Politics

The Strained Relationship Between Trump and Musk is Taking a Toll on Both

The Strained Relationship Between Trump and Musk is Taking a Toll on Both

U.S. President Donald Trump could lose more than $1 billion in a single day due to a dispute with American entrepreneur Elon Musk. Axios reports that, "Yesterday, the escalation of tensions between President Trump and Elon Musk has weighed heavily on both of them... A decline of 8% in the stock value of Trump Media and Technology Group has cost the President approximately $202 million. A more significant blow for Trump was the nearly 10% drop in his TRUMP meme coin, which could cost him around $900 million," the report states.

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