Trump is looking to set the record straight on his stance on Elon Musk's companies. The president said he wanted Elon's businesses to "thrive."

In the latest twist in their ongoing feud, Trump is doing a total 180 on his recent suggestion to axe Musk's federal contracts.

Donald Trump and Elon Musk's on-again, off-again bromance has seen everything from awkward praise, to public spats – and it hit another dramatic twist after their high-profile fallout in June, when Musk suddenly stepped down from his controversial post as head of the Department of Government Efficiency (DOGE).

President Donald Trump walked back his earlier attacks on Elon Musk and his companies. Trump said Musk's businesses would continue to enjoy federal subsidies. But Musk said the subsidies Trump was talking about "simply do not exist."

Donald Trump denied he was seeking to ruin the business empire of his onetime ally Elon Musk as retribution for their dispute over the US president’s signature tax law.

President Donald Trump on Thursday is set to sign more executive orders and visit the Federal Reserve. Trump's trip to the central bank's headquarters comes amid his relentless criticism of Fed Chair Jerome Powell over interest rates and over the massive renovation project at the Fed.

Elon Musk's companies have benefited from government contracts, including SpaceX through its relationships with the Pentagon and NASA.

Elon Musk and Donald Trump joined forces before the 2024 presidential election to help each other out. Trump needed Musk’s money to buy votes and Musk needed Trump to decimate the federal government while making sure contracts with his own companies remained untouched.

What is going on in the feud? - From feuding to friends to feuding again, the relationship between the two billionaires has been turbulent, to say the least.