It is sad to see that love comes with an expiry date. What started as a great partnership between one of the wealthiest men in the world and the most powerful president in the world is now amidst a major fallout. After a quite public feud, the duo has been at each other’s throats with no scope for amicability.
Trump has released several interviews. In one such interview, Trump openly referred to Musk as a man who had lost his mind. The interview showed that Trump is in no mood to mend the rift between the two.
What Sparked The Controversy?
As of now, there has not been any actual statement on what sparked the controversy. However, media reports suggest that the feud started when Musk disagreed with Trump on the proposed spending and taxation bill. As per sources, Musk called the bill a ‘disgusting abomination.’
This clash could easily ignite a major financial fiasco. If Musk and Trump go toe to toe with each other, there is a high chance that the crypto ecosystem would suffer the most. It could also undo whatever progress was made in the last few months.
There could also be a major drop in the value of Musk and Trump’s meme coin, or the stocks of WLF and Tesla, simultaneously. Therefore, tougher times are ahead of us.