In his post directed at Trump, Musk wrote, “Donald Trump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!”
As per an NDTV report, adding to the narrative of de-escalation is Musk’s affirmative response to a call by hedge fund manager Bill Ackman urging peace between the two.Another Politico report suggested that White House aides advised Trump to tone down public criticism of Musk. Reportedly, Trump appeared dismissive of the spat while speaking to the publication despite having traded jabs publicly.
Elon Musk vs Donald Trump: How did the saga begin?The dispute began after the Tesla CEO slammed Trump’s ‘Big Beautiful Bill’—a significant spending initiative. He labelled it a ‘disgusting abomination’. Moreover, he also hinted at launching a new political outfit called the ‘American Party’, according to reports.
In retaliation, Trump threatened to terminate the government subsidies and contracts with Musk’s companies. Following this, Musk namedropped him and linked him to the Jeffrey Epstein files, the reports said and added that he even urged his followers to ‘mark’ his post for the future. He claimed, ‘The truth will come out. ’
Last month, as per the NDTV report, Musk left the US administration to focus on his business, which suffered while he headed the Department of Government Efficiency (DOGE).
Elon Musk vs Donald Trump feud’s impact on markets
The public feud had some big consequences. Tesla’s stock dropped, and Musk’s net worth took a hit, losing around $34 billion overnight. This drama worried investors and political supporters, leading to calls for the two to patch things up, stated a report in The Independent.
As for Trump and the Epstein files, his name does pop up in Epstein’s flight logs and contact lists, but there’s no solid proof tying him to any of Epstein’s illegal activities, according to a New York Magazine report.