• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

2

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

3

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

1

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

2

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

3

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
PoliticsElon Musk

Elon Musk spent the day bashing a spending package before Donald Trump tagged in and threatened any Republican who voted for it. The bill is dead

By
Alena Botros
Alena Botros
Former staff writer
Down Arrow Button Icon
By
Alena Botros
Alena Botros
Former staff writer
Down Arrow Button Icon
December 19, 2024, 1:36 PM ET
Elon Musk.
Elon Musk.Allison Robbert-Pool/Getty Images
Add Fortune on Google for similar content.
  • A bipartisan spending bill to avert a government shutdown was vanquished after Elon Musk and President-elect Donald Trump rebelled against it. Musk made his dissatisfaction known before Trump spoke out. 

The richest man in the world spent his day yesterday blasting a bipartisan spending package aimed at averting a government shutdown. Elon Musk took to his social media platform X, calling it “one of the worst bills ever written,” and demanding “kill the bill.” He told his hundreds of millions of followers to call their elected representatives, and claimed any lawmaker who supported the continuing resolution (CR) should be voted out. 

Recommended Video

Kill the Bill https://t.co/D2Yntonrcv

— Elon Musk (@elonmusk) December 18, 2024

Then President-elect Donald Trump tagged in. Trump, too, took to his social media platform Truth Social to advise Republicans to get smart and tough. “If Democrats threaten to shut down the government unless we give them everything they want, then CALL THEIR BLUFF,” he wrote. Trump said the bill would be “so destructive to our country,” and threatened any Republican who voted for it, saying they’d be “primaried.” 

House Speaker Mike Johnson—who earlier defended the spending bill—scrapped it. Lawmakers now have two days to avert a partial government shutdown after the one-two punch that was Musk and Trump. 

On Thursday morning before the bill was killed, Trump told Fox News that Johnson would “easily remain speaker” if he “acts decisively and tough” and gets rid of “all of the traps being set by Democrats” in the spending package. His tone seemed different from the friendly, somewhat viral photo of Johnson, Trump, his son, Musk, and Robert F. Kennedy Jr. on a jet eating McDonald’s on their way to a UFC fight post-election.

Make America Healthy Again starts TOMORROW. 🇺🇸🇺🇸🇺🇸 pic.twitter.com/LLzr5S9ugf

— Donald Trump Jr. (@DonaldJTrumpJr) November 17, 2024

As for Musk, the Tesla chief executive threw his support behind Trump throughout the election—on the campaign trail, on X, appearing on podcasts, and appealing to his colleagues in tech and Silicon Valley. He also helped financially, to the tune of about $200 million via his America political action committee. After his election victory, Trump appointed Musk and rival turned endorser Vivek Ramaswamy to run a brand-new initiative called the Department of Government Efficiency (DOGE). 

Musk has appeared in photos at Mar-a-Lago frequently since the election—helping Trump with his transition and dining with foreign officials and other tech billionaires. Trump and Musk had dinner with Amazon executive chairman Jeff Bezos last night. There have been reports about Musk maybe overstaying his welcome or irritating those in Trump’s inner circle. 

Musk has a far greater reach on X than Trump, let alone all of Congress, the Washington Post reported. The question is, will that at some point bother Trump? It remains to be seen.

Still, not everything Musk says goes. Musk wanted Cantor Fitzgerald chief executive Howard Lutnick to be Trump’s nominee for Treasury secretary. But Trump went with Scott Bessent, a hedge fund manager who spent years of his career at Soros Capital Management. 

Notably, Musk and Trump appear to be misaligned on the run-up to Trump’s return to the Oval Office. Musk posted that no bills should be passed until Trump takes office for a second time in January. Trump, on the other hand, posted that “everything should be done, and fully negotiated, prior to my taking Office on January 20th, 2025.”

In a statement, Karoline Leavitt, a spokeswoman for the Trump–JD Vance transition, said: “As soon as President Trump released his official stance on the CR, Republicans on Capitol Hill echoed his point of view. President Trump is the leader of the Republican Party. Full stop,” referring to the spending bill. Tesla did not immediately respond to Fortune‘s request for comment.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
By Alena BotrosFormer staff writer
LinkedIn iconTwitter icon

Alena Botros is a former reporter at Fortune, where she primarily covered real estate.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

ashok
Commentary250 Years of Innovation
The greatest startup in history: What we can learn from America’s founders at today’s AI frontier
By Ashok N. SrivastavaJuly 3, 2026
2 hours ago
t
CryptoWhite House
‘We are in a new era’: Trump’s bombshell $2.2 billion income haul, the ‘Big Player Theory’ and what happens when the president becomes the bubble
By Nick LichtenbergJuly 3, 2026
5 hours ago
Photo: Iranian Supreme Leader Ayatollah Ali Khamenei
PoliticsIran
In Iran, regime officials who survived the war intended to kill them appear in public for dayslong funeral of the late Supreme Leader Khamenei
By Nasser Karimi, Jon Gambrell and The Associated PressJuly 3, 2026
6 hours ago
Photo: Russian President Vladimir Putin Attends ASEAN-Russia Summit
Energyputin
Russians live with fuel shortages and rationing as Putin insists the war against Ukraine will go on
By The Associated PressJuly 3, 2026
6 hours ago
Photo: Ivanka Trump and Jared Kushner
Environmentjared kushner
Police use tear gas and pepper spray against Albanians protesting Trump family plans to develop unspoiled island into a luxury resort
By The Associated PressJuly 3, 2026
6 hours ago
U.S. Treasury Secretary Scott Bessent
EconomyDebt
AI’s $2.2 trillion deficit fix is already half fake, economists say
By Tristan BoveJuly 2, 2026
20 hours ago

Most Popular

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
Law
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
By Wyatte Grantham-Philips and The Associated PressJuly 2, 2026
20 hours ago
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
AI
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
By Nick LichtenbergJuly 3, 2026
8 hours ago
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
2 days ago
Economists have found an answer to slowing cognitive decline: Avoid retiring early, study finds
Economy
Economists have found an answer to slowing cognitive decline: Avoid retiring early, study finds
By Sasha RogelbergJuly 2, 2026
23 hours ago
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii
Success
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii
By Sasha RogelbergJuly 2, 2026
22 hours ago
Current price of oil as of July 2, 2026
Personal Finance
Current price of oil as of July 2, 2026
By Joseph HostetlerJuly 2, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.