Crypto Market Cap Sheds $200 Billion From Trump-Musk Feud on U.S. Spending Bill
Tesla stock plunged 14% on Thursday after CEO Elon Musk publicly criticized President Donald Trump’s recently passed U.S. spending bill. Musk’s remarks, posted on X, called the legislation a “massive, outrageous, pork-filled” policy, sparking a fierce response from Trump. In retaliation, Trump threatened to cancel federal contracts with Musk’s companies, including SpaceX. The fallout rattled […]
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