Trump Denies Plans To Cut Musk Subsidies, Affirms Support

President Donald Trump has publicly denied reports that he intends to cut federal subsidies to Elon Musk's companies, asserting instead that he wants Musk and all American businesses to thrive. Despite recent tensions between the two, including Musk's departure from the Department of Government Efficiency (DOGE) and criticism of Trump's budget policies, Trump emphasized on his Truth Social platform that the better Musk's companies perform, the better the United States will do economically. This clarification comes after earlier comments from Trump suggesting DOGE might scrutinize Musk's subsidies to save money, which Musk responded to by advocating for cuts. The president highlighted the nation's strong economic momentum and expressed a desire to maintain it by supporting business growth. Their relationship has been marked by a public feud involving Musk’s companies such as SpaceX and Tesla, and Musk’s launch of a new political party challenging the traditional two-party system. Trump’s statements indicate a shift toward a more supportive stance, focusing on national economic success through thriving businesses.