Trump Hints at Improved Relationship with Musk

The tension that once characterized the relationship between former President Donald Trump and entrepreneur Elon Musk, CEO of Tesla and SpaceX, seems to be diminishing. In recent statements, Trump indicated that his relationship with Musk is 'good,' despite describing some of Musk's actions earlier this year as 'foolish moments.'

Trump revealed that he had spoken with Musk 'intermittently' since their meeting at Charlie Kirk's memorial service in September. 'I like Elon, I've always liked him,' he added. These remarks came during Trump's flight on Air Force One from Malaysia to Japan.

Past Disputes and Fiery Statements

Trump referred to the public disagreement that arose between them last June, which was exacerbated by Musk's opposition to the 'big and beautiful bill,' shortly after Musk left the administration after leading the DOGE initiative. Trump described that period as a 'tough time' for Musk, considering his actions at the time 'just a foolish moment, very foolish.'

Since last summer, Musk has significantly reduced his criticism of Trump, and has rarely referred in recent months to the new third political party he had promised to form after the passage of Trump's massive bill.

Continued Criticism of the Administration

However, this did not prevent Musk from criticizing other members of the Trump administration. Last week, Musk clashed with Transportation Secretary Sean Duffy over who would lead NASA, after Duffy announced the opening of a contract for SpaceX.

Musk described Duffy as trying to stifle NASA. He criticized Duffy's proposal to integrate NASA into the Department of Transportation, as well as the continuation of the Secretary of Transportation to lead the agency, instead of Jared Isaacman, the fintech billionaire and Musk's longtime ally, taking the position. Musk's statements came just one day after Duffy expressed his disappointment with the progress made in the development of Musk's lunar lander, noting that NASA is opening a contract to competitors.


Risk Warning: This article represents only the author’s views and is provided for informational purposes only. It does not constitute investment advice, investment research, or a recommendation to trade, nor does it represent the stance of the Markets.com platform. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.

Latest news

Friday, 8 May 2026

Indices

India's Tech Boom: India’s Offshore Tech Hubs Near 2030 Milestone in FY26

Friday, 8 May 2026

Indices

Gold Price Today, May 09: Gold (XAUUSD) at $4,720 Faces Correction Risk After 250% Rally as Oil Leads Markets

Thursday, 7 May 2026

Indices

Tata Gold ETF Rides XAUUSD Breakout as Middle East Developments Shake Markets

Thursday, 7 May 2026

Indices

Gold Price Today, May 08: XAUUSD Surge to $4,753 on Easing Oil and Inflation Signals

Wednesday, 6 May 2026

Indices

Crypto Market News Today: Dogecoin DOGEUSD Surges Past $0.115 as Meme Coin Momentum Builds in 2026

Wednesday, 6 May 2026

Indices

Gold Price Today, May 07: XAU/USD Soars 2.73% to Record $4,685 Amid Market Rally

Tuesday, 5 May 2026

Indices

Forex Market Today: USD/JPY Surges Above 150 as Dollar Strength Returns Amid Fed Rate Outlook

Tuesday, 5 May 2026

Indices

Q1 2026 Earnings to Watch Today: Coca-Cola (KO) Set to Report Before Market Open

Tuesday, 5 May 2026

Indices

Gold Price Today, May 06: XAU/USD Hits Fresh Highs Above $4,600 as Safe-Haven Demand Surges Amid Global Uncertainty

Wednesday, 29 April 2026

Indices

Commodity Market Today: UAE to Leave OPEC After Nearly 60 Years in Major Blow to Oil Cartel