Musk Threatens Political Action Against Trump Over Controversial Budget Bill

The conflict between Elon Musk and Donald Trump has resurfaced over a proposed budget law in the United States. Musk has publicly criticized the bill, warning that its approval could lead to increased national debt.

He has threatened to use his influence to unseat lawmakers supporting the bill in upcoming elections. Musk has also suggested forming a new political party if the legislation passes.

In response, Trump has threatened to cut government subsidies to Musk's companies, such as SpaceX and Tesla, intensifying their public feud. This clash marks a notable shift from their earlier alliance, with Musk previously serving in a symbolic government role under Trump.

The dispute has caused market instability, affecting shares of Tesla and Bitcoin. Trump's proposed bill aims to extend tax cuts and increase defense spending, but faces criticism for potentially ballooning the national debt.

The escalating tension reflects broader concerns about fiscal responsibility and political alliances, with implications for the nation's economic future.