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The US ‘debt bomb’ that Musk and Dalio fear just got bigger

The Tesla chief and the president are feuding again as Donald Trump’s big tax and spending bill gets closer to passing.

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You’ve got to hand it to Donald Trump – the guy has a sense of theatre that can’t be beat.

On Tuesday night, in one of those bizarre press conferences held in front of a helicopter ready for take-off, Trump was asked if he would consider deporting South African-born technology billionaire Elon Musk.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
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    Original URL: https://www.afr.com/chanticleer/the-us-debt-bomb-musk-and-dalio-fear-just-got-bigger-20250702-p5mbtx