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Calarogu Shark Media. Welcome back to feuds, power, pride, and payback.
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I'm Marcus Reid. When we left our story three weeks ago,
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the world had just witnessed the spectacular public meltdown of
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the most powerful political alliance in modern history. In the
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span of six hours on June fifth, twenty twenty five,
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Donald Trump and Elon Musk had gone from reluctant partners
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to bitter enemies, trading threats and accusations that sent shockwaves
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through Washington and Wall Street. But if you thought that
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explosive confrontation was the end of the story, you were wrong.
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What followed was something even more dramatic, the systematic destruction
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of everything they had built together, the emergence of deportation,
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threats against the world's richest man, revelations that would make
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their public war look like a polite disagreement. Tonight, we're
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diving into the aftermath of the explosion the three weeks
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that followed June fifth and proved that when titans fall,
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they don't just crash, They crater. This is the story
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of how a political feud became a legal threat, how
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deportation became a weapon, and how two men who once
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shared power became so consumed with destroying each other that
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they forgot what they were really fighting for. From Steve
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Bannon's deportation demands to Trump's private accusations of drug addiction,
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to polling data that showed America picking sides, this is
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the final chapter of the alliance that was supposed to
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reshape America, but instead reshaped the definition of political warfare.
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This is episode four, the Deportation Threat Act one. The
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morning after June sixth, twenty twenty five, as dawn broke
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over Washington, the political world was still processing what they
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had witnessed the day before. The Trump Musk alliance, the
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partnership that had dominated headlines for six months, was over.
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But in the harsh light of morning, both sides were
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about to discover that their war had consequences neither had anticipated.
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For Elon Musk, the immediate aftermath was financial devastation on
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a scale that even the world's richest man had never experienced.
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Tesla's stock price had collapsed fifteen percent in a single day,
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wiping out thirty four billion dollars of Musk's personal wealth.
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It was the second largest one day loss in financial history.
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Exceeded only by Musk's own thirty six billion dollar loss
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during a previous market crash, But the numbers told only
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part of the story. Trading volumes for Tesla put options
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had exceeded four million contracts, the highest on record. Short
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Sellers who had bet against Tesla for years, made four
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billion dollars in a single day. The market was sending
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a clear message. Investors believed Musk's political war with Trump
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was going to destroy his business empire. The ripple effects
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extended far beyond Tesla. SpaceX was facing questions about its
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five billion dollar debt sale for Musk's AI company Xai.
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Would lenders want to do business with someone locked in
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combat with the President of the United States. Trump Media
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and Technology Group, the president's own social media company, saw
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its shares fall eight percent as investors worried about the
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broader implications of the feud. But for Trump, the morning
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brought a different kind of reckoning in phone calls with
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allies and confidence. Once the President was trying to process
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what had just happened, According to sources who spoke to
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The Washington Post, Trump was dejected and rattled by Musk's
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public attacks. This wasn't the typical political opposition Trump was
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used to fighting. This was personal betrayal from someone he
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had trusted, someone he had brought into the inner circle
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of power. In one particularly revealing phone call, Trump described
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Musk as a big time drug addict, referring to reports
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about Musk's acknowledged use of ketamine for depression. It was
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a vicious personal attack that showed how deeply Musk's betrayal
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had wounded the president, but it also revealed something else.
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Trump was genuinely surprised by the feud. Despite all the
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warning signs, all the behind the scenes tensions we explored
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in previous episodes, Trump hadn't seen this coming. The president's
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advisers were scrambling to contain the damage. Vice President J. D. Vance,
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who had been tasked with managing the relationship with Silicon Valley,
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was caught in an impossible position. In an interview recorded
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on Thursday but released Saturday, Vance described Musk's attacks as
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nuclear and suggested it might not be possible for Musk
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to come back into the fold. But the most ominous
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development came not from Trump himself, but from one of
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his most loyal allies, Steve Bannon. Act two Bannon's gambit.
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Steve Bannon had been waiting for this moment for months.
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The former White House strategist and architect of Trump's populist
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movement had watched with growing alarm as Musk gained influence
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in the administration. To Bannon, Musk represented everything wrong with
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modern conservatism, an elite billionaire with questionable loyalties who had
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somehow convinced Trump to give him unprecedented power. Now with
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the Alliance and Ruins, Bannon saw his opportunity to strike
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a killing blow. On June sixth, in a phone interview
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with The New York Times, Bannon made a statement that
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would reshape the entire feud. They should initiate a formal
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investigation of his immigration status because I am of the
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strong belief that he is an illegal alien and he
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should be deported from the country immediately. It was an
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unprecedented escalation. Bannon wasn't just calling for Musk to be
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removed from government. He was calling for him to be
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removed from the country entirely. The world's richest man, the
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CEO of SpaceX and Tesla, should be investigated and potentially
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deported like any other undocumented immigrant. The allegation wasn't entirely
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without basis. In October twenty twenty four, the Washington Post
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had published a detailed investigation claiming that Musk had worked
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illegally in the United States in nineteen ninety five. According
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to the report, based on former business associates, court records,
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and company documents, Musk had entered the US on a
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J one student visa to attend Stanford University, but had
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never actually enrolled. Instead, he had immediately begun working on
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a start up company that would become Zip to The
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Post cited a two thousand and five email from a
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defamation lawsuit in which Musk allegedly admitted that he had
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applied to Stanford because he otherwise had no legal right
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to stay in the country. If true, it meant that
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Musk had committed visa fraud, a serious immigration violation that
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could theoretically be grounds for revoking his citizenship and deporting
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him decades later. Musk had denied the allegations when they
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first surfaced, posting on x that he was in fact
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allowed to work in the US, but the details were murky,
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and Bannon was now demanding a formal investigation that could
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expose everything the deportation threat was more than just political theater.
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Under US law, naturalization can be revoked if citizenship was
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procured by concealment of a material fact or by wilful misrepresentation.
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If the government could prove that Musk had lied during
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his immigration process, they could strip him of his citizenship
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and begin deportation proceedings. Immigration lawyers were quick to point
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out how unusual such a case would be. Undoing that
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requires a very gung ho u s attorney willing to
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challenge naturalization, explained Robert P. Gaffney, an immigration attorney. We
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don't usually see that in cases that don't involve a
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slam dunk. But these weren't normal circumstances. Bannon wasn't just
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making a legal argument, he was making a political one.
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He was challenging Trump to prove his commitment to immigration
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enforcement by going after the highest profile target imaginable, the
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world's richest man. For Trump, Bannon's gambit created a perfect
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storm of opportunity and risk. On one hand, deporting Musk
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would be the ultimate demonstration of Trump's power and his
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commitment to immigration law. It would show that no one,
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not even billionaires, was above the law. On the other hand,
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it would be an unprecedented escalation that could have massive
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economic and political consequences. SpaceX was crucial to NASA's operations
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and America's space program. Tesla was a major American manufacturer.
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Going after Musk could damage relationships with other Silicon Valley
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leaders and potentially hurt American com competitiveness. But Bannon had
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calculated correctly. He knew Trump's psychology better than almost anyone.
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The President was wounded, angry, and looking for ways to
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strike back at someone who had humiliated him on the
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world stage. The deportation threat was the perfect weapon, legal, devastating,
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and completely within Trump's power to pursue Act three. The
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Cold War begins. As the deportation threat swirled, both Trump
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and Musk seemed to recognize that their war had reached
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a dangerous new level. After the nuclear exchange of June fifth,
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both sides pulled back from their most aggressive public attacks,
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but behind the scenes, a different kind of warfare was beginning,
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a Cold war of bureaucratic pressure, economic threats, in legal maneuvering.
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Trump's response was characteristically direct. In interviews with multiple news outlets,
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he made clear that his relationship with Musk was over.
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I would assume so, yeah, he told NBC when asked
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if the relationship was finished. He had no plans to
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speak with Musk anytime soon and was not even thinking
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about the Tesla CEO. But Trump wasn't content to simply
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ignore Musk. He began systematically reviewing every aspect of the
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government's relationship with Musk's companies. We'll take a look at everything,
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Trump told reporters. It's a lot of money. The numbers
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were staggering. SpaceX alone held contracts worth billions of dollars
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with NASA, the Department of Defense, and other federal agencies.
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Tesla benefited from environmental tax credits and subsidies worth hundreds
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of millions annually. Starlink, Musk's satellite internet service, had contracts
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with the military and rural broadband programs. All of it
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was now under review. Trump wasn't just threatening to cancel
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future contracts, he was examining whether existing agreements could be
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terminated for costs. The message was clear. If Musk wanted
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to fight the President of the United States, he would
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discover exactly how much his business empire depended on government support.
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The threats extended beyond business. Trump hinted at broader consequences
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if Musk decided to fund Democratic candidates in upcoming elections.
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He'll have to pay very serious consequences if he does that,
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Trump warned, though he wouldn't specify what those consequences might be. Musk,
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for his part, seemed to recognize the danger of his position.
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After his explosive attacks on June fifth, his social media
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activity became noticeably more restrained. He stopped directly attacking Trump
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and instead focused on broader political themes. On June sixth,
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he posted a poll asking his two hundred twenty million followers,
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is it time to create a new political party in
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America that actually represents the eighty percent in the middle.
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The poll results, which showed exactly eighty percent support for
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a new party, allowed Musk to pivot from personal attacks
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on Trump to a broader critique of the two party system.
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It was a clever move that let him maintain his
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opposition to Trump's policies while avoiding the kind of personal
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insults that had made the feud so toxic. But the
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poll also revealed Musk's strategic thinking. He was seriously considering
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launching his own political movement one that could potentially draw
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support from both disillusioned Republicans and moderate Democrats. It was
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an ambitious plan that could reshape American politics if Musk
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could survive the Trump administration's attempts to destroy his business empire.
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The Cold War was also playing out in Congress, where
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Republican leaders found themselves caught between their loyalty to Trump
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and their practical need for Musk's support. House Speaker Mike
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Johnson tried to thread the needle, saying he had been
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texting with Musk and hoped the dispute would be resolved quickly.
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I don't argue with him about how to build rockets,
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and I wish he wouldn't argue with me about how
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to craft legislation and pass it, Johnson said diplomatically, But
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other Republicans were less diplomatic. Representative Troy Needles of Texas
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demanded that Musk stop attacking Trump, saying his statements were
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irresponsible and certainly not healthy. The message from Congressional Republicans
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was clear, choose Trump or choose exile from the Party.
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Act four America pick sides. While Trump and Musk waged
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their Cold War in Washington and Silicon Valley something fascinating
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was happening across the country. Ordinary Americans were choosing sides
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in the most consequential political feud of the modern era.
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The polling data revealed a stark and decisive result. According
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to a Yugov survey conducted in the week following the
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June fifth explosion, Republicans overwhelmingly sided with Trump over Musk
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by a margin that was almost comical in its one sidedness.
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Seventy four percent backed Trump, while only six percent supported Musk.
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But the numbers were even more dramatic when broken down
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by Trump's most loyal supporters. Among Republicans who identified as
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MAGA Republicans, ninety two percent sided with Trump and just
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four percent with Musk. Even among non MAGA Republicans, those
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who considered themselves more traditional conservatives, fifty one percent percent
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backed Trump, compared to only nine percent for Musk. The
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polling revealed something profound about the nature of political loyalty
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in the Trump era. Musk had spent over two hundred
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ninety million dollars to help elect Trump. He had used
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his massive social media platform to amplify Trump's message. He
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had appeared at rallies and given Trump unprecedented access to
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Silicon Valley's elite. But when the chips were down, when
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voters had to choose between Trump and the man who
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had helped put him in office, it wasn't even close.
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The demographic breakdowns were equally revealing. Musk's favorability ratings among
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Republicans had collapsed from seventy six percent favorable and eighteen
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percent unfavorable to sixty seven percent favorable and twenty eight
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percent unfavorable in just one week. His net favorability among
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Republicans fell from plus fifty nine to plus thirty nine,
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a running twenty point drop that showed how quickly political
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fortunes could change in the Trump universe. Democrats, meanwhile, remained
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consistently opposed to Musk, with around eighty percent viewing him
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unfavorably both before and after the feud. The fight with
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Trump hadn't made Musk any more popular with liberals. It
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had simply cost him his support among conservatives without gaining
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him anything on the left. The polling also revealed the
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power of attribution in political messaging. When Yugov asked Americans
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whether they agreed with a statement that Trump's budget will
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massively increase the already gigantic budget deficit to two point
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five trillion and burden American citizens with crushingly unsustainable debt.
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More people agreed when told the statement came from Musk
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than when it was presented without attribution. Musk's name still
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carried weight on fiscal issues, even among people who opposed
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him politically. But perhaps the most striking finding was how
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the feud affected perceptions of Trump himself. Despite the chaos
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and negative headlines, Trump's approval ratings remained largely stable. The