Musk vs Trump: Jobs at Risk from New Bill?
Elon Musk ignites a fiery debate, slamming President Trump’s tax bill as “political suicide” that could devastate American jobs. The tesla and SpaceX CEO,now a vocal critic,claims the bill favors outdated industries,inflicting “immense strategic harm.” A recent conflict reignites as Republican senators push for the bill. Musk, who previously held a government role, pulls no punches, calling out the bill’s potential damage. Trump retaliates, raising the stakes-threatening federal subsidies. Explore how this rift could affect the fate of the tax bill and Musk’s businesses. News directory 3 breaks down the developing feud.Discover what’s next …
Elon Musk Calls Trump’s Tax Bill ‘Political Suicide‘
Updated June 29, 2025
Elon Musk, the Tesla and SpaceX CEO, sharply criticized President Trump’s proposed tax and spending cuts bill on saturday. Musk, a former member of the administration, stated the bill would devastate American jobs and harm future industries.
In a post on X, Musk said the Senate draft would “destroy millions of jobs in America and cause immense strategic harm to our country.” He added that it favors outdated industries while damaging emerging ones. Musk also called the bill “political suicide for the Republican Party.”
This criticism reopens a recent conflict between Musk and the Trump administration. Republican senators are working to pass the bill by Trump’s July Fourth deadline.
Musk previously voiced his concerns about the bill in late May,shortly before leaving his government position. He told CBS News he was “disappointed” with the bill’s cost, saying it “increases the budget deficit” and “undermines the work” of his former team.
Musk donated $277 million to Trump’s presidential campaign and other Republican candidates in the last election cycle. Following an Oval Office celebration, Musk’s language became more aggressive, blasting the bill as a “disgusting abomination.”
President Trump responded to Musk’s criticism, and a back-and-forth ensued. Trump also threatened to cut off federal subsidies to Musk’s companies, including SpaceX, wich receives billions in NASA grants.
Musk later expressed regret for some of his posts, and Trump said he didn’t blame musk. The White House has not commented on Musk’s latest remarks.
What’s next
It remains to be seen how musk’s recent criticism will affect his relationship with President Trump and the fate of the tax bill in the Senate. Musk has been focusing on his business ventures since leaving the administration, and his political influence has diminished.