Musk Blasts GOP Megabill, Trump "Disappointed" by Sudden Fallout

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Donald Trump and Elon Musk have openly turned on oneanother after weeks of growing tension. The US President now admits disappointment in Musk’s escalating attacks on his signature tax-and-spendingplan. According to the BBC, what began as a privatepolitical rift has spilled fully into public view, ending what had once been arare alliance between two of the most powerful figures in business andpolitics.Earlier, the billionaire tech executive turned his ireon the very administration he recently served. Musk’s sharp denunciation of Trump’s tax-and-spendingbill, and his fury over a scrapped NASA nomination, have caught the White Houseoff guard.I’m sorry, but I just can’t stand it anymore.This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.Shame on those who voted for it: you know you did wrong. You know it.— Elon Musk (@elonmusk) June 3, 2025Tensions Rise After Nomination WithdrawalElon Musk, who ended a four-month stint as a specialgovernment employee in the White House, has broken ranks with President Trumpjust days after leaving his post. His anger reportedly stems from Trump’s abruptdecision to withdraw the nomination of Jared Isaacman, Musk’s close ally and aSpaceX astronaut, to head NASA, the New York Times reported.Read more: Elon Musk Torches Trump’s Megabill as a “Disgusting Abomination”According to sources familiar with the matter, the move blindsided Musk and fueled his frustration with the administration.Musk allegedly told associates that he had donated hundreds of millions ofdollars to Trump’s campaign, only to see a key supporter sidelined withoutwarning.Musk Unleashes on Tax BillThe NASA decision appears to have intensified Musk’slong-standing opposition to parts of the GOP’s tax-and-spending package. Thebill includes a provision that eliminates electric vehicle tax credits, which is a keyincentive for Tesla customers. With Tesla’s core business under threat, Muskdid not hold back.On X, formerly Twitter, Musk called the bill a“disgusting abomination” and urged his followers, over 200 million of them, tocall lawmakers and “KILL the BILL.” He also accused Republicans of reckless deficitspending and threatened to campaign against them.I’m sorry, but I just can’t stand it anymore.This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.Shame on those who voted for it: you know you did wrong. You know it.— Elon Musk (@elonmusk) June 3, 2025White House aides admitted the remarks caught them bysurprise. One senior official reportedly described Trump as “confused” about Musk’s suddenturn, especially after their recent close cooperation. Despite the mounting criticism, Trump has largelyrefrained from directly confronting Musk. EV Credits, SpaceX, and a Growing RiftMusk’s discontent with the bill dates back months, ashe privately voiced concerns over the removal of EV incentives. With Tesla depending heavily on such credits, andSpaceX tied to NASA through multiple contracts, both business and politics couldbe at play.Some in the administration believe Musk’s attacks aremore about protecting his companies than serving public interest. This article was written by Jared Kirui at www.financemagnates.com.