Elon Musk speaks out after losing $113,000,000,000 of his fortune since joining Trump administration
Topics: Elon Musk, Donald Trump, Politics, US News
Callum Jones
Featured Image Credit: Getty Images/Kevin Dietsch
Topics: Elon Musk, Donald Trump, Politics, US News
Elon Musk has spoke out after shaving off a whopping $113 billion of his fortune since joining forces with Donald Trump in his administration back in January.
Musk was a huge part of the POTUS' election campaign, with the Tesla founder even claiming Trump wouldn't have beat Kamala Harris to the White House had he not been involved.
Trump recruited the SpaceX founder to help lead the Department of Government Efficiency (DOGE), which was tasked with slashing unnecessary government spending.
Musk remained in the role up until very recently, but things have since turned sour between the president and the billionaire.
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The pair's feud seemingly stems from differing views over Trump's 'Big Beautiful Bill', with Musk dubbing it an 'abomination' and accusing the proposed legislation of undoing all the work he did at DOGE.
Dismissing that suggestion, Trump said he was 'disappointed' in the tech mogul and insisted that Musk knew the ins-and-outs of the bill before his departure from government.
Musk later took to Twitter alleging that the president is named in the Jeffrey Epstein files in since-deleted tweets, with the White House hitting back once more stating it's an 'unfortunate episode from Elon'.
But while Musk was on better terms with his former pal and hard at work within the Trump administration, the billionaire was reported to have lost a whopping $113 billion, according to the Bloomberg Billionaires Index.
Expert Elaine Kamarck told the outlet: "This is 100 days of destruction. DOGE is cutting into muscle, not fat. Elon Musk is taking a lot of the heat for Trump’s decisions, and people have decided to hate Musk more than Trump."
Musk responded to a screenshot of the Bloomberg report as one Twitter user, under the name 'JD Vance News', shared it on the social media platform.
"Worth it," Musk instantly responded.
After Musk and Trump's feud seemingly reached new heights last week, the president spoke to the New York Post on Friday (June 6) and issued a blunt five-word response to all the noise.
"Nothing catches me by surprise." Trump told the outlet.
He added: "The numbers are through the roof, the stock market is up, billions are pouring in from tariffs, and my poll numbers are the highest they’ve ever been. Other than that, what can I tell you, right?"
After the best buddies had a falling out, the White House was also quick to provide a response on the matter.
Speaking to CNN, White House Press Secretary Karoline Leavitt said: "This is an unfortunate episode from Elon, who is unhappy with the One Big Beautiful Bill because it does not include the policies he wanted.
"The president is focused on passing this historic piece of legislation and making our country great again."