2d ago

Live updates: Trump threatens to sever Musk's government contracts as stock prices fall

Trump threatens to sever Musk's government contracts as stock prices fall

President Donald Trump threatened to cut Elon Musk’s government contracts as their fractured alliance escalated into a public feud Thursday. The world’s richest man responded in kind, saying he’d decommission a space capsule used to take astronauts and supplies to the International Space Station.

Shares of Musk’s electric vehicle maker Tesla fell 14%, knocking about $150 billion off the company’s market valuation.

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25 comments

When they make up tomorrow, they’ll both be a few billion dollars richer.
- Hoping this ages like milk, but I'm personally not putting much stock into these theatrics. I feel like the past decade has time and time again shown that schadenfreude only happens in movies, and that every interaction these people have with each other are Neanderthal-level grifts that successfully siphon them more even money from the lower classes.
  Color me jaded.
  
  Never really understood that saying. Cheese is proof that the gods love us and want us to be happy.
  
  And yoghurt, kefir, labneh, etc
- I've been thinking the same thing. Whether the disagreement is real or not, the market manipulation will be.
- Yeah, this is pro wrestling, we're just watching kayfabe.
- I'm gonna be so mad when you're right...

25 comments