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BTCC / BTCC Square / Global Cryptocurrency /
White House Aides Intervene as Trump-Musk Feud Sparks Market Turmoil

White House Aides Intervene as Trump-Musk Feud Sparks Market Turmoil

Author:
Global Cryptocurrency
Published:
2025-06-06 08:01:01
20
3

Tensions between President Donald TRUMP and Tesla CEO Elon Musk escalated this week, triggering political unrest and market volatility. The clash stemmed from Musk's public criticism of Trump's proposed legislation, which combines tax cuts, immigration enforcement, and government spending. Musk cited concerns over the bill's projected $2.4 trillion deficit increase.

Trump expressed disappointment during a White House press briefing, questioning the future of his relationship with Musk. Behind the scenes, aides reportedly urged the president to moderate his social media rhetoric to avoid jeopardizing the bill's Senate passage. Markets reacted sharply to the high-profile dispute, though no direct cryptocurrency impacts were noted.

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