Musk says Trump seems in Epstein information and $150bn wiped off Tesla’s worth as row between them explodes


Elon Musk says Donald Trump seems in information referring to the disgraced paedophile financier Jeffrey Epstein.

It is the most recent in a string of barbs between the boys as they seem to have dramatically fallen out in a public spat.

In a submit on X, the tech billionaire mentioned: “@realDonaldTrump is within the Epstein information. That’s the actual cause they haven’t been made public.

“Mark this submit for the longer term. The reality will come out.”

Donald Trump at his Mar-a-Lago estate in Florida with Jeffrey Epstein in 1997. Pic: Getty Images
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Donald Trump at his Mar-a-Lago property in Florida with Jeffrey Epstein in 1997. Pic: Getty Photos

In an announcement, she mentioned: “That is an unlucky episode from Elon, who’s sad with the One Huge Lovely Invoice [a Republican tax and spending bill] as a result of it doesn’t embrace the insurance policies he wished.

“The president is targeted on passing this historic piece of laws and making our nation nice once more.”

Epstein killed himself in his jail cell in August 2019 whereas awaiting trial on expenses of intercourse trafficking minors.

Jeffrey Epstein. File pic: New York State Sex Offender Registry via AP
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Jeffrey Epstein. File pic: New York State Intercourse Offender Registry by way of AP

Learn extra:
Evaluation: Trump v Musk has obtained very messy in a short time

January 2024: Epstein checklist – Who is known as in unsealed paperwork?

Trump in beforehand launched Epstein paperwork

Donald Trump has been named in beforehand launched paperwork referring to Jeffrey Epstein.

One Epstein accuser in 2016 mentioned she spent a number of hours with the disgraced financier at a Trump on line casino however she didn’t say if she met Mr Trump and didn’t accuse him of any wrongdoing.

Mr Trump as soon as mentioned he believed Epstein was a “terrific man” however that they later fell out.

The newest claims by Musk concerning the Epstein information faucet into conspiracy theories that delicate information the federal government possesses haven’t but been launched.

In one other submit on Thursday, Musk, the proprietor of social media platform X, attacked Mr Trump’s tariffs, saying they “will trigger a recession within the second half of this 12 months.”

The Tesla boss shared a submit calling for Mr Trump’s impeachment and requested whether or not it was “time to create a brand new political occasion in America that truly represents the 80% within the center”.

Musk additionally mentioned his firm SpaceX will start decommissioning its Dragon spacecraft “instantly” following Mr Trump’s threats to cancel authorities contracts with Musk’s companies.

Dragon is the one US spacecraft out there to ship crew to and from the Worldwide Area Station.

The spat has already hit Tesla shares, which misplaced about $150bn (£111bn) in worth, closing down 14.3% for the day.

President Donald Trump and Tesla CEO Elon Musk talk with to reporters near Tesla vehicles on the South Lawn of the White House Tuesday, March 11, 2025, in Washington. (Pool via AP)
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President Trump has responded to Musk’s criticisms about his signature tax invoice. Pic: AP.

It comes after the president mentioned he was “dissatisfied” with Musk after the entrepreneur publicly criticised Mr Trump‘s signature tax invoice.

The president prompt his former backer and adviser missed being in authorities and has “Trump derangement syndrome”.

He added: “I am very dissatisfied in Elon. I’ve helped Elon quite a bit.”

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Footage reveals Trump and Epstein in 1992

In a Reality Social submit, the US president mentioned: “Elon was ‘sporting skinny,’ I requested him to go away, I took away his EV mandate that pressured everybody to purchase electrical vehicles that no one else wished (that he knew for months I used to be going to do!), and he simply went loopy!”.

On Tuesday, the world’s richest man referred to as the president’s tax and spending invoice “outrageous” and a “disgusting abomination” – days after abruptly leaving his place spearheading the Division of Authorities Effectivity (DOGE).

The invoice, which incorporates multi-trillion-dollar tax breaks, was handed by the Home Republicans in Might and has been described by the president as a “huge, lovely invoice”. Against this, Musk has referred to as it the “huge, ugly invoice”.

FILE PHOTO: Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., February 11, 2025. REUTERS/Kevin Lamarque/File Photo
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Musk claimed duty for Mr Trump’s election success. Pic: Reuters.

Shortly after the president expressed his disappointment in Musk on Thursday, the SpaceX boss responded.

“False”, he wrote on his X platform.

“This invoice was by no means proven to me even as soon as and was handed in the dark so quick that just about nobody in Congress might even learn it!”

In one other scathing submit on X, Musk claimed duty for Donald Trump’s re-election success.

He wrote: “With out me, Trump would have misplaced the election, Dems would management the Home and the Republicans could be 51-49 within the Senate.”

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Why does not Musk like Trump’s ‘Huge Lovely Invoice’?

It got here after Mr Trump instructed reporters the Tesla chief government was unimpressed electrical car incentives have been being debated within the Senate and will face being minimize.

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Final Thursday, Musk revealed on X that his scheduled time as a “particular authorities worker” was coming to an finish.

Earlier than the information broke, Musk’s father instructed Sky Information his son was “not an excellent politician”.

However talking to Gillian Joseph on The World, Errol Musk insisted there was “no rift between Elon and Donald Trump”.

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