Elon Musk accuses Trump of Epstein ties, calls for impeachment amid escalating feud

The once-strong alliance between Elon Musk and President Donald Trump has unraveled into a public feud, with Musk alleging Trump’s involvement in the Jeffrey Epstein scandal and advocating for his impeachment.

Elon Musk and Donald Trump once shared a close relationship. Musk played a significant role in Trump’s 2024 presidential campaign and was appointed to lead the Department of Government Efficiency (DOGE) in the Trump administration . However, tensions arose after Musk criticized Trump’s “One Big Beautiful Bill,” a $1.6 trillion tax and spending package that eliminated electric vehicle subsidies, directly impacting Musk’s businesses.

The feud intensified when Musk took to his social media platform, X, stating, “Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!” He further endorsed a post suggesting Trump’s impeachment and replacement by Vice President JD Vance . These claims reference the sealed documents related to Jeffrey Epstein, the convicted sex offender with connections to numerous high-profile individuals.

While Trump has acknowledged past interactions with Epstein, including social events in the 1990s, he has denied any wrongdoing and stated he banned Epstein from Mar-a-Lago in 2007 . The Justice Department released some Epstein-related documents in February 2025, but many remain undisclosed, fueling speculation.

Political and economic fallout

Musk’s allegations have prompted reactions across the political spectrum. Democratic lawmakers have called for the full release of the Epstein files, with Representatives Stephen Lynch and Robert Garcia requesting clarification from the DOJ and FBI regarding Trump’s potential involvement . Conversely, Republican figures have rallied around Trump, with Rep. Chip Roy stating, “Elon crossed the line today” .

The public dispute has also impacted financial markets. Tesla shares dropped by approximately 14%, erasing $34 billion from Musk’s net worth, while Trump Media & Technology Group’s stock fell by 8% .

Amid the escalating tensions, reports suggest that Musk and Trump are scheduled to meet today, June 6, to address their differences . Billionaire investor Bill Ackman has urged the two to reconcile for the nation’s benefit, to which Musk responded, “You’re not wrong.” However, Musk has continued his criticism, warning that Trump’s tariffs could lead to a recession in the latter half of the year.

The unfolding drama between Musk and Trump underscores the volatile nature of political alliances and the profound impact personal disputes can have on national discourse and financial markets. As the situation develops, the potential release of the Epstein files and the outcome of the anticipated meeting between the two figures remain pivotal points of interest.

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