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American Focus > Blog > Economy > Donald Trump suggests US government review subsidies to Elon Musk’s companies
Economy

Donald Trump suggests US government review subsidies to Elon Musk’s companies

Last updated: June 30, 2025 11:55 pm
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Donald Trump suggests US government review subsidies to Elon Musk’s companies
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Former President Donald Trump has recently raised concerns about the subsidies provided to Elon Musk’s business empire, suggesting that significant savings could be made by reexamining these financial supports.

In a post on his Truth Social platform, Trump stated, “Elon may receive more subsidies than any individual in history, and without these subsidies, Elon’s businesses may struggle to survive.” This comment sparked a response from Musk on his own social media platform X, where he boldly proclaimed, “I am literally saying CUT IT ALL. Now.”

The ongoing clash between Trump and Musk highlights their differing views on government spending and financial policies. As the Senate deliberates on a major tax and spending bill, Musk has been vocal in his opposition, warning of the potential consequences of what he deems as excessive government debt.

This public feud represents a stark contrast from the early days of Trump’s second term, when he appointed Musk as the head of the Department of Government Efficiency (Doge) to identify areas for cost savings within the government. However, tensions have escalated as Musk has criticized various aspects of the White House’s agenda since stepping down from his government position.

In his latest message, Trump suggested that the Department of Government Efficiency should scrutinize the subsidies provided to Musk’s businesses, emphasizing the potential for significant savings. Musk, known for his roles at companies such as Tesla and SpaceX, has not shied away from expressing his disapproval of certain policies, including his previous condemnation of the tax bill as a “disgusting abomination.”

See also  President Trump Issues Thinly Veiled Threat to ABC For Giving Jimmy Kimmel His Job Back | The Gateway Pundit | by Cristina Laila

As the debate over government spending and subsidies continues to unfold, the clash between Trump and Musk underscores the complexities of navigating fiscal policies and economic priorities. Stay informed on the latest developments with the White House Watch newsletter, your essential guide to understanding the impact of Trump’s second term on Washington, business, and the global landscape. Unlock exclusive insights and analysis by signing up for free today.

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