Elon Musk Slams Trump’s ‘Big, Beautiful Bill,’ Warns of ‘Millions of Lost Jobs’

Elon Musk Slams Trump’s ‘Big, Beautiful Bill,’ Warns of ‘Millions of Lost Jobs’

Billionaire entrepreneur Elon Musk on Saturday reignited his public feud with President Donald Trump over the administration’s sweeping tax and spending proposal, warning that the legislation would “destroy millions of jobs” and severely undermine America’s future industries.

In a scathing post on X, Elon Musk wrote, “The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country. It gives handouts to industries of the past while severely damaging industries of the future.” The remarks came just hours before the Senate was expected to vote on whether to proceed with the nearly 1,000-page bill—nicknamed the “One Big Beautiful Bill” by President Trump.

Elon Musk, whose birthday coincided with the day of his latest remarks, further warned that the bill would be “political suicide for the Republican Party,” signaling growing fractures within the GOP’s donor and business class.

Clash Rooted in Growing Discontent with GOP Spending Plans

Elon Musk’s opposition to Trump’s bill isn’t new but has escalated significantly in recent weeks. In late May, just days before stepping down from his role as head of the Department of Government Efficiency (DOGE), Musk publicly criticized the bill, saying it was bloated with unnecessary spending that contradicted the very fiscal reforms he had championed while in government.

“I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not decreases it, and undermines the work that the DOGE team is doing,” Musk told CBS News in an earlier interview. He added wryly, “A bill can be big or it can be beautiful, but I don’t know if it can be both.”

Since then, Elon Musk’s rhetoric has intensified, calling the bill “a disgusting abomination” and lambasting it for being “pork-filled.” His posts have directly targeted lawmakers who support the legislation, accusing them of betraying the American people.

Senate GOP Scrambles Amid Elon Musk’s Broadside

The renewed barrage from Elon Musk comes at a precarious moment for Republican Senate leaders, who have spent days frantically working to secure enough votes to advance the bill. The legislation, which includes sweeping tax cuts, major reductions in Medicaid, and vast increases in defense and border security spending, is central to President Trump’s economic agenda.

Musk’s attacks threaten to erode support among key GOP donors and could embolden moderate Republican senators who are already uneasy about the bill’s long-term impact on the economy. Senate Majority Leader Mitch McConnell and his leadership team have remained tight-lipped about Musk’s comments but were seen holding closed-door meetings late into Saturday evening.

The White House has not immediately responded to requests for comment on Musk’s latest remarks.

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Elon Musk Warns Trump’s ‘Big, Beautiful Bill’ Will Kill Millions of Jobs

Elon Musk Slams Trump’s ‘Big, Beautiful Bill,’ Warns of ‘Millions of Lost Jobs’
Elon Musk Slams Trump’s ‘Big, Beautiful Bill,’ Warns of ‘Millions of Lost Jobs’

What began as a policy disagreement has evolved into a bitter personal feud between two of the world’s most influential men. Following Musk’s string of fiery posts, President Trump fired back during a press briefing, suggesting that federal subsidies and contracts for Musk’s companies—including SpaceX and Tesla—could be on the chopping block.

“He’s got a lot of money, he gets a lot of subsidy,” Trump told reporters. “We’ll take a look at that. It has to be fair for the country. I’m not saying we’re doing anything yet, but it’s on the table.”

The feud turned even more toxic when Elon Musk, without providing evidence, suggested on X that President Trump’s name appeared in files related to sex offender Jeffrey Epstein—an accusation that set off a media firestorm. The White House quickly condemned the insinuation as baseless and defamatory.

From Donor to Critic: A Stunning Political Reversal

Musk’s aggressive stance against the Trump administration comes after years of being one of the GOP’s most prominent financial backers. Campaign finance records show Musk donated a staggering $277 million to Trump’s re-election campaign and other Republican candidates during the last election cycle.

Just months ago, the two appeared aligned, even celebrating Musk’s departure from the federal government with a widely publicized Oval Office event. However, tensions that had simmered quietly over spending priorities have now boiled over into open hostility.

Despite the harsh rhetoric, Elon Musk has also signaled moments of regret, telling followers on X that some of his posts “went too far.” Trump appeared willing to offer a diplomatic olive branch in a recent interview with The New York Post, saying, “Things like that happen. I don’t blame him for anything.”

Uncertain Fallout for Business, Politics, and the GOP

The escalating feud leaves significant uncertainty for both Elon Musk’s business empire and the Republican Party. SpaceX, which relies heavily on federal contracts from NASA and the Department of Defense, could face heightened scrutiny. Likewise, Tesla’s access to clean energy credits and subsidies may now be in jeopardy.

For the GOP, Musk’s vocal opposition threatens to fracture the fragile coalition of fiscal conservatives, populists, and corporate donors that Trump has managed to hold together. Political analysts warn that Musk’s warning of “political suicide” could resonate if moderate voters and business interests recoil from the bill’s perceived economic risks.

As of Saturday night, neither side appears ready to back down. Whether this feud marks a temporary rift or a permanent fracture in one of the GOP’s most high-profile alliances remains to be seen.