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As Elon Musk reignited his criticism of Trump's big bill, the president called him a 'wonderful guy'

As Elon Musk reignited his criticism of Trump's big bill, the president called him a 'wonderful guy'

Business Insider4 hours ago

President Donald Trump said on Sunday that he still viewed Elon Musk positively but felt that Musk's criticisms of his " big beautiful bill" were inappropriate.
"I think he's a wonderful guy. I haven't spoken to him much, but I think Elon is a wonderful guy, and I know he's going to do well always," Trump said in an interview with Fox News' Maria Bartiromo.
"He's a smart guy. And he actually went and campaigned with me and this and that," Trump added. "But he got a little bit upset, and that wasn't appropriate."
Trump's praise of Musk comes just a day after Musk reignited his criticism of Trump's signature tax bill.
On Saturday, Musk wrote in a post on X that the bill "will destroy millions of jobs in America and cause immense strategic harm to our country."
"Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future," Musk added.
Trump's "big beautiful bill" is pending a vote in the Senate. GOP lawmakers hope to send it to Trump's desk on July 4.
Trump said on Sunday that Musk's unhappiness stemmed from the proposed cuts to the Biden administration's EV tax credits.
"Look, the electric vehicle mandate, the EV mandate, is a tough thing for him. I would, you know, I don't want everybody to have to have an electric car," Trump told Fox News.
Musk was a prominent backer of Trump's presidential campaign last year. The Tesla and SpaceX CEO spent at least $277 million supporting Trump and other GOP candidates in last year's elections. He later led the administration's cost-cutting efforts as the head of the White House DOGE office.
But Musk's relationship with Trump appeared to break down earlier this month, after he sharply criticized the president's tax bill on X. Musk said Trump's bill was a "MOUNTAIN of DISGUSTING PORK." He also said he would be decommissioning SpaceX's Dragon spacecraft, which are used in NASA missions, before walking it back.
"Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate," Musk wrote in an X post on June 5.
"Such ingratitude," Musk added.
Trump said on June 5 that he was "very disappointed" at Musk's behavior and threatened to cancel the government's contracts with Musk and his businesses. He later struck a more conciliatory tone during a press conference on June 9.
"Look, I wish him well. You understand? We had a good relationship, and I just wish him well," Trump said.
Musk backed away from his criticism of Trump days later.
"I regret some of my posts about President @realDonaldTrump last week. They went too far," Musk wrote in an X post on June 11.

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Thune heads into a perilous vote-a-rama
Thune heads into a perilous vote-a-rama

Politico

time23 minutes ago

  • Politico

Thune heads into a perilous vote-a-rama

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SpaceX launches UK satellite to create semiconductors in low Earth orbit — sub-zero temps and vacuum of space could advance AI data centers and quantum computing
SpaceX launches UK satellite to create semiconductors in low Earth orbit — sub-zero temps and vacuum of space could advance AI data centers and quantum computing

Yahoo

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  • Yahoo

SpaceX launches UK satellite to create semiconductors in low Earth orbit — sub-zero temps and vacuum of space could advance AI data centers and quantum computing

When you buy through links on our articles, Future and its syndication partners may earn a commission. Manufacturing advanced computer components of the future may take place in space rather than on Earth. Space Forge, a UK-based startup, had its ForgeStar-1 satellite launched into orbit via SpaceX, paving the way for the satellite to ignite its forge and begin producing semiconductors in space. ForgeStar-1 is officially the UK's first ever in-space manufacturing satellite, enabling the company to build semiconductors in space. The satellite was entirely designed and built in Cardiff, Wales, and launched into space as part of SpaceX's Transporter-14 rideshare mission. The satellite waited for approvals in the United States since April before finally entering orbit today. ForgeStar-1 has yet to ignite its forge, with the timetable for when this will happen not yet public. "We've built and launched Britain's first manufacturing satellite, and it's alive in orbit. That's a massive technical achievement," shared Space Forge CEO Joshua Western. "Now, we take the next step: proving that we can create the right environment for manufacturing in space. This is the start of a new era for materials science and industrial capability." In-space manufacturing is a relatively new field that seeks to utilize the unique characteristics of outer space and/or low-Earth orbit to achieve fabrication methods not possible on Earth. Space Forge's primary goals are to produce semiconductors for data center, quantum, and military use cases, using "space-derived crystal seeds" to initiate semiconductor growth, utilizing unlimited vacuum and subzero temperatures for manufacturing, and then returning the chips to Earth for packaging. The ForgeStar-1 satellite will not bring the cargo it manufactures back to Earth at the completion of its mission. Acting more as a proof-of-concept and prototype for a litany of technologies engineered by Space Forge, the satellite will be tasked with running through the successful application of key technologies for in-space manufacturing, and will end its mission with a spectacular fireball. Space Forge plans to test both the best-case and worst-case scenarios for the satellite's recovery. First, it will deploy its proprietary Pridwen heat shield and on-orbit controls to steer the satellite, and then test its failsafe mechanism, which involves disintegrating the craft in orbit. The company's roadmap from 2022 shows that ForgeStar-1's successor, ForgeStar-2, will be the first craft from the company to develop semiconductors that will be returned safely to Earth. The craft will develop enough chips so that the "value of the material manufactured in space exceeds the cost of placing the satellite into orbit", and will be joined eventually by a full stable of Space Forge satellites. The company eventually hopes to build 10-12 satellites per year, reusing craft after the completion of their one- to six-month fabrication missions. Eventually, the company aims to surpass 100 satellite launches per year. While the craft may not ever reach terra firma safely again, the prospect of space-based manufacturing is attractive for several reasons and to a variety of clients. Materials crucial to the bleeding-edge of semiconductor fabrication, including gallium nitride (GaN) and silicon carbide (SiC), can now be worked with to create new chips with the unlimited vacuum of space, in subzero temps without the need for cryogenics, and in a near-weightless environment. If in-space manufacturing catches on, it may become an interesting part of the semiconductor supply chain. Follow Tom's Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button.

Stock market today: Dow, S&P 500 and Nasdaq futures rise with stocks set to end June with a bang
Stock market today: Dow, S&P 500 and Nasdaq futures rise with stocks set to end June with a bang

Yahoo

time33 minutes ago

  • Yahoo

Stock market today: Dow, S&P 500 and Nasdaq futures rise with stocks set to end June with a bang

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