What’s behind Trump & Musk’s public feud?

- YouTube

Elon Musk and President Donald’s Trump’s White House bromance imploded in spectacular fashion last week in a feud that played out in full view of the public, with the two billionaires trading insults in real-time on social media. That fight appears to be cooling down, at least for now, but President Trump has made it clear he has no intention of mending the relationship any time soon. On a special edition of GZERO World, Semafor Co-Founder and Editor-in-Chief Ben Smith joins Ian Bremmer to discuss what led to the breakup and where the Trump administration’s relationship with Silicon Valley goes from here.

There’s a lot at stake: for Trump, Musk’s political funding ahead of the 2026 midterms; for Musk, billions in government contracts and subsidies for his companies. Smith and Bremmer discuss Trump and Musk’s alliance of convenience, where it all broke down, the role of political journalism in covering such a public conflict, and who ultimately has the upper hand in the battle between political leaders and tech oligarchs.

“[President] Trump's power to reward his friends and punish his enemies in the very short term, in very consequential and permanent ways is totally unprecedented,” Smith says, “Business leaders, civil society and the media can be intimidated and Trump knows it. He usually wins that game of chicken.”

GZERO World with Ian Bremmer, the award-winning weekly global affairs series, airs nationwide on US public television stations (check local listings).

New digital episodes of GZERO World are released every Monday on YouTube. Don't miss an episode: subscribe to GZERO's YouTube channel and turn on notifications (🔔).

More from GZERO Media

Eurasia Group and GZERO Media are seeking a highly creative, detail-oriented Lead Graphic and Animation Designer who lives and breathes news, international affairs, and policy. The ideal candidate has deep demonstrated experience using visual storytelling—including data visualizations and short-form animations—to make complex geopolitical topics accessible, social-friendly, and engaging across platforms. You will join a dynamic team of researchers, editors, video producers, and writers to elevate our storytelling and thought leadership through innovative multimedia content.

U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after an announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, Britain, July 27, 2025.
REUTERS/Evelyn Hockstein

It’s down the wire for countries trying to reach a trade deal with the US before Aug. 1, when President Donald Trump has threatened steep “reciprocal” tariffs.

U.S. President Donald Trump speaks next to Federal Reserve Chair Jerome Powell during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025.
REUTERS

On Thursday afternoon, just before golden hour, President Donald Trump threw a white hardhat over his flaxen coif and strode into the Federal Reserve building on Constitution Avenue.

Building the space between proven and possible, MDA Space is a trusted mission partner to the global space industry. A robotics, satellite systems, and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. Learn more here.