Trump Warns Musk About Political Funding Amid Tensions

In a tense phone call on June 8th, 2025, former President Donald Trump issued a warning to Elon Musk regarding potential political funding for Democratic candidates. This exchange highlights the escalating political tensions between Trump and Musk as they navigate their contrasting viewpoints. While Trump emphasized the severity of consequences if Musk were to financially support Democrats running against Republicans who support the GOP budget bill, no immediate financial market repercussions have been observed in the crypto market. Notably, the potential political ramifications are being closely scrutinized by experts and key stakeholders, including Governor Gavin Newsom.