Trump denies destroying Musk companies
Trump denies destroying Musk companies| Recent headlines stirred massive online buzz: Donald Trump publicly denies plans to “destroy” Elon Musk’s companies, affirming instead that he wants “Elon, and all businesses within our country, to thrive like never before.” This blog dives deep into the context, reactions, and implications—breaking down everything you need to know.
Trump denies destroying Musk companies: Context & Background
The tension between Donald Trump and Elon Musk isn’t new. Their relationship, once cordial, deteriorated after Musk criticized Trump’s policies during his first term. Recently, reports suggested Trump might cancel subsidies and federal contracts to companies like Tesla, SpaceX, and xAI, citing political friction. Musk responded by warning he could shut down key government projects, including a NASA Dragon mission. This feud has turned personal, political, and financial—raising questions about how far Trump might go if elected again.
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The long-running Trump–Musk feud began with Musk’s role in Trump’s Department of Government Efficiency, turning tense after Musk opposed Trump’s massive “Big Beautiful Bill,” calling it “a disgusting abomination.” Their relationship unraveled amid harsh public sparring and contract threats
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In early June, Trump threatened to cut Musk’s subsidies and government contracts while Musk retaliated by threatening to decommission SpaceX’s Dragon spacecraft
📣 What Trump Said – July 24, 2025
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In a Truth Social post, Trump declared:
“Everyone is stating that I will destroy Elon’s companies by taking away… subsidies. This is not so! I want Elon, and all businesses… to THRIVE like never before!”
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He clarified ongoing support, dispelling rumors that his administration planned to end federal aid to Tesla, SpaceX, or xAI
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Trump’s Statement: A Direct Rebuttal to “Destroy” Claims
On July 24, 2025, Trump used his social platform to shut down growing speculation. He posted:
“Everyone is stating that I will destroy Elon’s companies by taking away his subsidies. This is not so!”
The former president further emphasized that he wants all U.S. businesses to succeed, subtly repositioning himself as pro-business—even for rivals like Musk. This pivot signals a potential shift in Trump’s messaging strategy, possibly to calm investor fears and draw support from the tech community heading into the 2024 elections
🧠Trump denies destroying Musk companies: Why This Matters
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Market impact: Trump’s statement helped calm fears over potential policy-driven stock drops in Tesla and SpaceX.
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Political messaging: Emphasizes Trump’s pro-business stance—even amid high-profile disputes.
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Public narrative control: Launching this message counters earlier aggressive rhetoric, shifting toward reassurance.
🔍 What to Watch Next
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Will Trump follow through? The same day, White House sources hinted they might cancel future federal contracts to Musk’s AI company xAI
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Economic ripple effect: Analysts will observe how this influences investor sentiment for Tesla and SpaceX.
The latest statement where Trump denies destroying Musk companies shows a surprising level of restraint, given his recent fiery rhetoric. Whether this will lead to policy clarity or is simply election-year positioning remains to be seen. But for now, it appears that the battle between Trump and Musk is on pause—and both sides may be recalculating their strategies.
Also Read:
Elon Musk’s Starlink Broadband: Starlink Finally Gets Green Light from Indian Space Regulator
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