Trump-Musk Feud Hits Tesla, Crypto Markets Tumble
The Essentials at a Glance
A public dispute between U.S. President Donald Trump and entrepreneur Elon Musk has not only caused political waves but also shaken the financial markets. Tesla lost around 150 billion U.S. dollars in market value in a single day. At the same time, the crypto market came under pressure. Bitcoin briefly fell below the 100,000 U.S. dollar mark. Despite the turbulence, long-term investors continue to show confidence in Bitcoin. Well-known Bitcoin advocate Samson Mow is advising Musk to take a radical step: return to accepting Bitcoin payments at Tesla and build a Bitcoin reserve.
Trump vs. Musk: The Trigger of the Crisis
The conflict began when Trump publicly announced he would terminate federal contracts with Musk’s companies. This threat led to a 14.26% drop in Tesla’s stock price. As a result, the company’s market capitalization fell by about 150 billion U.S. dollars. On his platform Truth Social, Trump criticized Musk’s role in electromobility and called him “thin-skinned.”
Musk responded with a satirical image in the style of the movie “Kill Bill,” intended to symbolize protest against Trump’s legislative plans. This action fueled the meme economy: a new token called “Kill Big Beautiful Bill” (KBBB) temporarily reached a market capitalization of over 53 million U.S. dollars.
Crypto Market Under Pressure
The tensions between Trump and Musk did not leave the crypto market unaffected. Bitcoin (BTC) temporarily fell below 100,500 U.S. dollars – a drop of over 4%. Although the price slightly recovered to around 103,374 U.S. dollars, other cryptocurrencies also suffered:
- Ethereum (ETH): –7.25%
- Ripple (XRP): –4.35%
- Solana (SOL): –5.20%
Within 24 hours, positions worth 982.55 million U.S. dollars were liquidated – 891.63 million of which came from long positions. This shows how heavily leveraged bets on rising prices were punished.
Samson Mow: Bitcoin as a Shield
Amid the crisis, Samson Mow, CEO of Jan3 and prominent Bitcoin advocate, spoke out. On the platform X, he urged Elon Musk to resume accepting Bitcoin payments at Tesla and to include BTC as part of the company’s reserves. SpaceX should also offer discounts for BTC payments.
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Mow sees this not just as an economic decision, but as a strategic move toward independence from the fiat system. In his view, Bitcoin could serve as a hedge against potential government actions – such as freezing assets in U.S. dollars. His comment: “This is not financial advice. This is freedom advice.”
Long-Term Bitcoin Investors Remain Calm
Despite short-term losses, a remarkable trend has emerged: the number of so-called HODLers – investors who hold Bitcoin long-term – has reached a two-year high. This indicates growing conviction that Bitcoin will gain value over the long run, regardless of political or economic turbulence.
Our Assessment
The dispute between Trump and Musk demonstrates how strongly political decisions can influence financial and crypto markets. The drop in Tesla and Bitcoin prices highlights the close interconnection between economy, technology, and politics. Nevertheless, confidence in Bitcoin among long-term investors remains stable – a sign of the market’s increasing maturity.
Samson Mow’s proposal to use Bitcoin as a strategic tool against political risk may seem radical – but in an increasingly unpredictable environment, it is not unfounded. Whether Musk will follow this path remains to be seen. One thing is clear: the coming weeks could be critical for the future of Tesla, Musk, and the crypto market.
| Symbol | BTC |
| Coin type | Alt Coin |
| Transaction Speed | Slow |
| Pros |
|
| Cons |
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| Further practical applications | |
| Price | 103978 |
| 24h % | -0.83 % |
| 7d % | -1.74 % |
| 30d % | 7.21 % |
| 60d % | 35.18 % |
| 1y % | 46.53 % |
| Market Cap | $2,065,795,462,267.00 |
| Max. Supply | 21,000,000.00 |
| Official Links | Website | Whitepaper | Source Code |
| Socials | Reddit | X | Message Board |
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