Trump vs. Musk Feud Costs America: What Do the Numbers Reveal?
According to webangah News Agency, public clashes between Trump and Musk-the world’s wealthiest individual in modern history-have sent shockwaves through America’s political and economic landscape. Their rift, rooted in conflicting political and economic stances, has escalated into mutual public accusations and direct threats.
After a year-long political “honeymoon” marked by effusive praise, trump and Musk abruptly ended their alliance. Musk accused the former president of involvement in a high-profile child abuse case, while Trump dismissed Musk as “unhinged.”
Trump threatened to cancel all government contracts supporting Musk’s ventures-a move with dire consequences not only for the billionaire but for U.S. economic stability itself.
The $250M Backer Turns Critic
Musk had invested over $250 million in Trump’s 2024 campaign,becoming one of the largest donors in U.S. presidential election history-a decisive factor in Trump’s return to power.As a reward,Trump appointed him as “Minister of Productivity,” during which Musk’s net worth surged toward $500 billion.
Yet 129 days into Trump’s term, Musk resigned from the cabinet, fiercely criticizing Trump’s tax policies as fiscally irresponsible for Americans.
Musk’s Financial Fallout
the feud erased $34 billion from Musk’s wealth in a single day-the second-largest single-day loss ever recorded by Bloomberg Billionaires Index. Tesla shares plunged 14% following Trump’s contract termination threats, wiping out $152 billion in market value.
The new policy also revoked Tesla’s $7,500-per-vehicle EV tax credit-costing the company $1.2 billion annually-while delaying regulatory approvals for it’s autonomous taxi project per Business Insider reports.
$22B Space Sector Crisis
spacex now risks losing NASA and Pentagon contracts worth $22 billion collectively after investment inflows dropped 13%.The conflict further threatens Neuralink (Musk’s brain-tech startup) alongside other future projects.
Trump & GOP Repercussions
- – Lost Mega-Donor: The Republican Party lost support from its most influential billionaire backer.
- – Midterm Threat: Musk vowed to oppose pro-Trump Republicans who endorse his tax bill.
- – Media Meltdown: Shares of Truth Social parent company fell 44% this year ($1.7B loss).
National Security Risks Emerge
– NASA Emergency: SpaceX may halt Dragon capsule operations (currently NASA’s sole ISS transport), potentially forcing reliance on Russia’s Soyuz or Boeing’s troubled Starliner.
– Pentagon Alert:
• Starlink satellites critical for Ukraine face uncertainty
• Spy satellite production contracts jeopardized
- Golden Dome Collateral Damage:
Trump’s missile defense shield project (dependent on SpaceX satellites) could unravel per Reuters reports.
EV Market Domino Effect
Tesla’s decline risks ceding global EV dominance to China’s state-backed automakers.
Analysts warn this conflict now transcends personal rivalry – threatening core U.S technological supremacy while destabilizing strategic sectors from Wall Street to outer space.
