President Donald Trump threatened to cut Elon Musk’s government contracts as their fractured alliance escalated into a public feud Thursday. The world’s richest man responded in kind, saying he’d decommission a space capsule used to take astronauts and supplies to the International Space Station.

Shares of Musk’s electric vehicle maker Tesla fell 14%, knocking about $150 billion off the company’s market valuation.

    • WhyDoYouPersist@lemmy.world
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      2 days ago

      Hoping this ages like milk, but I’m personally not putting much stock into these theatrics. I feel like the past decade has time and time again shown that schadenfreude only happens in movies, and that every interaction these people have with each other are Neanderthal-level grifts that successfully siphon them more even money from the lower classes.

      Color me jaded.

    • Sciaphobia@sh.itjust.works
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      2 days ago

      I’ve been thinking the same thing. Whether the disagreement is real or not, the market manipulation will be.