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your credit. Terms and conditions apply. As Trump and Musk torch their partnership, we'll look at what each stands to lose.

Plus, GOP senators move to shore up funding for NASA programs threatened by budget cuts.

And we exclusively report that Iran turns to China as it stocks up on materials for ballistic missiles.

President Trump has said he wants Vladimir Putin to help

solve the Iranian nuclear crisis, yet he held a call with President Xi of China, where they didn't

discuss Iran. It is in fact China that has the leverage. It's Friday, June 6th. I'm Luke Vargas

for the Wall Street Journal, and here is the AM edition of What's News,

the top headlines and business stories, moving your world today.

We begin today with more fallout from the show-stopping breakup between President Trump

and the world's richest man, Elon Musk. That meltdown escalated quickly yesterday

afternoon as Trump used an Oval Office meeting with Germany's chancellor to publicly lay out

his frustrations with Musk, and by the evening the two men were trading threats, with Trump

toying with the idea of cutting off government contracts to Musk's companies and

Musk floating the creation of a new political party suggesting Trump should be impeached and

saying his tariffs would trigger a recession. The extraordinary fight carries risks on both sides,

especially as journal Washington coverage chief Damian Palletta said that the president

...