President Donald Trump threatened to cut Elon Musk’s government contracts as their fractured alliance escalated into a public feud Thursday. The world’s richest man responded in kind, saying he’d decommission a space capsule used to take astronauts and supplies to the International Space Station.

Shares of Musk’s electric vehicle maker Tesla fell 14%, knocking about $150 billion off the company’s market valuation.

  • dinren
    link
    fedilink
    arrow-up
    8
    arrow-down
    1
    ·
    17 hours ago

    knocking about $150 billion off the company’s market valuation.

    To Elon isn’t on top of the money anymore?