Elon Musk vs. Donald Trump: The Billionaire Battle Over the “One Big Beautiful Bill Act”

Wisdom
6 Min Read

In what could be one of the most high-profile political-business clashes of 2025, Elon Musk and Donald Trump are now locked in a fierce public feud over the controversial One Big Beautiful Bill Act. Once allies in matters of deregulation and pro-business policy, the two billionaires now find themselves at odds – not just over dollars, but over direction.

This battle goes beyond personality. At stake are trillions in government spending, the future of major tech contracts, and the potential rise of a new political alignment led by Musk.

What Is the “One Big Beautiful Bill Act”?

Proposed and championed by Donald Trump, the One Big Beautiful Bill Act (H.R. 1) is an expansive piece of legislation passed by the House in May 2025. Trump calls it the “crown jewel of American restoration,” but critics – including Musk – say it’s fiscally irresponsible and dangerously out of step with modern economic realities.

The bill includes:

  • Permanent extension of the 2017 Trump tax cuts
  • Cuts to Medicaid and social safety nets, with new work requirements
  • Increased defense and border security funding
  • Rollback of green energy programs and EV tax credits
  • Repeal of several niche taxes, including on gun silencers

According to the Congressional Budget Office, the bill would increase the national deficit by at least $2.4 trillion over 10 years – possibly more, depending on economic conditions.

Elon Musk: “Disgusting Abomination”

Musk, who recently stepped away from his advisory role at the Department of Government Efficiency (DOGE), wasted no time going on offense. On X (formerly Twitter), he called the bill:

A disgusting abomination. A betrayal of fiscal sanity. The Debt Slavery Act.

He accused lawmakers -Trump included – of pushing pork-barrel politics under the guise of patriotism. Musk also reposted Trump’s older tweets condemning past budget deficits, framing him as hypocritical and unprincipled.

Musk’s frustration isn’t just ideological. The phase-out of EV tax credits directly impacts Tesla’s competitiveness in the U.S., and regulatory language in the bill could complicate future SpaceX launches and federal partnerships.

Trump Fires Back

Never one to back down, Trump responded on Truth Social:

Elon used to be smart. Now he’s just bitter. We made Tesla relevant. We made SpaceX soar. And this is how he repays the country?

Trump accused Musk of being self-interested and disloyal, arguing that his critique of the bill is nothing more than a tantrum over losing government subsidies. He even hinted at reviewing federal contracts tied to Musk’s companies.

The Political Fallout

Trump’s bill has revealed fractures within the GOP. While many House Republicans rallied behind it, several fiscally conservative senators have expressed concerns, including:

  • Rand Paul
  • Thomas Massie
  • Ron Johnson

Their alignment with Musk suggests that this is more than a celebrity spat; it’s a serious split in conservative economic thinking.

Meanwhile, Musk has been fanning speculation about launching or backing a “new centrist party” that’s tech-savvy, pro-innovation, and fiscally responsible. His X posts hint at a coming political campaign, not as a candidate, but as a kingmaker.

Why This Matters

This feud isn’t just a headline, it could shape the political and economic landscape for years.

Key Impacts:

  • Market Instability: Tesla shares dipped after Musk’s comments. Investors are wary of politicized business risks.
  • Government Contracts at Risk: NASA and the Department of Defense are watching closely.
  • EV Industry Disruption: If the bill becomes law, EV incentives could dry up just as global competitors surge forward.
  • Political Realignment: Musk is openly challenging Trump’s leadership in the conservative movement – something few have dared to do successfully.

What’s Next?

The One Big Beautiful Bill Act now heads to the Senate, where it faces fierce debate. Musk has urged his 200M+ followers to pressure lawmakers into rejecting it. He’s even hinted at backing primary challengers to Republicans who support the bill.

The Senate vote is expected before July 4, 2025, a symbolic target date set by Trump for what he calls “American Restoration Day.”

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Final Thoughts

Elon Musk and Donald Trump were once strange bedfellows in the war on regulation and bureaucracy. But now, they are on opposite sides of a defining moment in U.S. economic policy.

Musk’s rebellion marks a turning point. Whether it reshapes the Republican Party, impacts the 2028 presidential election, or simply fizzles out, one thing is certain:

The Musk–Trump split is no longer just a feud, it’s a fault line running through the future of American politics.

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