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Trump says he wants Musk and his companies to thrive in US

UNITED STATES, JUL 24 – Trump denies efforts to block federal contracts with Elon Musk's companies despite previous reports and ongoing public disputes between the two figures.

  • On Thursday, President Donald Trump denied claims that he intends to destroy Elon Musk's companies in the United States.
  • His denial followed previous threats and reports that he would cut or remove large federal subsidies granted to Musk's companies amid a public feud.
  • Trump emphasized on social media that he wants Elon Musk and all American businesses to thrive and praised the country's strong economic momentum.
  • He expressed his desire for Elon and all domestic companies to prosper more than ever, while also emphasizing his intention to eliminate all subsidies.
  • The dispute suggests ongoing tension between Trump and Musk, who left the White House advisory role in late May amidst disagreements over federal spending and policy.
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Forbes broke the news in United States on Thursday, July 24, 2025.
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