Sunday, June 8, 2025

Donald Trump says Elon Musk has ‘lost his mind’ and dismisses peace offering | Donald Trump | The Guardian

In the space industry, meanwhile, Nasa has become increasingly reliant on Musk's SpaceX company, with the Dragon spacecraft being used to transport the agency's astronauts to and from the International Space Station, and Musk pledged to decommission the Dragon in the wake of the Trump fight. He quickly signalled an about-face, but it was a reminder of Musk's influence, which is further bolstered by the key role the Starlink satellite broadband platform plays in Ukraine's fight against the Russian invasion. 

 Trump, meanwhile, threatened to cancel Musk's US government contracts, and the president's ally Steve Bannon suggested that Musk, a South African-born American citizen, "should be deported from the country immediately". In a sign of the immediate impact on Musk, his net worth fell by $33bn on Thursday alone, while Tesla's shares initially dropped by about 14.2%, wiping roughly $152bn off the value of the company...

https://www.theguardian.com/technology/2025/jun/06/elon-musk-signals-he-may-back-down-in-public-row-with-donald-trump



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