Elon Musk hit again at President Trump’s declare that he didn’t wish to strip the mogul’s corporations of his authorities subisidies.
Trump seemingly prolonged an olive department after the general public falling out between the 2 by denying stories that he had it out for Musk.
“Everyone seems to be stating that I’ll destroy Elon’s corporations by taking away some, if not all, of the big scale subsidies he receives from the U.S. Authorities. This isn’t so!” Trump wrote on Fact Social on Thursday.
“I need Elon, and all companies inside our Nation, to THRIVE, in reality, THRIVE like by no means earlier than!”
Shortly afterward, Musk posted a pointed rebuttal on X, writing: “The ‘subsidies’ he’s speaking about merely don’t exist.”
He added that Trump “has already eliminated or put an expiry date on all sustainable power assist whereas leaving large oil & gasoline subsidies untouched.”
“SpaceX received the NASA contracts by doing a greater job for much less cash. Shifting these contracts to different aerospace corporations would go away astronauts stranded and taxpayers on the hook for twice as a lot!” Musk wrote.
Final week, the Wall Road Journal reported that the Trump administration initiated a evaluate of presidency contracts with Musk’s corporations — although officers reportedly decided that canceling these offers weren’t possible as a result of their significance to nationwide safety.
Authorities assist has been instrumental within the development and scale of Musk’s ventures.
His corporations have secured over $38 billion in authorities funding since 2007, in accordance with public information and contract information, with practically two-thirds of that quantity awarded prior to now 5 years.
The assist spans federal, state, and native ranges and consists of contracts, subsidies, tax incentives and regulatory benefits.
SpaceX, Musk’s aerospace agency, is the most important recipient, benefiting from billions in NASA and Division of Protection contracts.
The US House Drive not too long ago awarded SpaceX a $5.9 billion contract for rocket launches and satellite tv for pc operations by 2029. NASA has awarded SpaceX roughly $15 billion in contracts for cargo and crewed missions as of 2025.
Starlink, the satellite tv for pc web supplier beneath SpaceX, secured $6 billion in federal contracts between 2022 and 2023 to broaden broadband entry for rural and army customers.
Tesla has obtained greater than $11 billion in regulatory credit and authorities incentives. The $7,500 federal electrical car tax credit score alone is value an estimated $1.2 billion yearly to Tesla as of 2025.
As well as, state and native governments have contributed at the very least $1.5 billion in grants and tax breaks for Tesla factories and battery growth, primarily in California, Nevada and Texas.
xAI, Musk’s synthetic intelligence firm, was awarded a $200 million Division of Protection contract in July 2025 to develop AI applied sciences for nationwide safety and scientific use.
Musk and Trump’s alliance unraveled after the Tesla CEO criticized Trump’s sweeping tax and spending regulation, referred to as the “Huge Lovely Invoice,” calling it a “disgusting abomination” and warning it might exacerbate the nationwide debt.
Final month, Trump expressed disappointment and urged reconsidering authorities contracts for Musk’s corporations.
Musk fired again on social media, referencing allegations linked to Trump’s look within the Jeffrey Epstein information.
The feud spiraled from there, with Trump publicly attacking Musk’s character and Musk floating the concept of forming a brand new political occasion.
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