Elon Musk openly criticized the GOP-led spending bill, terming it a “disgusting abomination.” In retaliation, President Trump threatened to cut government subsidies for Musk’s companies, Tesla and SpaceX, which could reshape financial strategies and influence market stability.
Market reactions and varying public opinions suggest significant ramifications from this dispute. Historical tensions between Musk and political figures often lead to stock volatility, indicating that ongoing political dynamics could impact future tech-business relations.
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