Elon Musk and Donald Trump's friendship has come to an end, with tensions escalating over Trump's proposed tax bill and electric vehicle mandates. Musk called the tax bill a "disgusting abomination" and Trump responded by expressing disappointment and threatening to cancel federal contracts with Musk's companies. Musk then claimed that he had contributed a quarter of a billion dollars to Trump's presidential campaign and accused Trump of showing "ingratitude". Musk also made unsubstantiated claims about Trump being named in the "Epstein Files" and suggested that this was why the records had not been released. Trump responded on social media, saying that terminating Musk's government subsidies and contracts would be an easy way to save money. Musk then announced that SpaceX would begin decommissioning its Dragon spacecraft, which NASA relies heavily on. The public feud has caused Tesla's stock to fall 15% in a single day, wiping out over $150 billion in market value. Musk's reputation may have taken a lasting hit, with many Democrats and Republicans unlikely to want to work with or give contracts to his businesses in the future. The breakup has also raised questions about the future of the Department of Government Efficiency, which Musk previously headed. The rift has been described as "jaw-dropping" and a "shock to the market", leaving both men to wonder if their short-lived bromance was worth it.
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