Archive · 24 Jul 2025
Trump Denies Plans to Cut Musk's Subsidies, Seeking Business Thrive
Donald Trump, the former US president, said he won't cut the government money given to Elon Musk's companies, even after suggesting the opposite.
Trump wants Musk and other American businesses to do well.
This comes after a public disagreement where Trump seemed critical of Musk's subsidies, prompting Musk to say he wants to eliminate all subsidies.
The two previously had a disagreement, and Musk has started a new political party.
Donald Trump denies plans to cut federal subsidies for Elon Musk's companies.
Trump stated he wants American businesses, including Musk's, to thrive.
This follows Trump's suggestion to use DOGE, a cost-cutting agency, to scrutinize Musk's subsidies.
Musk responded by advocating to 'CUT IT ALL' of subsidies.
The pair had a public dispute previously, which involved criticism and Musk starting a new political party.
- Who
- Donald Trump and Elon Musk
- What
- Donald Trump denies plans to cut federal subsidies to Elon Musk's companies.
- When
- The statement was made recently, following a public dispute earlier.
- Where
- United States
- Why
- Trump wants American businesses to thrive and denies intentions to negatively impact Musk's companies.
Trump's initial statement
Musk's View
Subsidies
Trump's initial statement
Trump suggested the DOGE cost-cutting agency should review Musk's subsidies.
Musk's View
Trump now denies plans to cut subsidies.
- Politician
- Donald Trump
- Business Person
- Elon Musk
- Dispute Origin
- Over subsidies and government spending
- Trump's Stance
- Wants businesses to thrive
- Musk's Response
- Advocates to cut subsidies
- Political Action
- Musk launches a new political party