Elon Musk and Donald Trump's friendship unraveled publicly over a tax bill dispute. Here's how their recently fragile friendship fractured on Thursday, minute-by-minute.
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00:00Did Trump and Musk just break up?
00:03It all started when Musk started speaking out against Trump's big, beautiful bill,
00:07aka the Republican spending bill.
00:09He started out by speaking out against how it was wasteful and reversed the efforts he
00:12was making with the Department of Government Efficiency, which he just officially left
00:16about a week ago.
00:17Things started to escalate on Wednesday when Musk stopped holding back about how he really
00:21felt about the bill.
00:22Musk posted on X,
00:23I'm sorry, but I just can't stand it anymore.
00:26This massive, outrageous, pork-filled congressional spending bill is a disgusting abomination.
00:30Things took a turn after that.
00:32Musk continued to go off about the bill, increasing the national deficit.
00:35Trump addressed the beef from the Oval Office on Thursday, saying he and Elon Musk had had
00:39a great relationship, past tense.
00:42The president said he didn't know if that would continue.
00:44I'm very disappointed because Elon knew the inner workings of this bill better than almost
00:49anybody sitting here.
00:51Meanwhile, Musk kept tearing into the president online.
00:53He even took credit for the 2024 Republican victory, which, reminder, he poured about
00:58$300 million into.
01:00Then things really started to heat up.
01:02Trump said Musk quote, went crazy on Truth Social because the tax bill didn't have EV credits
01:06and threatened to cancel Musk's government contracts, which are key to his businesses.
01:11Then Musk posted on X that Trump is in the Epstein files.
01:14Didn't he say that's why they haven't been released?
01:16Yeah.
01:17Musk said that he was decommissioning a SpaceX aircraft and even that the president should be impeached.
01:22It's all unfolding really quickly, and we're seeing Tesla stock nosedive in real time.
01:27The stock was down about 14% at market close.
01:30I mean, I spoke to a couple of shareholders who were surprised that they even lasted this
01:35long in a relationship.
01:37And that's something I've heard a lot, like you have two men with incredibly big egos and
01:41personalities and some people expected this relationship to end before the inauguration.
01:45It's 5.35 on Thursday now, and who knows what'll have happened by the time this posts
01:49in the morning.
01:50We're going to be giving you guys all the latest updates 24-7, no matter what happens.
01:54So head to businessinsider.com for all the latest news.