‘Real reason Bill Gates is unhappy is …', says Elon Musk as Microsoft founder again raises alarm on USAID funding cut killing children
founder
Bill Gates
recently shared a post on microblogging platform X (formerly Twitter) stating how
health aid cuts
by the US government will 'cost lives'. 'The facts are simple and devastating: Aid cuts have already cost lives, and the number of deaths will continue to rise,' Gates wrote, adding 'ending PEPFAR (President's Emergency Plan for AIDS Relief)-supported programs for people living with HIV could result in an additional 4.2 million deaths by 2029'. Though the post doesn't name
Elon Musk
, the
Tesla
CEO hit back with a sharp response to Gates.
X user named John Hawkins responded to Gates' post stating: 'Bro, you are worth 117 billion dollars. If you really think aid cuts are costing lives, feel free to make up the difference.' Musk agreed with him, replying 'Exactly". But the tech billionaire did not stop there. He continued:
'The real reason Gates is unhappy is that HIS organization isn't getting billions in US taxpayer money anymore.'
Feud between Musk and Gates
by Taboola
by Taboola
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Notably, this is not the first time that Musk has taken a jab at Bill Gates. Last year in December, he said that Gates might go bankrupt if Tesla becomes 'the world's most valuable company by far'. In an X post then, Musk said 'If Tesla does become the world's most valuable company by far, that short position will bankrupt even Bill Gates'.
The animosity between Elon Musk and Bill Gates originates from Gates' reported short position against Tesla stock. According to Walter Isaacson's 2023 biography of Musk, this position allegedly cost Gates a $1.5 billion loss.
Short position here refers to a stock market strategy where an investor borrows shares of a stock they do not own, sells them on the open market, and aims to buy them back later at a lower price. The goal is to profit from a decline in the stock's price.
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