By Spy Uganda
In a dramatic escalation of a growing feud between two of America’s most high-profile figures, former U.S. President Donald Trump has publicly threatened to cancel federal contracts awarded to Elon Musk’s companies, including SpaceX and Tesla. The clash, which has played out largely on social media, comes amid rising tensions over government spending and deeper personal hostilities.
Taking to his social platform Truth Social on June 5, Trump suggested that terminating government support for Musk’s ventures would result in major savings for taxpayers.
“The easiest way to save money in our budget—billions and billions of dollars—is to terminate Elon’s governmental subsidies and contracts. I was always surprised that Biden didn’t do it,” Trump wrote.
The former president’s comments appear to be fueled by both political and personal motivations, sparked in part by Musk’s public criticism of a proposed tax and spending bill, which the billionaire has labeled as bloated and fiscally irresponsible.
Musk’s companies, particularly SpaceX and Tesla, currently benefit from multiple high-value government contracts. These include NASA moon-landing missions, satellite launches, and federal incentives for electric vehicle production. Industry estimates suggest the combined value of these arrangements exceeds $22 billion.
Musk quickly responded to Trump’s remarks with characteristic bravado. Posting on X (formerly Twitter), the Tesla CEO said:
“In light of the president’s statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately.”
Though clearly sarcastic, the message underscores Musk’s readiness to confront political adversaries head-on. It also hints at the billionaire’s growing frustration over attempts to politicize his business operations.
Fuel was added to the fire when Musk publicly implied that Trump’s name appears in Jeffrey Epstein’s sealed files — documents that have long been at the center of conspiracy theories involving powerful global figures.
“Trump’s name was in the Epstein files. That’s why they were never released. Mark this message,” Musk told his followers, calling it a “reality bomb” yet to detonate.
The explosive claim prompted widespread speculation over whether Musk has access to inside information, or if his statements are simply a calculated attempt to undermine Trump amid their ongoing rivalry.
Epstein, a convicted sex offender with deep ties to global elites, died under controversial circumstances in 2019 while awaiting trial. His association with politicians, billionaires, and academics has long cast a shadow over the names suspected to be in his inner circle.
The public sparring has had real financial consequences. Following Musk’s online tirades, Tesla’s stock fell by 14%, marking its worst decline in nearly a month. The slide wiped out an estimated $26.7 billion from Musk’s net worth, dragging it down to $388 billion, according to Forbes.
Tesla shares are now trading more than 40% below their December 2024 peak, amid rising investor concerns over Musk’s increasingly combative public persona and distractions from core business operations.
As the 2026 U.S. elections draw closer, both Trump and Musk appear to be positioning themselves not just as political influencers, but as dominant figures shaping America’s economic and technological direction. Whether Trump follows through on his threats, or Musk continues to engage in high-stakes political warfare, one thing is clear — this feud is far from over.
