News@lemmy.worldEnglish • 15 days ago

Live updates: Trump threatens to sever Musk's government contracts as stock prices fall

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Live updates: Trump threatens to sever Musk's government contracts as stock prices fall

News@lemmy.worldEnglish • 15 days ago

Trump threatens to sever Musk's government contracts as stock prices fall

President Donald Trump and Elon Musk's relationship deteriorated as they traded threats and declarations on Truth Social and X about the Epstein files and government contracts.

President Donald Trump threatened to cut Elon Musk’s government contracts as their fractured alliance escalated into a public feud Thursday. The world’s richest man responded in kind, saying he’d decommission a space capsule used to take astronauts and supplies to the International Space Station.

Shares of Musk’s electric vehicle maker Tesla fell 14%, knocking about $150 billion off the company’s market valuation.

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@FlexibleToast@lemmy.world
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5•14 days ago
Does that matter to Elon? He got what he wanted. He crippled or destroyed every government entity that was investigating his companies. He would do that for free.
- FuglyDuck
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  5•14 days ago
  You’re not wrong but he wanted the BK kids meal crown, too.

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