After Elon Musk’s shocking accusations against Donald Trump, the prediction probability of the ‘President Trump to be impeached this year’ event on Polymarket has risen to 10%. At the time of writing, a total of $495,600 has been wagered on this event prediction.
The impeachment speculations were fuelled after Elon Musk publicly agreed that US President Donald Trump “should be impeached” and Vice President JD Vance should replace him.
Elon Musk vs Donald Trump: A Bro-Mance Turned Feud
Last night X witnessed the biggest online feud between Musk and Trump, with the former claiming that Trump is in the Epstein files, and it is due to that reason, that details and findings of the investigation have not been made public. The friends turned foes got into an online altercation moments after Trump told the press that he was “disappointed with Elon” for opposing his ‘Big Beautiful Bill’.
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!
— Elon Musk (@elonmusk) June 5, 2025
Following the passage of the highly contentious ‘One Big Beautiful Bill’, tensions between Donald Trump and Elon Musk have erupted into open conflict, ending their once-close bromance.
In just a matter of hours, the two prominent figures launched scathing attacks on each other. Trump, during a White House press briefing, criticized Musk while endorsing legislation that could severely harm electric vehicle manufacturers, Tesla chief among them. Musk wasted no time firing back, reminding the President that his seat in the Oval Office was largely secured thanks to Musk’s significant financial backing and vocal support during last year’s election. According to Musk, he invested hundreds of millions of dollars to help secure Trump’s victory.
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Reflecting on their ‘now sour’ relationship, Trump said, “Elon and I had a great relationship. I don’t know if we will any more,” and also predicted, “He hasn’t said anything bad about me personally, but I’m sure that’ll be next.”
Musk tweeted on X, sharply stating,“Without me, Trump would have lost the election. Democrats would control the House, and Republicans would be down to a 51-49 majority in the Senate… Such ingratitude.”
As Tesla’s stock took a hit following the bill’s passage, Musk unleashed a load of critical posts online, calling the legislation “The Big Ugly Bill.” Tesla stocks plummeted by 14%, which knocked $153 billion off Tesla’s market valuation.
This fall was the biggest one-day drop on record, while yielding short sellers $4 billion in gains, according to data from S3 Partners. Musk’s EV business had been suffering for quite sometime after Musk’s involvement in political controversies in US as well as abroad has repelled some car buyers and ignited protests against the company.
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