June 11, 2025
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3:04Now PlayingElon Musk, who served as a close adviser and confidant to President Donald Trump until a bitter public falling out last week in a series of social-media posts, issued his strongest sign of contrition yet over how he handled the rupture. "I regret some of my posts about President @realDonaldTrump last week," he said on his social-media platform, X. "They went too far." The dispute, which was triggered by Musk's opposition to the tax-cut bill Trump is pushing through Congress — posed a threat to Musk's wealth when the president raised the prospect of retaliating by cutting off his government contracts. That would have battered SpaceX, his rocket company, and Tesla Inc.'s stock price tumbled last Thursday, before recovering most of the loss. Bloomberg Anchor Tom Mackenzie joins Caroline Hepeker and Valerie Tytel with the details.
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