Trump Is Bleeding Hundreds of Millions Thanks to Musk’s War.
The explosion of Donald Trump’s once-cozy friendship with Elon Musk is hitting them hard where it hurts most—in the pocketbook.
As reported Thursday, Musk’s personal fortune was cut by $26.6 billion after Tesla shares slumped by more than 14 percent, wiping a mind-boggling $150 billion off the EV giant’s market value.
But Trump isn’t escaping unscathed. According to Axios, Trump Media & Technology Group stock declined 8 percent, while his MAGA-fueled $TRUMP cryptocurrency tumbled 12 percent—bleeding him of more than a billion dollars.
The website reported that the 8 percent dip in Trump Media & Technology Group cost the president around $202 million.
The explosion of Donald Trump’s once-cozy friendship with Elon Musk is hitting them hard where it hurts most—in the pocketbook.
As reported Thursday, Musk’s personal fortune was cut by $26.6 billion after Tesla shares slumped by more than 14 percent, wiping a mind-boggling $150 billion off the EV giant’s market value.
But Trump isn’t escaping unscathed. According to Axios, Trump Media & Technology Group stock declined 8 percent, while his MAGA-fueled $TRUMP cryptocurrency tumbled 12 percent—bleeding him of more than a billion dollars.
The website reported that the 8 percent dip in Trump Media & Technology Group cost the president around $202 million.
18 hours ago
