Elon Musk says he now ’regrets’ some of his posts about Trump

Billionaire businessman Elon Musk said on Wednesday he regretted some of the posts he made last week about U.S. President Donald Trump as they had gone "too far".

Trump said on Saturday his relationship with Musk was over after they exchanged insults on social media, with the Tesla (TSLA.O), opens new tab and SpaceX CEO describing the president's sweeping tax and spending bill as a "disgusting abomination."

Musk has since deleted some posts critical of Trump, including one signaling support for impeaching the president, and sources close to the world's richest man say his anger has started to subside and he may want to repair the relationship.

"I regret some of my posts about President Donald Trump last week. They went too far," Musk wrote in a post on his social media platform X on Wednesday, without saying which specific posts he was talking about.

Tesla shares in Frankfurt rose 2.7% after Musk's post.

Musk bankrolled a large part of Trump's 2024 presidential campaign, spending nearly $300 million in last year's U.S. elections and taking credit for Republicans retaining a majority of seats in the House and retaking a majority in the Senate.

Trump then named him to head an effort to downsize the federal workforce and slash spending.
Musk left the role late last month after criticizing Trump's marquee tax bill, calling it too expensive and a measure that would undermine his work at the Department of Government Efficiency.