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 is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. 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. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.

Latest news

micron

Tuesday, 23 June 2026

Indices

Kospi's $474 Billion Rout Exposes AI Concentration Risks Ahead of Micron Report

gold-produce

Tuesday, 23 June 2026

Indices

Gold Approaches Critical $4,000 Threshold as Hawkish Fed Repricing Eclipses Geopolitical Premium

wti-oil

Tuesday, 23 June 2026

Indices

WTI Crude Edges Higher but Remains Under Pressure Near $72.50 After Recent Low

nasdaq

Tuesday, 23 June 2026

Indices

Nasdaq Drops 2.21%, Micron Plunges 13% as Semiconductor Stocks Tumble

Monday, 22 June 2026

Indices

SpaceX Stock Falls 16% as Post-IPO Rally Loses Momentum

Monday, 22 June 2026

Indices

South Korean Chip Stocks Slide as Profit-Taking Hits Samsung and SK Hynix

Monday, 22 June 2026

Indices

Dow Advances on Value Rotation While Tech Sell-Off and Plunging Crude Drag S&P 500, Nasdaq Lower

Monday, 22 June 2026

Indices

Gold Price Today, June 23: Spot Gold Nears $4,200 as US-Iran Peace Roadmap Curbs Inflation Fears

Sunday, 21 June 2026

Indices

Kioxia Stock Surges Past Micron, SanDisk and SK Hynix as AI Memory Demand Booms

Sunday, 21 June 2026

Indices

Bitcoin Reclaims $64K as Japan Pension Fund Eyes Crypto Exposure and Saylor Fuels Buy Speculation