24-Hour Flip: Musk Just Extended an Olive Branch, Trump Pronounces 'Relationship Over'

Original Title: "24-Hour Reversal! Musk Just Extended an Olive Branch, Trump Declares 'Relationship Over'"

Original Author: Wenser, Odaily Planet Daily

On June 6, on the second day of their public feud, Trump and Musk each sent out "reconciliation signals" to the outside world— the former stated that communication with Musk had progressed smoothly and a call had been scheduled; the latter responded positively to prominent investor Bill Ackman's tweet harshly criticizing the two, stating that Ackman was right.

Just when everyone thought the "Trump-Musk duo" might be able to mend their relationship through dialogue, a reversal occurred. On June 8 (Beijing time), Trump stated that if Musk funded a Democratic candidate opposing the Republican budget bill, he would face "very serious consequences and pay a price for it." Furthermore, he added that he had no intention of repairing their relationship, saying, "I think this relationship is over."

One is the all-powerful U.S. president, the other is the global billionaire, considering the sensitive and important identities of the two, their relationship not only affects the crypto market but also impacts the global economic situation. Odaily Planet Daily will provide a brief overview of the recent developments in the "Trump-Musk Battle" in this article for readers' reference.

Recap of the Trump-Musk Battle Background: Unite for Interest, Fight for Interest

For a detailed overview of the public falling-out between Trump and Musk, please refer to our previously published article "Musk, Trump On-again, Off-again, Financial Markets and I Couldn't Take it." In summary, the focus of their dispute is on Trump's push for the "Big Beautiful Bill" Act, which would affect Musk's Tesla company's "carbon emission profit." This is undoubtedly unacceptable for Tesla, which has profited greatly from government subsidies and carbon emission credits.

Furthermore, Trump has also previously vetoed Musk ally Jared Isaacman's appointment as NASA director, rejected the Starlink proposal, and refused to renew his "special employee" status, a move akin to a "U.S. version of the fox's death and the hound's feast."

Most Expensive "Breakup" in History: Tesla's Market Cap Plunges Over $150 Billion in a Single Day

Prior to this, due to their public falling-out and even public verbal sparring, Tesla plunged over 14% in a single day, with a market cap drop of $153 billion, marking the biggest single-day drop in history. Musk, owning approximately 12.8% of Tesla's stock, saw his net worth shrink by over $19.5 billion due to this impact. For Musk, who previously spent $4.4 billion to acquire Twitter and lavishly spent nearly $300 million supporting Trump's campaign, despite his substantial wealth, the enmity with Trump was still a heavy blow.

Musk vs. Trump Wealth Showdown: World's Wealthiest vs. #677 on Rich List

Nevertheless, thanks to his previous wealth accumulation, according to real-time information from the Forbes Billionaires List, Musk currently still holds the top spot with a fortune of $393.8 billion, firmly maintaining his position as the world's richest person. This puts him far ahead of the second-ranked Meta founder Mark Zuckerberg (with a fortune of $240.8 billion), third-ranked Amazon founder Jeff Bezos (with a fortune of $228.1 billion), fourth-ranked Oracle founder Larry Ellison, and even the "Oracle of Omaha" Warren Buffett (worth $154.0 billion), nearly three times over.

Forbes Top 5 Billionaires List

By comparison, despite holding immense political power as the U.S. President, Trump’s personal wealth is only $5.5 billion, ranking him at #677 on the Forbes Billionaires List, significantly trailing behind Musk. Of course, Trump's status as U.S. President places him in a position of advantage in their conflict, as the direct impact of political power always outweighs the indirect effect of economic wealth.

Trump is also the only family member on the list

Following the outbreak of the conflict between the two, the U.S. political scene has also witnessed a series of responses, which indirectly demonstrates that Musk has more than just wealth. Based on his strong personality charm and financial resources, he also has a certain degree of influence on the political situation. After all, not everyone is qualified to challenge the U.S. President and receive a positive response from him.

Onlookers of the "Trump vs. Musk" Showdown: Politicians, Family Members, and even including the Former President of Russia

Following the start of the feud between Trump and Musk, numerous individuals with intricate connections to the parties involved have come forward to urge reconciliation. In addition to the aforementioned investors Navarre and Bill Ackman, Musk's father, the U.S. Vice President [Pence], the U.S. Speaker of the House, and even the former President of Russia and the current Deputy Chairman of the Security Council of the Russian Federation [Medvedev] have also joined the "powerful spectators."

Musk's Father: Argument will soon settle, both are competitive

Musk's father, Errol Musk, stated that the intense online quarrel between his son and U.S. President Trump will "settle in a few days" and believes that this quarrel is merely a conflict between "competitors." Perhaps in the eyes of Musk's father, the conflict between the two is more like a quarrel between two hot-tempered good friends rather than a conflict of interests.

U.S. Vice President Pence: Hopes Musk Will Return

U.S. Vice President Pence previously stated that he hopes Musk will return.

U.S. House Speaker Johnson: Acknowledges Musk as a Friend, But Expresses Disappointment

Earlier, U.S. House Speaker Johnson, in the immediate aftermath of the conflict, stated, "Musk is a friend. I sent him many messages via text. I hope he reads them."

Subsequently, on June 8th local time, according to the U.S. political news website AXIOS, Johnson, in an NBC interview, expressed disappointment in Musk's online criticism of President Trump and the "Big and Beautiful" bill, mentioning that he has not spoken with Musk since the 2nd. In response to Musk's tweet on the 5th stating that he had never seen the "Big and Beautiful" bill comment, Johnson expressed disappointment and surprise. He mentioned that he had interacted and discussed this bill with Musk many times to ensure Musk had accurate information. Johnson stated that Musk had previously indicated in texts that he was mainly concerned about the spending issue.

Former Russian President Medvedev "Joking": Ready to Assist in Reconciliation and Accept Starlink Shares as Payment

Russian Security Council Deputy Chairman Medvedev stated on social media, "We are ready to assist in reaching a peace agreement between D (Donald Trump) and E (Elon Musk) and accept Starlink shares as payment at a reasonable cost. Don't fight, guys." In response to this playful jest, Musk replied with a "