Musk publicly criticized Trump—slamming his tax bill, calling for impeachment, even linking him to Epstein files.
A coalition of voices—VP JD Vance and Chief of Staff Susie Wiles—urged Musk to dial it down.
Musk phoned Trump (June 9), then posted: “I regret some of my posts about President @realDonaldTrump last week. They went too far.”
The White House confirmed Trump appreciated the apology. Trump said it was “very nice.”
The market cheered: Musk’s net worth climbed ~$191 million to nearly $411.4 billion.
What Users Want to Know—and the Answers They Need
1. What sparked this Musk‑Trump spat?
Musk lashed out at Trump’s proposed tax & spending legislation (“Big Beautiful Bill”), labeled it “a disgusting abomination,” advocated impeachment, and implied Trump was in the Epstein files—all after stepping down from a fed advisory role
2. How did things escalate?
Trump retaliated—calling Musk “crazy” and hinted at terminating SpaceX/Tesla government contracts, triggering a sharp 14% slide in Tesla shares (erasing ~$150 billion in market value)
3. Who intervened and how?
VP J.D. Vance and Chief of Staff Susie Wiles reached out to Musk, urging him to patch things. Musk contacted Trump late June 9, smoothing the path for a public apology
4. What did Musk’s apology say, exactly?
“I regret some of my posts about President @realDonaldTrump last week. They went too far.”
5. Trump’s reaction—did he bite?
Approved, to use press-speak: “very nice.” He said he held “no hard feelings” and could be open to reconciliation
6. How did this fine-tune Musk’s wealth?
Markets responded. Tesla shares rose ~2.6% in pre-market trading, boosting Musk’s net worth by about $191 million—to ~$411.4 billion
7. Is this détente real or just optics?
Both have strategic reasons: Musk needs federal contracts for SpaceX/Tesla; Trump benefits from Musk’s support and campaign funding. But with a thin-skinned Trump and Musk’s brokered apology, full friendship may take longer
8. What’s next?
Watch contracts (SpaceX/Tesla vs. federal), Trump’s positioning ahead of 2025 elections, and Musk’s pivot to his “robotaxi” launch in Texas—a public relations moment timed closely after all this.
What Does This Mean for You?
If you’re a fan of drama: Silicon Valley and D.C. just delivered prime-time entertainment with billion‑dollar stakes.
If you’re a shareholder: This détente could stabilize Tesla shares—but policy shifts and contract decisions remain key risk factors.
If you follow U.S. politics: Watch carefully—Musk’s influence could shape Trump’s policies, campaign fundraising, and even contract awards.
Key Takeaways
- Musk and Trump had a major public blow-up—capped by Musk’s apology and Trump’s warm acceptance.
- Muscle behind this reconciliation: VP and Chief of Staff mediation, Musk‑Trump phone call.
- Financial impact: Tesla share surge, ~$191 million added to Musk’s wealth.
- But the relationship remains transactional—fueled by contracts and political dollar bills.
- Eyes now stay on federal contract renewals, Tesla performance, and whether this détente lasts into the election cycle.
“Power Play or Payback?”
This wasn’t just billionaire drama—it was geopolitics meets Wall Street meets soap opera. Musk apologized, Trump said “very nice,” and the market rewarded both—with a juicy $191 million bump to Musk’s wealth.
Whether this is a long-term truce or a temporary pause in hostilities, one thing’s clear: in the high-stakes game of tech and politics, even a single sentence matters.
Stay tuned—for as with Tesla, the ride is far from over.
