsidies, Elon may have to close the store and return to South Africa.”

The stock exchange deepens a rift between the two men on the US President’s signing bill.

While the Senate advanced forward with the marathon vote session on the draft law on Tuesday, Musk renewed its attacks on the legislation that he said would lead to “the largest increase in debt in history.”

In a series of publications on the social media platform X, Musk also reiterated its threat to form a new political party, as a “alternative to Democratic Democrats”.

The bitter general dispute, which began after the MUSK administration in May, represents an amazing statement of the previous relationships between the two who were forged as the billionaire helped Trump’s return to the White House.

Trump then installed Musk, which runs Tesla and Spacex, as head of the so -called government efficiency (DOGE), and gave him the function of finding trillions of savings throughout the government.

In Tuesday’s publication, Trump said: “No more missile launch operations, satellites, or electric cars production, and our country will provide a fortune. Maybe we should take a good, difficult, look at this? The big money to save !!!.

Speaking to reporters outside the White House later on Tuesday, Trump took another shot on his former political ally, saying: “Dog is the monster that might have to return and eat Elon.”

Tesla shares fell more than 6 percent in early trading in New York after Trump. Destiny Tech 100 decreased, an investment group circulated publicly with more than half of its wallet in Spacex, by 5.8 percent.

The Financial Times reported in February that the six Musk companies benefit from about 20 billion dollars in government contracts – which the billionaire previously insisted on all over merit and provided value for money.

Tesla has received more than $ 2.8 billion in government and federal support, while Spacex became the actual operator of the American space program, winning billions of dollars in government contracts.

In response to Trump’s suggestion that Dog is looking at government support for his business empire, MUSK posted his social media platform: “I literally say cut everything. Now.”

With the collapse of their relationship last month, Musk called for the isolation of Trump, suggested that the customs tariff would lead to an American stagnation, and threatened to turn off the space capsules used to transport NASA astronauts, and the president is linked to the existence of the severe army, Jeffrey Ibstein.

But in a post in X a few days later, Musk said that he “sorry” is some of his attacks, which said “went away.”