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.

  • Hobbes_Dent@lemmy.world
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    2 days ago

    Trump got paid up front with a guaranteed annuity and Elon got completely vulnerable popularity and volatile old-money. While Trump piggybacks on the bro marketing to do crypto for the fam.

    Gonna give him Art of the Deal on this one I guess.

    What a timeline. I like the Star Trek reboot movie, but holy shit.