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The US president and the tycoon at loggerheads: accusations, threats, farewells and the stock market crash. Musk drops the bomb on secret documents linked to Epstein

The alliance between Donald Trump and Elon Musk has officially collapsed. After five months of institutional collaboration, the idyll between the US president and the founder of Tesla and SpaceX has come to a thunderous end, amid vitriol, recriminations and explicit threats. The bone of contention is the new tax reform, the ‘One Big Beautiful Act’, which Trump presents as a historic turning point for the middle class, but which Musk brands a financial disaster.

But the clash escalates when Musk drops the real bombshell: ‘Donald Trump is in Epstein’s files. That’s why they’re not being made public. The truth will come out,’ he writes on X. It is a very serious accusation, which shakes the political and media landscape and marks a point of no return.

A personal and political conflict

Trump, visibly irritated, responds from the White House microphones and accuses Musk of ‘going crazy’ after the revocation of federal subsidies linked to the sale of electric vehicles. ‘I took away his mandate. He knew about it for months, and now he’s reacting like this. I’m very disappointed,’ says the president, adding, ‘I asked him to leave’.

Tension mounts: Musk says he is in favour of impeachment and begins to resurrect old statements by Trump that are in stark contrast to the new tax law. He launches a barrage of attacks: ‘Without me, he would have lost the election,’ and raises a sensational hypothesis: ‘It’s time to found a new political party that truly represents 80% of Americans.’ An online poll rewards him: 80% say yes.

Domino effect on the markets

Meanwhile, Wall Street reacts strongly: Tesla loses 14.26%, while Trump Media and Technology Group drops 8%. It is a sign that the clash is not only political, but directly involves companies, investors and the economy.

From handshakes to online torpedoes

Just a few days ago, Musk officially left his role in the government with words of praise for Trump. ‘I will return as a collaborator,’ he said. Trump responded with ‘he’s not really leaving.’ Now, however, only attacks fly. The president recalls the past with bitterness: ‘We had a great relationship. He campaigned for me in Pennsylvania. But since he left, he has become hostile. I don’t understand what happened to him.”

A crisis that is shaking Washington

Amid insults, threats of billion-dollar cuts and fiery posts, the rift between the two protagonists is also shaking the internal balance of the administration. The feud is far from over. And if Musk really does launch a new party, the clash risks changing the American political landscape forever.

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