Former President Donald J. Trump addressed recent speculation regarding his stance on government subsidies for Elon Musk’s companies in a series of posts on his Truth Social account on July 24, 2025.
In a post published at 03:31 UTC, Trump shared a message titled "President Trump News Community - BREAKING https://t.co/yhTHy4FCct".
Later that day, at 14:00 UTC, he responded to claims about potential policy actions toward Elon Musk and federal support for his businesses. Trump wrote, "Everyone is stating that I will destroy Elon’s companies by taking away some, if not all, of the large scale subsidies he receives from the U.S. Government. This is not so! I want Elon, and all businesses within our Country, to".
A subsequent post at 14:02 UTC reiterated the earlier message with a link: "Donald J. Trump Truth Social 07.24.25 09:34 AM EST https://t.co/hxkGFTfG9q".
These statements come amid ongoing public discussions about the role of government subsidies in supporting private sector innovation and business growth in the United States. Federal subsidies have played a significant part in industries such as renewable energy and electric vehicles, areas where Musk's companies are active participants.
