FT: Elon Musk Has Stopped Making Contact

Even with those who invested billions in it.

American billionaire Ilon Musk has stopped communicating with key Silicon Valley investors amid his scandal with US President Donald Trump. This was reported by Financial Times, citing knowledgeable sources.

"Ilon is not taking anyone's calls. Not even those who have invested billions in his companies...The Valley is going crazy," an anonymous investor close to the Republican Party told the publication.

Musk called Trump's "big and beautiful" bill a "pig abomination."

In turn, the Wall Street Journal reported that the public squabble between Musk and Trump could derail plans to raise $5 billion to develop the startup xAI (Musk's artificial intelligence company).

At an investor presentation earlier, representatives of xAI talked about plans to build data centers and develop the AI chatbot Grok. However, the participants' attention was drawn to the social media scandal, where Musk lashed out at the US president with accusations.

The billionaire, however, continues his social media activity. He said he had come up with a name for the new party he proposed to create during his breakup with Trump. The billionaire proposed its name: The America Party (The America Party). Eighty percent of those who participated in a poll on the social network X, which Musk organized on Thursday, were in favor of its creation.

Meanwhile, Trump himself in an interview with ABC News called Musk "a man who has lost his mind" and said he has no plans to communicate with him in the near future.

"He wants to talk to me, but I'm not ready yet," the US president said, adding that he was more concerned about inflation and his upcoming visit to China.

In turn, Ilon Musk's father, Errol Musk, urged his son to end the conflict in an exclusive commentary to Al Arabiya English:

"I sent him a message asking him to extinguish this conflict. Trump, of course, will win - he was supported by the majority of Americans," the elder Musk said, attributing his son's behavior to "severe stress."

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