In a surprising shift, Elon Musk issued a public apology to former President Donald Trump early Wednesday morning, signaling a potential thaw in their ongoing feud. The Tesla and SpaceX CEO posted on X at 2:04 a.m. CDT:
I regret some of my posts about President @realDonaldTrump last week. They went too far.
— Elon Musk (@elonmusk) June 11, 2025
The feud began on June 5 when Musk claimed — without evidence — that Trump was tied to unreleased Jeffrey Epstein files. The only publicly known link remains a 2000 photo of Trump with Epstein and Ghislaine Maxwell. The post sparked backlash, a 15% plunge in Tesla stock, and added pressure on Musk after a reported 71% drop in Tesla’s Q1 profits. Musk also exited his role with the Department of Government Efficiency (DOGE) late last month amid mounting scrutiny, as previously reported by The Dallas Express.
The apology may reflect growing economic and political pressure. During the feud, Trump threatened to reassess billions in federal contracts involving Tesla and SpaceX—moves that would impact Musk’s core businesses.
Later on Wednesday, Trump addressed the apology during a podcast interview on Pod Force One with Miranda Devine, saying on air:
“Look, I have no hard feelings…I guess I could [reconcile], but we have to straighten out the country.”
Trump also described Musk’s apology as “very nice” in press comments.
Musk has been a significant donor to Trump—reportedly contributing $300 million to his 2024 campaign, according to The Guardian. With government contracts and political alignment at stake, a complete fallout could be costly for both parties.
Both stocks have since responded positively. After falling post-feud, Tesla shares have recovered much of their value and were trading around $325 mid‑Wednesday. Likewise, Trump Media & Technology Group (DJT) rallied approximately 4% after its initial decline, though it remains well beneath its previous highs.