Start United States USA — Financial What's really fueling Elon Musk's latest outburst against Trump's tax bill?

What's really fueling Elon Musk's latest outburst against Trump's tax bill?

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From DOGE disappointment to protecting his business interests, there are several explanations for Musk’s criticism of Trump’s „Big Beautiful Bill.“
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In today’s big story, Elon Musk had some not-so-nice things to say about President Donald Trump’s tax bill.
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But first, I just can’t stand it anymore.Elon has something to say
Beauty is in the eye of the beholder, and Elon Musk doesn’t see anything pretty in the „Big Beautiful Bill.“
The billionaire railed against President Donald Trump’s tax bill Tuesday afternoon, calling it a „disgusting abomination.“
Musk, known for keeping his opinions to himself, posted on X that he „just can’t stand it anymore“, before criticizing the „massive, outrageous, pork-filled Congressional spending bill.“
„Shame on those who voted for it: you know you did wrong. You know it“, he added.
He’s not the only one attacking Trump’s bill. Some within the president’s own party have gone after it for fueling the government’s growing deficit.
So what’s behind Musk’s outburst?
We’re less than a week removed from his decision to leave Washington. Why jump back into the fray?
Here’s what could be rubbing him the wrong way about the bill:
DOGE disappointment: According to one estimate, Trump’s tax bill will increase the deficit by $4 trillion over 10 years. That’s probably a difficult pill to swallow for Musk, who was tasked with cutting that down via DOGE.
The group took extreme measures trying to achieve that, and Musk faced plenty of professional and personal backlash. Now he’s seeing the tax bill „undermine“ — his words, not mine — all of that work.
Musk Inc. and the tax bill: Despite his recent foray into politics, Musk is still a business owner at heart. Trump’s tax bill has real implications for his companies, both good (SpaceX) and bad (Tesla).

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