'Credit where credit is due': Elon Musk praises Trump, a day after threatening to form a new party
- Posted on July 2, 2025
- By Business News Today
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'Credit where credit is due': Elon Musk praises Trump, a day after threatening to form a new party

Elon Musk acknowledged Donald Trump's role in brokering a ceasefire between Israel and Hamas. This came amidst rising tensions between them over a spending bill. Trump threatened to revoke Musk's citizenship and federal contracts. He also hinted at potential issues for SpaceX and Starlink. Musk responded cautiously, refraining from escalating the conflict. Tesla shares experienced a dip following the threats.