President Donald Trump has declared that billionaire tech mogul Elon Musk has “lost his mind,” marking a dramatic rupture in their once-powerful political alliance.
Speaking aboard Air Force One, Trump downplayed the feud but couldn’t resist a jab: “You mean the man who has lost his mind? I just wish him well.”
The clash follows Musk’s public criticism of Trump’s massive spending bill, calling it an “abomination.” Trump swiftly retaliated, hinting at a review of SpaceX’s federal contracts and accusing Musk of disloyalty.
The feud sent Tesla stock tumbling 14% this week, wiping out nearly $100 billion in value. Meanwhile, Musk, once Trump’s top campaign donor, has gone silent on social media after reportedly being denied a call with the president.
White House aides confirmed Trump is considering selling or giving away the red Tesla Model S he bought in March during their brief alliance. “He’s thinking about it,” one official said.
Despite the fallout, both camps seem to be bracing for further escalation with political money, tech power, and egos all in the balance.
