The contentious One Big Beautiful Bill Act (BBB Act) and accusations concerning Jeffrey Epstein intensified considerably on June 5, 2025, as a public battle between Elon Musk and US President Donald Trump intensified.
Elon Musk spoke out against the BBB Act, describing it as a "disgusting abomination." The plan, he said, was unchecked by lawmakers and would lead to a dramatic rise in the national debt.
According to Musk, he was also never given the chance to review the measure before he introduced it.
In reaction, Trump voiced his displeasure and implied that Tesla CEO Elon Musk's stance was a result of reductions in electric vehicle subsidies. "I don't mind Elon turning against me, but he should have done so months ago," he pointed out. He went on to say that he would cut off all funding to Musk's businesses if they did not comply.
The debate became even more heated when Musk made social media claims that unpublished data pertaining to Jeffrey Epstein addressed Trump. The timing is perfect to release the major bombshell: the Epstein files contain @realDonaldTrump, according to Musk's tweet. The true reason they have remained secret is because of this. Enjoy your day, DJT! *Note this post for when it becomes relevant*, he added. The truth will eventually surface.
Time to drop the really big bomb:@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public.Have a nice day, DJT!Elon Musk (@elonmusk) June 5, 2025
The New York Times reports that flight records made public earlier this year reveal Donald Trump's history of associations with Jeffrey Epstein. In any case, Trump is not directly implicated in Epstein's illegal actions by these.
Trump has claimed in the past that he and Epstein had a "falling out" long before news of the financier's legal issues spread.
Immediate monetary fallout from the conflict was a fourteen percent drop in Tesla stock price, wiping off almost fifteen twenty-two billion dollars in market value.
The continuing importance of both people means that their disagreement will have far-reaching consequences in the political and economic realms.
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