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Elon Musk says Senate bill would destroy jobs and harm US

ReutersJun 30, 2025 12:47 AM

June 28 (Reuters) - Billionaire Elon Musk on Saturday criticized the latest version of President Donald Trump's tax and spending bill released by the U.S. Senate, calling it "utterly insane and destructive," weeks after the world's richest person and its most powerful ended a feud sparked by Musk's opposition to the bill.

"The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!" Musk wrote in a post on X.

"It gives handouts to industries of the past while severely damaging industries of the future."

Reviewed byJane Zhang
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