Prominent figures Bill Ackman and Kanye West are urging President Trump and Elon Musk to resolve their bitter public feud that has escalated from policy disagreements to personal attacks threatening both political alliances and business interests.
At a Glance
- The Trump-Musk feud began when Musk criticized Trump’s tax bill as a “disgusting abomination” on social media
- Trump accused Musk of having “Trump Derangement Syndrome” and threatened to cancel government contracts
- Billionaire Bill Ackman and rapper Ye (Kanye West) have publicly called for reconciliation between the two powerful figures
- Tesla shares dropped 14.26% in a single day amid the dispute, significantly impacting Musk’s net worth
- Despite reconciliation efforts, Trump reportedly has no immediate plans to speak with Musk
Kanye West reacts to Elon Musk/Donald Trump feud:
“Broooos please noooooo 🫂 We love you both so much” pic.twitter.com/msmaaQiMLK
— Pop Crave (@PopCrave) June 5, 2025
From Allies to Adversaries
The public falling out between President Donald Trump and Tesla CEO Elon Musk represents a dramatic shift in their previously strong relationship. Tensions escalated rapidly after Musk publicly criticized Trump’s recent tax legislation, calling it a “disgusting abomination” on social media. Trump responded forcefully, accusing Musk of suffering from “Trump Derangement Syndrome” and expressing disappointment over Musk’s opposition to electric vehicle mandate cuts that would benefit Tesla.
The conflict intensified when Musk claimed credit for Trump’s electoral victory, suggesting his support was crucial for Trump’s success. “Without me, Trump would have lost the election, Dems would control the House, and the Republicans would be 51-49 in the Senate. Such ingratitude,” Musk stated. The dispute quickly spiraled beyond policy disagreements, with Musk calling for Trump’s impeachment and even suggesting connections between Trump and Jeffrey Epstein.
Market Impact and Financial Concerns
The public nature of this high-profile feud has already produced significant financial consequences. Tesla shares experienced a dramatic 14.26% decline in a single day following the dispute, directly affecting Musk’s personal net worth. Overall, Tesla stock has decreased by 18.8% year-to-date, with analysts suggesting Musk’s political activities have contributed to damage to the Tesla brand.
“I’m very disappointed because Elon knew the inner workings of this bill better than almost anybody” – Donald Trump – Bill Ackman And Ye Call For Trump-Musk Reconciliation After Public Fallout Over Tax Bill – Tesla (NASDAQ:TSLA) – Benzinga
Beyond stock market implications, the dispute centers on serious fiscal concerns. The Congressional Budget Office has estimated that Trump’s spending package could significantly increase federal debt. Musk’s departure from his government role and the public airing of these fiscal concerns have negatively impacted bond markets. Economist Peter Schiff has publicly commended Musk for opposing what he characterized as Republican spending hypocrisy.
Donald Trump has not responded to Musk claim about Jeffrey Epstein.
DO NOT REPOST! @POTUS wants this to blow over. pic.twitter.com/OScD2MxzgB
— DonkConnects ♻️™ (@donkoclock) June 6, 2025
Calls for Reconciliation
As the dispute escalated, prominent figures have stepped forward urging reconciliation. Billionaire investor Bill Ackman, a Trump supporter, made a public appeal for unity between the two influential figures. Ackman emphasized that their cooperation could benefit the nation during this critical time. His intervention represents a significant attempt to broker peace between the feuding parties.
“I support @realDonaldTrump and @elonmusk and they should make peace for the benefit of our great country. We are much stronger together than apart.” – Bill Ackman – Kanye West and Bill Ackman are rooting for Trump and Musk to get back together
Adding his voice to reconciliation efforts, musician Kanye West (Ye) made an emotional plea on social media: “Broooos, please noooooo. We love you both so much.” Musk’s terse response to Ackman’s peace overture—simply stating “You’re not wrong”—has fueled speculation about a possible truce. Reports have suggested a potential phone call between the parties, though Trump’s camp indicates the President currently has no plans to reach out to Musk as he focuses on his political agenda.
Uncertain Resolution
The outcome of this high-stakes feud remains uncertain. Trump has reportedly threatened to revoke government contracts with Musk’s companies, which could have far-reaching implications for SpaceX and other Musk ventures that rely on federal partnerships. The dispute marks a significant shift in what was previously considered a strong political and business alliance between two of America’s most influential figures.
With Tesla’s stock continuing to suffer and potential government contracts hanging in the balance, the financial stakes of this conflict extend beyond personal disagreements. Political observers note that the resolution of this dispute could impact both Trump’s legislative agenda and Musk’s business empire. Despite the reconciliation efforts by Ackman and West, neither Trump nor Musk has shown clear signs of backing down from their positions.
Sources:
Kanye West and Bill Ackman are rooting for Trump and Musk to get back together