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Viewsroom

Elon Musk has a lot to lose in Trump brawl

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 12 June 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

The Tesla and SpaceX billionaire boiled over with criticism of the US president after leaving his government cost-slashing role. In this Viewsroom podcast, Breakingviews columnists debate the tale of the tape for the bruising bust-up. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:30.3

The views expressed on this podcast are those of the participants, not Arroyd's News.

0:52.3

It's kind of a false choice to think that there's any wiggle room between the United States and SpaceX in one way, because the U.S. government's about a third, a quarter to a third of all revenues at SpaceX. So their SpaceX is tremendously dependent on them.

0:56.7

And the US is tremendously dependent on SpaceX

0:58.7

because about 90% of all launches are from SpaceX.

1:02.6

So both of them are caught together.

1:06.9

The question is what happens and can they,

1:09.2

and what are the dangers for both of them from being stuck in this relationship?

1:16.7

I could have said, drop to your knees and beg, and he would have done it.

1:20.6

So President Trump once said of Tesla and SpaceX boss, Elon Musk.

1:24.4

The tycoon hasn't seemed in a begging mood of late.

1:29.1

Once verbal sparring partners during Trump's first run in office, and for years following, the richest man in the world

1:33.5

and the leader of the most powerful country in the world sealed the defining alliance of the

1:38.0

2024 U.S. presidential election, with Musk backing Trump's campaign to the tune of a quarter

1:42.9

of a billion dollars.

...

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