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Marketplace All-in-One

Lessons in corporate governance from the Trump-Musk spat

Marketplace All-in-One

Marketplace

News, Business

4.81.3K Ratings

🗓️ 6 June 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

It's a public breakup of sorts: Elon Musk thinks President Donald Trump's "big, beautiful bill" is bloated and financially destructive. In response, Trump is threatening moves that will hurt Musk's companies including SpaceX and Tesla. We'll discuss what it says about how companies manage their CEOs. Plus, try not to finish all the popcorn before the movie starts. AMC says it will show even more ads ahead of feature films starting in July.

Transcript

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0:00.0

You know how you always want to know about everyone else's money?

0:03.1

On the podcast, what we spend, guests will for one week tell us everything they spend their money on.

0:08.4

My son slammed $6 for the blueberries in five minutes.

0:11.9

And everything that makes them feel.

0:14.0

I want to own a house.

0:14.8

I want to have a child.

0:16.0

But this morning, I really wanted a coffee.

0:18.3

Because at the end of the day, money is always about more than your balance.

0:23.5

Listen to and follow what we spend, an Odyssey original podcast, available now wherever you get your podcasts.

0:30.9

Hey, if you're listening to this, I will assume you're at least interested in money, understanding the economy, and finances as well.

0:37.1

And some of us now want to get

0:38.1

the next generation interested as well. So check out Million Bazillion, Marketplace's award-winning

0:43.1

kids podcast that breaks down money to help dollars make more sense. Tune into Million

0:47.7

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0:52.4

Million Bizzillion is presented in partnership with Greenlight.

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1:01.5

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1:06.9

What the Trump-Musk contra-tomp tells us about how companies manage their CEOs.

1:13.7

I'm David Brancaccio in Los Angeles. Good morning to you. We'll start with the ugly breakup of the relationship between President Donald Trump and professional businessman and amateur federal budget cutter Elon Musk, who thinks President Trump's signature tax cutting and federal program cutting bill is bloated and financially destructive.

1:33.5

As you've been hearing, Musk has gotten personal and Trump is threatening moves that will hurt Musk's companies, including SpaceX and Tesla.

1:41.3

There are lessons in corporate governance here.

...

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