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Trump suggests DOGE looks at Musk's companies to save money

Trump suggests DOGE looks at Musk's companies to save money

TimesLIVE2 days ago
After weeks of relative silence after a feud with Trump over the legislation, Musk rejoined the debate on Saturday as the Senate took up the package, calling it "utterly insane and destructive" in a post on X.
On Monday he ramped up his criticism, saying lawmakers who had campaigned on cutting spending but backed the bill "should hang their heads in shame".
"They will lose their primary next year if it is the last thing I do on this Earth," Musk said.
The Tesla and SpaceX CEO called again for a new political party, saying the bill's massive spending indicated "we live in a one-party country, the porky pig party".
"Time for a new political party that actually cares about the people," he wrote.
Musk's criticism of the bill has caused a rift in his relationship with Trump, marking a dramatic shift after the tech billionaire spent nearly $300m (R5.3bn) on Trump's re-election campaign and led the administration's controversial DOGE, a federal cost-cutting initiative.
Musk, the world's richest man, has argued the legislation would greatly increase the national debt and erase the savings he said he achieved through DOGE.
It remains unclear how much sway Musk has over Congress or what effect his opinions might have on the bill's passage. Republicans have expressed concern that his on-again, off-again feud with Trump could hurt their chances to protect their majority in the 2026 midterm congressional elections.
The rift has also led to volatility for Tesla, with shares of the company seeing wild price swings that erased approximately $150bn (R2.6-trillion) of its market value, though it has since recovered.
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Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad Loading Colmer said Starlink, which has been 'overhyped' when there were other similar service providers to choose from, was discussed at their conference but was not the main topic. 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