A fall-out is bad for business no matter how they spin it

The boys are going at it. Like two heavies in the playground, the once richest man on Earth and one who thinks he is the most powerful are locked in a scrap. It’s a bloke thing. Not long ago, the former bros used to spark off each other, rib each other while jointly belittling everyone else. Now the jocks, Elon Musk and Donald Trump, are grappling and so closely entwined were they and the organisations they lead, there can be no winner.

- CHRIS BLACKHURST

It’s possible that peace may prevail, but for how long? They’ve repeatedly raised the ante, which in male lore means backing down and letting bygones be bygones will be difficult.

The fallout will hit them both. Trump says that Musk and his companies receive “billions and billions of dollars” in government subsidies and contracts. He could cut them. “I was always surprised that Biden didn’t do it,” Trump wrote on his Truth Social platform.

One estimate puts the total that Musk’s two main businesses, SpaceX and Tesla, receive in public benefits at $38bn (£28bn). SpaceX president and chief operating officer, Gwynne Shotwell, has said its tally alone is $22bn. The exact combined figure may never be known because many of the deals between Musk’s firms and Washington are classified.

For his part, Musk is the heaviest donor to the Republicans, giving $200m to the GOP. There was more. Musk said he would support Maga candidates in local primaries, to the tune of $10m a pop, against sitting Republicans, should they dare to oppose Trump.

Meanwhile, Musk’s space rockets fly Nasa astronauts to the orbiting shuttle – without that service, the Americans would have to do the diplomatically unthinkable and seek the wholesale assistance of Russia and its Soyuz vehicles. It’s likely the love-in was always destined to fail. Trump demands complete adulation, any dissenters are quickly shown the door. Musk, for all his admiration of the president, disagreed with him profoundly on a number of key issues.