‘The Large Cash Present’ panel discusses Elon Musk’s daring prediction that synthetic intelligence will make work elective and cash irrelevant within the close to future.
Billionaire Elon Musk predicts that President Donald Trump’s administration might be adopted by two phrases of a JD Vance presidency.
Musk positioned the guess throughout a video look at a reunion of his DOGE cost-cutting staff final month, saying the U.S. is originally of a “nice 12-year span,” Politico reported Tuesday. Musk reportedly informed attendees that he opted to hitch the occasion just about as a result of information of it was public, and he rated himself among the many high assassination targets within the nation, behind solely Trump and Vance.
Attendees on the occasion had their telephones positioned in pouches for the period, and so they solely bought them again when boarding buses leaving the venue.
Musk’s relationship with Trump has been rocky after the pair fell out over the passage of the “Large Lovely Invoice” earlier this 12 months. However, the spat seems to be behind them.
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Elon Musk and U.S. President Donald Trump have had a roller-coaster of a relationship in 2025. (Kevin Dietsch / Getty Pictures)
Trump mentioned Tuesday he nonetheless likes Musk “so much” when requested whether or not Musk was “again in [his] circle of mates.”
“Properly, I actually do not know. I imply, I like Elon so much,” he mentioned throughout Tuesday’s Cupboard assembly. He praised Musk’s endorsement through the 2024 marketing campaign earlier than noting their disagreement over electric-vehicle coverage.
Musk was a fixture within the White Home within the early days of the second Trump administration, as he took on the position because the Division of Authorities Effectivity’s de facto chief. He served as a particular authorities worker with the Trump administration to assist lead DOGE, often attending Cupboard conferences and becoming a member of Trump throughout public occasions. Musk’s tenure with DOGE wrapped up on the finish of Could.
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White Home senior advisor, Tesla and SpaceX CEO Elon Musk led DOGE within the opening months of Trump’s presidency. (Win McNamee/Getty Pictures / Getty Pictures)
Musk had additionally championed Trump through the 2024 election cycle, criss-crossing battleground states that finally all voted for the Republican candidate over former Vice President Kamala Harris.
Trump repeatedly celebrated Musk for his efforts at DOGE to take away potential federal overspending, fraud and mismanagement – an effort assailed by authorities workers and Democrats who protested each the Trump administration and Musk repeatedly earlier this 12 months.
The comfortable friendship fell to items in June, nevertheless, when Musk started publicly ridiculing the “One Large Lovely Invoice,” which was a large piece of laws Trump signed into regulation in July that advances his agenda on taxes, immigration, vitality, protection and the nationwide debt.
TRUMP’S MAIN DOGE OFFICE SHUTTERS — BUT ITS WAR ON GOVERNMENT WASTE ISN’T OVER
President Donald Trump says he “likes Elon so much” regardless of the pair’s falling out earlier this 12 months. (Andrew Caballero-Reynolds/AFP by way of Getty Pictures / Getty Pictures)
Musk railed in opposition to the laws, which Trump had been rallying Republican lawmakers to cross because the starting of his second time period, posting on X that it could be the “BIGGEST DEBT ceiling enhance in HISTORY,” and in addition claiming in a private assault on Trump that “@RealDonaldTrump is within the Epstein recordsdata.”
Trump beforehand informed the media that his relationship with Musk modified when he started discussing plans to remove the electrical automobile mandate, which might have an effect on Musk’s signature firm, Tesla. Trump signed a trio of congressional resolutions in June ending California’s restrictive guidelines for diesel engines and mandates on electrical automobile gross sales, celebrating that his signature “will kill the California mandates endlessly.”
The pair abruptly parted methods in June, with Musk weeks later providing some help to Trump’s presidential actions on social media, corresponding to praising a ceasefire deal between Israel and Hamas in July.
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Musk most lately attended a Trump occasion on Nov. 18 on the White Home for a dinner with Crown Prince Mohammed bin Salman of Saudi Arabia, alongside dozens of different high-profile enterprise leaders.
Fox Information’ Emma Colton contributed to this report.