In a surprising turn of events, Elon Musk, the visionary behind Tesla and SpaceX, issued a public apology on X today, expressing regret for his recent posts about U.S. President Donald Trump.
The statement, posted from his handle @elonmusk, reads, “I regret some of my posts about President @realDonaldTrump last week. They went too far,”.
I regret some of my posts about President @realDonaldTrump last week. They went too far.
— Elon Musk (@elonmusk) June 11, 2025
This apology comes on the heels of a bitter public feud that erupted last week when Musk alleged on June 7 that Trump’s name appeared in Jeffrey Epstein’s files, a claim that remains unverified. The controversy triggered a $150 billion drop in Tesla’s market value and prompted Trump to retaliate with threats to cut government subsidies for Musk’s companies, including SpaceX’s $14 billion NASA contracts, as reported by Reuters on June 8.
The timing of Musk’s retraction suggests a strategic pivot amid mounting economic pressure. The feud intensified when Trump criticised Musk on Truth Social, accusing him of meddling in U.S. economic policy over a contentious spending bill.
The apology has sparked debates about Musk’s influence and complex relationship with Trump, who were once allies in the Department of Government Efficiency (DOGE) initiative.
As Tesla shares stabilise and SpaceX’s future hangs in the balance, this development underscores the high stakes of their falling out. Analysts suggest Musk’s move could be an attempt to mend ties and safeguard his business interests.
The world watches as this saga unfolds, with potential implications for U.S. politics and tech innovation.