Tech billionaire Elon Musk on Wednesday said he regretted some of the social media posts he made about U.S. President Donald Trump last week during an explosive public dispute with his former close ally.
The feud dissolved a tight partnership that had propelled Musk to spearhead the budget-slashing Department of Government Efficiency (DOGE) under Trump’s second administration, fueling market concerns over the outlook for the tech tycoon’s Tesla and SpaceX businesses.
Musk’s Tesla saw its biggest ever hit to its market cap in the aftermath of the feud, but shares have since been recouping losses.
“I regret some of my posts about President @realDonaldTrump last week. They went too far,” Musk said on the X social media platform.
The conflict was sparked by Musk’s opposition to the Trump-backed “One Big Beautiful Bill Act” tax and spending bill. In a CBS interview, Musk said that the package “undermines” the work of DOGE, further blasting it on social media by saying it would substantially increase the U.S.′ budget deficit. The Trump administration has refuted this point.
