WASHINGTON – Former President Donald Trump and tech mogul Elon Musk are expected to speak privately on Friday in a high-stakes effort to defuse a public feud that has rocked both the political and corporate worlds. What was once a powerful alliance between the former president and the billionaire entrepreneur has rapidly devolved into a bitter clash over fiscal policy, personal accusations, and power dynamics.
From Partnership to Public Breakdown
The fallout began after Musk, who had been appointed as a special government adviser to lead the Department of Government Efficiency (DOGE), condemned Trump’s flagship economic plan, the “One Big Beautiful Bill Act.” Musk described the legislation as a “disgusting abomination,” citing its estimated $2.4 trillion addition to the national deficit and warning that it could lead to long-term economic instability. He called on Republicans to block the bill in Congress.
The feud escalated dramatically when Musk backed impeachment calls and claimed Trump’s name may be listed in sealed documents tied to the Jeffrey Epstein investigation. Though Musk offered no verified evidence, the allegations sparked widespread media coverage. The White House swiftly denounced the remarks, calling them “baseless and regrettable.”
Market and Political Fallout
The public fallout has triggered major financial tremors. Tesla’s stock plunged by 14.2% this week, wiping out approximately $152 billion in market value. Musk’s net worth has reportedly dropped by more than $34 billion as a result.
In response to Musk’s criticisms, Trump has threatened to strip Musk’s companies—Tesla and SpaceX—of billions in federal subsidies and government contracts, particularly those connected to electric vehicles and defense innovation. Speaking at a rally in Arizona, Trump accused Musk of “biting the hand that fed him” and implied that Musk’s opposition was driven by self-interest and political ambition.
A Chance at Reconciliation?
Despite the heated exchanges, there are growing signals that both sides may seek to back down. Prominent hedge fund manager Bill Ackman has publicly urged the two to reconcile, warning that continued division could “undermine market confidence and distract from broader goals.”
Musk has since taken a more measured tone, tweeting on Thursday: “Disagreements happen, but progress requires dialogue. I’m open to moving forward.” Sources close to the matter confirmed that the long-anticipated phone call between Trump and Musk will occur Friday afternoon, with key advisers on standby for potential follow-ups.
While the exact agenda of the conversation remains unclear, political analysts say the outcome could have far-reaching consequences—not just for Trump’s 2024 campaign momentum and Musk’s business interests, but for broader Republican unity ahead of key legislative battles.
Broader Implications
With both men commanding massive public influence—Trump in the political arena and Musk in the tech and economic sectors—their feud has exposed the fragility of alliances forged at the intersection of business and politics. If Friday’s conversation leads to reconciliation, it could mark a recalibration of two major forces. If not, observers warn the rift could deepen, setting the stage for continued conflict with real-world ramifications.
The world now watches as two of America’s most powerful figures attempt to resolve their differences—or risk widening a divide that could reshape the nation’s political and economic landscape.