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Trump, Musk feud explodes with threats of cutting contracts, backing impeachment

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President Donald Trump threatened on Thursday to cut off government contracts with billionaire Elon Musk’s companies, while Musk suggested Trump should be impeached, turning their bromance into an all-out brawl on social media.

The hostilities began when Trump criticized Tesla CEO Musk in the Oval Office. Within hours, the once-close relationship had disintegrated in full public view, as the world’s most powerful man and its richest launched personal barbs at one another on Trump’s Truth Social and Musk’s X, Reuters reported.

“The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts,” Trump posted on Truth Social.

Wall Street traders dumped shares of Musk’s electric vehicle maker and Tesla closed down 14.3%, losing about $150 billion in market value. It was Tesla’s largest single-day decline in value in its history.

Minutes after the closing bell, Musk replied, “Yes,” to a post on X saying Trump should be impeached. Trump’s Republicans hold majorities in both chambers of Congress and are highly unlikely to impeach him.

The trouble between the two started brewing days ago, when Musk denounced Trump’s sweeping tax-cut and spending bill. The president initially held his tongue while Musk campaigned to torpedo the bill, saying it would add too much to the nation’s $36.2 trillion in debt.

Trump broke his silence on Thursday, telling reporters in the Oval Office he was “very disappointed” in Musk.

“Look, Elon and I had a great relationship. I don’t know if we will anymore,” Trump said.

While Trump spoke, Musk responded with increasingly acerbic posts on X.

“Without me, Trump would have lost the election,” wrote Musk, who spent nearly $300 million backing Trump and other Republicans in last year’s election. “Such ingratitude.”

In another post, Musk asserted that Trump’s signature tariffs would push the U.S. into a recession later this year.

Besides Tesla, Musk’s businesses include rocket company and government contractor SpaceX and its satellite unit Starlink.

Musk, whose space business plays a critical role in the U.S. government’s space program, said that as a result of Trump’s threats he would begin decommissioning SpaceX’s Dragon spacecraft. Dragon is the only U.S. spacecraft currently capable of sending astronauts to the International Space Station.

Hours later, Musk appeared to reverse that move. Responding to a follower on X urging Musk and Trump to “cool off and take a step back for a couple of days,” Musk wrote: “Good advice. Ok, we won’t decommission Dragon.”

In another possible sign of de-escalation on Thursday evening, Musk separately posted, “You’re not wrong,” in response to hedge fund manager Bill Ackman saying Trump and Musk should make peace.

PUGILISTIC PAIR

The feud was not entirely unexpected. Trump and Musk are both political pugilists with sizable egos and a penchant for using social media to punch back against their perceived enemies, and many observers had predicted an eventual falling out.

Even before Musk’s departure from the administration last week, his influence had waned following a series of clashes with cabinet members over his cuts to their agencies.

For Trump, the fight was the first major rift he has had with a top adviser since taking office for a second time, after his first term was marked by numerous blow-ups.

Trump parted ways with multiple chiefs of staff, national security advisers and political strategists during his 2017-2021 White House tenure. A few, like Steve Bannon, remained in his good graces, while many others, like U.N. Ambassador John Bolton, became loud and vocal critics.

After serving as the biggest Republican donor in the 2024 campaign season, Musk became one of Trump’s most visible advisers as head of the Department of Government Efficiency, which mounted a sweeping and controversial effort to downsize the federal workforce and slash spending.

Musk was frequently present at the White House and made multiple appearances on Capitol Hill, sometimes carrying his young son.

Only six days before Thursday’s blowup, Trump and Musk held an appearance in the Oval Office where Trump praised Musk’s government service and both men promised to continue working together.

A prolonged feud between Trump and Musk could make it more difficult for Republicans to keep control of Congress in next year’s midterm elections. In addition to his campaign spending, Musk has a huge online following and helped connect Trump to parts of Silicon Valley and wealthy donors.

Musk had already said he planned to curtail his political spending in the future.

Soon after Trump’s Oval Office comments on Thursday, Musk polled his 220 million followers on X: “Is it time to create a new political party in America that actually represents the 80% in the middle?”

‘KILL THE BILL’

Musk targeted what Trump has named his “big, beautiful bill” this week, calling it a “disgusting abomination” that would deepen the federal deficit. His attacks amplified a rift within the Republican Party that could threaten the bill’s prospects in the Senate.

Nonpartisan analysts say Trump’s bill could add $2.4 trillion to $5 trillion to the nation’s $36.2 trillion in debt.

Trump asserted that Musk’s true objection was the bill’s elimination of consumer tax credits for electric vehicles. The president also suggested that Musk was upset because he missed working for the White House.

“He’s not the first,” Trump said on Thursday. “People leave my administration… then at some point they miss it so badly, and some of them embrace it and some of them actually become hostile.”

Musk wrote on X, “KILL the BILL,” adding he was fine with Trump’s planned cuts to EV credits as long as Republicans rid the bill of “mountain of disgusting pork” or wasteful spending.

He also pulled up past quotes from Trump decrying the level of federal spending, adding, “Where is this guy today?”

Musk came into government with brash plans to cut $2 trillion from the federal budget. He left last week having cut only about half of 1% of total spending while causing disruption across multiple agencies.

Musk’s increasing focus on politics provoked widespread protests at Tesla sites in the U.S. and Europe, driving down sales while investors fretted that Musk’s attention was too divided.

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Trump to hit Iran harder if Tehran does not accept defeat, White House says

Talks with Iran were still under way, Leavitt said. “Talks ‌continue. ⁠They are productive, as the president said on Monday, and they continue to be,” she added.

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President Donald Trump will hit Iran harder if Tehran fails to accept that ​the country has been “defeated militarily,” White House press secretary Karoline Leavitt said ‌on Wednesday.

“President Trump does not bluff and he is prepared to unleash hell. Iran should not miscalculate again,” Leavitt told reporters in a press briefing.

“If Iran fails to accept the reality ​of the current moment, if they fail to understand that they have ​been defeated militarily, and will continue to be, President Trump will ⁠ensure they are hit harder than they have ever been hit before,” she ​said.

As the joint U.S.-Israeli war on Iran entered its fourth week, there have ​been efforts by multiple countries such as Pakistan, Turkey and Egypt to mediate.

Iran is still reviewing a U.S. proposal to end the war, despite an initial response that was negative, ​a senior Iranian official told Reuters on Wednesday, indicating that Tehran had so ​far stopped short of rejecting it outright.

Talks with Iran were still under way, Leavitt said. “Talks ‌continue. ⁠They are productive, as the president said on Monday, and they continue to be,” she added.

Citing unnamed sources, media outlets on Tuesday reported that Washington sent Tehran a 15-point plan on ending the war. Leavitt said on Wednesday that elements of ​the reports were not ​fully accurate, but ⁠she did not provide specifics.

“The White House never confirmed that full plan. There are elements of truth to it, but some ​of the stories I read were not entirely factual, so ​I am ⁠not going to negotiate on behalf of the president here at the podium,” Leavitt said.

Global equity markets regained some ground while oil prices dipped on Wednesday after the ⁠reports ​about the plan, with investors hoping for an end ​to a war that has disrupted global energy supplies and raised inflation concerns.

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Colombia military plane crash kills 66, four still missing

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A Colombian military plane crashed in a ​takeoff disaster on Monday, killing 66 people as rescuers shuttled dozens of survivors to nearby hospitals and searched for four ‌who were still missing, according to a top official.

The Lockheed Martin-built Hercules C-130 transport plane was carrying 128 people, including 11 Air Force members, 115 army personnel and two national police officers, according to Hugo Alejandro Lopez, head of the nation’s armed forces, Reuters reported.

The death toll was nearly double that of the previous figure given by ​authorities, who continued search and recovery efforts at the site of the deadly crash.

The accident occurred as the plane was taking ​off from Puerto Leguizamo, on the border with Peru, Defense Minister Pedro Sanchez said on X.

The plane was believed ⁠to have suffered an impact near the end of the runway as it was taking off, firefighter Eduardo San Juan Callejas told Caracol, ​with a wing of the plane later clipping a tree as it was plummeting.

The crash caused the plane to catch fire and detonate some ​sort of explosive devices on board, he added.

Residents of the remote area were the first to pull out survivors, with videos showing men speeding down a dirt road with wounded soldiers on the back of their motorcycles.

Military vehicles later arrived, though authorities said the crash site was difficult to reach, impeding rescue efforts.

Lopez said that 57 ​of the survivors had been hospitalized, with 30 of them in non-serious condition at a military clinic.

MODERNIZING THE MILITARY

President Gustavo Petro, in the ​twilight of his administration, on Monday criticized bureaucratic obstacles for delaying his plans to modernize the military.

“I will grant no further delays; it is the lives of ‌our young ⁠people that are at stake,” he said in a post on X. “If civilian or military administrative officials are not up to this challenge, they must be removed.”

Several candidates in Colombia’s upcoming May 31 presidential election offered condolences and called for an investigation.

A spokesperson for Lockheed Martin said the company was committed to helping Colombia as it investigates the incident.

Hercules C-130 planes were first launched in the 1950s and Colombia acquired its first models ​in the late 1960s. It has ​more recently modernized some older ⁠C-130s with newer models sent from the U.S. under a provision that allows for the transfer of used or surplus military equipment.

Hercules C-130s are frequently used in Colombia to transport troops as part of the military’s ​operations amid a six-decade-long internal conflict that has claimed more than 450,000 lives.

The tail number of the plane ​that crashed on Monday ⁠matches that of the first of three planes delivered by the U.S. to Colombia in recent years.

At the end of February, another Hercules C-130 belonging to the Bolivian Air Force crashed in the populous city of El Alto, barely missing a residential block.

More than 20 people died in that incident ⁠and another ​30 were injured, and banknotes from the plane’s cargo scattered around the crash site, prompting clashes ​between residents and security forces.

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North Korea’s Kim Jong Un reappointed as president of state affairs, KCNA says

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North Korean leader ​Kim Jong Un was reappointed as president of state affairs, ‌state media KCNA reported on Monday, after the isolated nation convened the first session of its Supreme People’s Assembly a day earlier.

The meeting in Pyongyang will discuss amendments ​and supplements to the socialist constitution, as well as the ​election of the chairman of the State Affairs Commission and ⁠other state leadership bodies, Reuters reported.

The assembly, North Korea’s rubber-stamp legislature that formally approves ​state policy, typically meets following a ruling Workers’ Party Congress to turn ​party decisions into law.

The meeting will also review the country’s economic five-year plan announced at the ninth party congress held in February, KCNA said.

Attention has been focused on whether ​Pyongyang will revise its constitution to formalise leader Kim Jong Un’s “two ​hostile states” policy toward South Korea.

In recent years, Kim has abandoned Pyongyang’s long-standing goal ‌of peaceful ⁠reunification and redefined the South as a hostile state.

Kim’s powerful sister, Kim Yo Jong, was notably absent from KCNA’s list of members of the State Affairs Commission, the country’s highest leadership body, on which she ​had served since ​2021.

South Korea’s ⁠Unification Ministry said it was looking into why she was no longer listed, but analysts said the move ​did not necessarily signal a loss of influence.

“Her absence ​suggests not ⁠a decline in status but a strategic division of roles,” said Lim Eul-chul, a professor at Kyungnam University, adding that the younger Kim continues to ⁠wield ​real power as a department director in ​the ruling Workers’ Party, where she may play a higher-level, party-centred role coordinating policy.

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