WashingtonElon Muskon reaffirmed his opposition to President Donald Trump’s massive tax and spending cuts measure on Saturday, claiming that the proposal, which Republican senators are rushing to enact, would stifle emerging businesses and eliminate employment.
Musk wrote on X on Saturday, just before the Senate was set to hold a vote to begin deliberations on the almost 1,000-page plan, that the most recent Senate draft bill will destroy millions of American jobs and seriously harm our nation strategically. It seriously harms industries of the future while giving giveaways to companies of the past.
Later, the CEO of SpaceX and Tesla, whose birthday falls on a Saturday, wrote that the law will do the Republican Party political suicide.
A recent heated dispute between the former head of the Department of Government Efficiency and the government he recently left is reopened by the criticisms. For Republican Senate leaders, who have been working tirelessly over the weekend to get the legislation through their chamber in time for Trump’s Fourth of July deadline, they also offer yet another headache.
Musk has previously expressed his thoughts on Trump’s large, attractive bill. He denounced the plan as a repulsive abomination and a pork-filled mess just days after departing the federal government last month with a triumphant party in the Oval Office.
Those who voted for it should feel ashamed since they realize they made a mistake. He wrote on X earlier this month, you know. The affluent GOP contributor, who had recently predicted that he would withdraw his political contributions, threatened to dismiss lawmakers who had abandoned the American people in another tweet.
Trump’s clapback to express his disappointment with Musk sparked a back-and-forth argument that swiftly got out of hand. Musk made the unsubstantiated claim that Trump, who was among his closest allies during the first half of the year, was referenced in documents pertaining to sex abuser Jeffrey Epstein.
In the end, Musk made an effort to curry favor with the administration by expressing contrition for some of his overly provocative remarks. In an interview with The New York Post, Trump retorted, “Things like that happen.” He is not to blame for anything.
The delicate calm that Musk and the president had been enjoying in recent weeks may be affected by his most recent broadsides. A request for comment was not immediately answered by the White House.
Since leaving the administration, Musk’s political influence has diminished, and he has been concentrating on his businesses in recent weeks. The affluent businessman nevertheless contributed hundreds of millions of dollars to Trump’s campaign in 2024, proving the power of his money if he is fervent enough about a cause or candidate to resume his political expenditures.
