2024-11-23 12:49:05 :
A fight broke out between tech billionaires Elon Musk and Jeff Bezos after Musk accused Bezos of advising people to sell Tesla and SpaceX shares, claiming Donald Trump would lose the US presidential election There was a fierce dispute. The Amazon founder quickly denied the accusations in a rare post on X, calling them “100% untrue.”
Musk’s accusation
Musk, known for his outspoken persona on social media and as an outspoken supporter of Donald Trump, posted on X:
“Just learned tonight at Mar-a-Lago that Jeff Bezos told everyone that Donald Trump is definitely going to lose, so they should sell all their Tesla and SpaceX stock.”
The Tesla and SpaceX CEO, who was recently appointed to head the Department of Government Effectiveness (DOGE) under the Trump administration, hinted that such comments could be counterproductive if the Republican candidate loses. Causing significant financial losses to his company.
Bezos responds
Jeff Bezos, who rarely posts on X, quickly responded to the accusations. “No. 100% incorrect,” he wrote, denying Musk’s claims.
In an uncharacteristically lighthearted follow-up, Musk replied: “Okay, so, I corrected that,” punctuating with a smiley face emoji.
Backgrounds and backdrops
Musk has reportedly spent more than $130 million supporting Trump’s re-election campaign, and has been photographed at Trump’s Mar-a-Lago resort in Florida several times since the election.
The exchange between the tech giants highlights the tensions between two of the world’s richest men, who have publicly clashed over political and business decisions in the past.
While Bezos’ denial closes this chapter in their rivalry, Musk’s initial claims highlighted the high-stakes interplay between politics and business in the tech world.
Elon Musk: The richest man in history
According to Forbes, Elon Musk has achieved a historic milestone and officially became the richest man in history with a net worth of $334.3 billion. The unprecedented rise is largely attributable to a surge in Tesla’s stock price, driven by Wall Street’s optimism about U.S. President-elect Donald Trump, an ally of Musk.
Tesla shares have surged 40% since Election Day, including a 3.8% rise on Friday to close at $352.56 – the highest level in more than three years. The latest rally adds $7 billion to Musk’s wealth, surpassing the previous record of $320.3 billion set in November 2021 during Tesla’s pandemic-era boom.
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