Can Musk’s businesses afford his breakup with Trump?

Can Musk’s businesses afford his breakup with Trump?

Donald Trump and Elon Musk’s partnership appears to have reached its end. The US president has threatened to end the tech mogul’s government contracts and subsidies for his companies. Tesla is already staring at challenges, with the Thursday spat sending its shares plummeting 14 per cent followed by a recovery later. Will Musk suffer if Trump’s ire befalls his businesses?

US President Donald Trump speaks during a news conference with Elon Musk in the Oval Office of the White House, May 30, 2025, in Washington. File Photo/AP