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The 11th Hour with Stephanie Ruhle

Elon Musk and Trump’s Fight Over Megabill Heats Up

The 11th Hour with Stephanie Ruhle

NBC News

Politics, Washington, News, President, Policy, Government, Senate, Congress, Msnbc

4.53.6K Ratings

🗓️ 6 June 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

Elon Musk and President Trump’s public battle over the GOP megabill escalates with nasty exchanges over social media. Then, how the ongoing feud cost Tesla $152 billion dollars in market value. Plus, what this feud means for the U.S. military and national security. Peter Baker, Jessica Yellin, Max Chafkin, John Harwood, Ron Insana, Paul Rieckhoff and Gene Seroka join The 11th Hour this Thursday.

Transcript

Click on a timestamp to play from that location

0:00.0

Tonight going nuclear, Elon Musk and Donald Trump's fight over the GOP spending bill escalates and explodes into a brutal public feud.

0:10.0

Then the fallout, the president threatens to cut Musk's big federal contracts and Tesla shares get crushed.

0:16.8

Plus, Musk supercharges his attack on Trump's trade war, predicting a tariff-induced recession as the 11th hour gets underway on this Thursday night.

0:30.4

Here we go.

0:31.9

Good evening once again.

0:33.1

I am Stephanie Ruhl, live from Los Angeles, and it is a 137 of the second Trump administration. And today,

0:40.5

we saw the massive collision of money, power politics on the public stage. It was basically like a

0:47.1

10-car pile-up on the 405. The big breakup that so many saw coming between the president and the

0:53.1

world's richest man. Well, it finally

0:55.0

happened. Today, Donald Trump and Elon Musk absolutely trashed one another publicly. It was quick

1:02.1

and a nasty turn in the relationship that shaped the 2024 election and a bond that directed the

1:08.1

first six months of the second Trump White House, Elon Musk, who's

1:12.7

often referred to as the shadow president. My colleague, Garrett Hake, has all the twists and

1:18.6

turns of what was a tumultuous day. Tonight, the stunning public breakup.

1:25.4

Elon and I had a great relationship.

1:28.3

I don't know well anymore. I was surprised.

1:31.3

Just days after that lavish Oval Office sendoff.

1:34.3

He's not a fantastic job.

1:36.3

I expect to remain a friend and an advisor.

1:40.3

President Trump and his once top ally, Elon Musk, now in a nasty public feud.

1:45.3

I'm very disappointed in Elon. I've helped Elon a lot.

1:48.3

All starting this morning when the president was asked about the former Doge leader's criticism of his so-called big, beautiful bill,

...

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