Ga onbeperkt met Magzter GOLD

Ga onbeperkt met Magzter GOLD

Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts

$149.99
 
$74.99/Jaar

Poging GOUD - Vrij

Trump warns Musk of 'serious consequences' if he backs Democrats

Mint New Delhi

|

June 09, 2025

Musk deletes social-media posts that sought to connect the president to disgraced financier Jeffrey Epstein

- Brian Schwartz & Annie Linskey

President Trump warned former right-hand-man Elon Musk to stay out of the midterm elections, threatening "very serious consequences" if he backed Democrats in the campaign.

Musk, who crossed Trump by staunchly opposing his "big, beautiful" tax-and-spending bill over deficit concerns, said last week that anyone who votes for this bill should be fired.

Some Democrats have suggested that they try to win Musk over to their side, despite his being villainized by the party for his sweeping cuts to government staff. The billionaire spent about $300 million backing Trump and Republican candidates in the 2024 elections.

Asked by NBC News on Saturday if Trump was concerned that Musk could start funding Democratic candidates, Trump said "he'll have to pay very serious consequences if he does that," but declined to provide specifics.

In the NBC interview Trump said he had "no reason to" repair his relationship with Musk, after their breakup played out in real time on Thursday. Asked whether his relationship with the billionaire businessman was over, Trump said, "I would assume so."

Musk deleted social-media posts in which he attempted to connect the president with convicted sex-offender Jeffrey Epstein. As the men's relationship imploded on Thursday, Musk wrote on X that Trump's name appeared in documents stemming from a federal investigation of Epstein, insinuating that he was in some way linked to the late disgraced financier's criminal behavior.

On Friday, Musk wrote, "I will apologize profusely as soon as there is a full dump of the Epstein files." Both posts have been removed from Musk's X feed.

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

Mint New Delhi

Softbank’s 40% fall from peak shows worry on OpenAI bet

Growing unease over frothy artificial intelligence (AI) valuations is weighing on shares of SoftBank Group Corp.

time to read

2 mins

November 27, 2025

Mint New Delhi

PepsiCo taps gourmet taste buds with Red Rock Deli’s India debut

Snack and cola maker PepsiCo is finally giving gourmet a chance with the launch of Red Rock Deli chips, priced ₹60 and ₹125 a pack, in a shift from its years-long focus on mass-market Lay's that starts as low as ₹5.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

Fintechs turn fund magnets with cross-border licensing

Funders see growth prospects in central bank's payment aggregator-cross border licensing

time to read

3 mins

November 27, 2025

Mint New Delhi

'First-gen founders take bigger investment risks'

India’s markets are minting a new class of first-generation millionaires: entrepreneurs who’ve scaled ideas into Initial public offerings (IPOs) and unlocked unprecedented personal wealth.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

Fundamentum readies four portfolio startups for IPOs

Nandan Nilekani-led venture capital firm Fundamentum is lining up at least four companies in its portfolio for a public listing over the next 12-24 months, co-founder and partner Ashish Kumar said.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

Ukrainians resist pressure from Russia—and Trump

Battered by nearly 4 years of war, Ukrainians don’t want to make big concessions to Moscow

time to read

4 mins

November 27, 2025

Mint New Delhi

These firms will sell shovels during semaglutide gold rush

Weight-loss drug semaglutide, also used to treat type-2 diabetes, will face its next big turning point in early 2026, when patents held by Novo Nordisk expire in India.

time to read

2 mins

November 27, 2025

Mint New Delhi

IL&FS group repays ₹48,463 cr loan

Debt-ridden IL&FS group has repaid ₹48,463 crore to its creditors as of September 2025, out of the total ₹61,000 crore debt resolution target, as per the latest status report filed before insolvency appellate tribunal NCLAT.

time to read

1 min

November 27, 2025

Mint New Delhi

From playlists to pay-lists— streaming platforms go flexi

Audio streaming platforms reshape their business models to turn free listeners into paying subscribers, tiered pricing and micro-transactions have become key to their survival in a market where users are reluctant to pay for content.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

AI trade splinters as Google challenges Nvidia’s dominance

Investors are sending two leaders of the AI trade in opposite directions.

time to read

3 mins

November 27, 2025

Listen

Translate

Share

-
+

Change font size