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Elon Musk just reignited his feud with Jeff Bezos

Nov 21, 2024 - businessinsider.com
Elon Musk has reignited his feud with Jeff Bezos, claiming in a post that Bezos had advised people to sell their Tesla and SpaceX stocks, predicting Trump's loss in the presidential election. Musk, who has close ties with Trump and spent over $130 million supporting his reelection, suggested that Bezos expected Musk's companies to suffer if Trump lost. The veracity of Musk's claims remains unverified.

Musk and Bezos, leaders of Tesla and Amazon respectively, are rivals in several areas including artificial intelligence, electric vehicles, self-driving cars, and space exploration. Their combined worth is $557 billion and both their companies are valued at about $1 trillion. Any personal animosity between the two could significantly impact their business rivalry.

Key takeaways:

  • Elon Musk has reignited his feud with Jeff Bezos, claiming that Bezos had advised people to sell their Tesla and SpaceX stocks due to a predicted loss for Donald Trump in the presidential election.
  • Musk, who supported Trump's reelection bid, has been appointed to co-lead a 'Department of Government Efficiency' by the president-elect.
  • Both Musk and Bezos are leaders in powerful companies, Tesla and Amazon respectively, and are rivals in areas such as artificial intelligence, electric vehicles, self-driving cars, and space exploration.
  • Musk has previously criticized Bezos for his skepticism about colonizing Mars and has also had disagreements with other tech leaders, including Bill Gates.
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