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The rivalry between two of the world's richest men, Elon Musk and Jeff Bezos, has once again become a topic of discussion. Musk accused Bezos of having urged the public to sell Tesla and SpaceX stocks before the critical U.S. presidential election. In a post on X (formerly Twitter), Musk also alleged that Bezos had said Trump was going to lose. In an unusual statement, Bezos responded by outright denying the claims.
Musk's Accusation
Elon Musk, a prominent supporter of Donald Trump during the election, accused Jeff Bezos of telling people that Trump would certainly lose. According to Musk, the panic created from this statement might have caused some people to sell their Tesla and SpaceX stocks out of a growing fear that if Trump lost, there might be market repercussions. Musk tweeted that someone had told him this at Mar-a-Lago, Trump's resort in Florida.
Bezos Denies Claims
Jeff Bezos, hardly ever present on social media, came back with a short but to-the-point denial of Musk's claims. In his first post since November 6, Bezos stated: “Nope. 100% not true.” Musk later pressed a laughing emoji and said: “Well, then, I stand corrected.”
What It Looks Like
Musk is said to have spent over $130 million on Trump's reelection campaign and has had a close connection with the former president. There have been a series of controversies over his association with Trump, fearing that it may sting Tesla and SpaceX stocks during political turmoil moments.
It seems that Musk and Bezos fought an antagonistic battle, and the companies Tesla and Amazon are always embroiled in the technological and innovation wars with one another. In this case, for now, the matter appears to be settled, illustrating the growing public nature of disputes between billionaire titans.