By CentBit.Online – Crypto & Blockchain Expert Bangladesh
On June 7, 2025, former President Donald Trump confirmed the end of his relationship with billionaire tech entrepreneur Elon Musk, adding that Musk will face “very serious consequences” if he chooses to financially support Democratic candidates.
A Public Fallout Between Former Allies
Once hailed as political allies, Trump admitted in a phone interview with NBC News, “I would assume [our relationship] is over… I have no intention of speaking to him.” He expressed deep disappointment in Musk’s public criticisms—particularly of Trump’s signature “One Big Beautiful Bill” tax and spending package—and branded Musk’s actions as “very disrespectful to the office of the President”.
Threats and Power Plays
While Trump declined to specify the exact nature of the “very serious consequences,” he repeated the warning: “He’ll have to pay very serious consequences if he does [fund Democrats]” . Though he acknowledged that terminating Musk’s lucrative government contracts (like SpaceX’s NASA deals or Starlink) remains on the table, Trump admitted no formal steps have been taken cbsnews.com.
Unraveling a Prior Partnership
In 2024, Musk donated nearly $300 million in support of Trump’s campaign and even joined Trump’s “Department of Government Efficiency” (DOGE). Their working relationship—once a strategic alliance—crumbled as Musk publicly condemned Trump’s fiscal plans and even suggested starting a new political party, triggering Trump’s ire.
Even after Musk deleted posts claiming Trump’s ties to Jeffrey Epstein—and began decommissioning SpaceX’s Dragon spacecraft in protest—Trump remained firm: “I’m too busy doing other things… I have no intention of speaking to him.”
Market and Political Ramifications
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Corporate Exposure: Tesla and SpaceX rely on federal contracts and subsidies. Musk’s removal from the political sphere could result in lost government support if Trump acts .
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Investor Reaction: The abrupt ending of their alliance sent Tesla stock downward as the tech world braces for regulatory or political ripples .
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Republican Unity: Trump framed the feud as a rallying moment—*“the party has never been more united”—*justifying his hardline stance as part of maintaining party discipline .
What’s Next?
With their public rupture now confirmed, Elon Musk’s future political alignment remains unclear. Some Democrats are hopeful about engaging him, citing shared interest in clean energy and science politico.com. Meanwhile, Vice President J.D. Vance has urged Musk to return to Trump’s circle, calling the spat a regrettable mistake.
For continuing coverage of the intersection between crypto, technology, and politics, stay tuned to CentBit.Online.
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