Trump warns Musk's empire 'couldn't survive' without massive US subsidies

In his post, the US President suggested that the businessman might not have stayed afloat without government support.

"Elon may get more subsidies than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa," Trump said.

The President sarcastically noted that then there would be "no more rocket launches, satellites, or electric car production," and the country would "save a fortune."

At the end of the post, he even mentioned DOGE, hinting: "Perhaps we should have DOGE take a good, hard look at this?"

Trump's bill and the conflict with Musk

The conflict between Donald Trump and Elon Musk flared up after the businessman sharply criticized the Republicans' tax and spending bill. Musk referred to the document as "debt slavery," highlighting its potential impact on the growth of the US national debt.

According to the Congressional Budget Office's estimate, the new Senate bill could increase the US budget deficit by nearly $3.3 trillion over the next decade. Despite this, the Republican Party unofficially calls the initiative a great and beautiful bill.

Against this backdrop, Trump and Musk have already exchanged sharp statements. The President called Musk "crazy," and in response, the businessman accused Trump of ingratitude, reminding him of his financial support during the 2016 campaign.

Later, Trump threatened to cut government funding for Musk's companies. After that, on June 11, the entrepreneur softened his tone somewhat, admitting that he had "overreacted."

At the same time, American billionaire Elon Musk again criticized President Donald Trump's budget bill. He stressed that if Congress approves it, it will create a new political force.

Later, Musk wrote another post stating that if the "insane spending bill" is passed, he will initiate the creation of a new political party called the America Party.