President Donald Trump said on Thursday that he won't touch the federal subsidies Elon Musk's companies are enjoying because he wants Musk to continue to prosper. Musk, however, begs to differ. "The 'subsidies' he's talking about simply do not exist," Musk wrote in an X post on the same day.

Elon Musk hit back at President Trump’s claim that he didn’t want to strip the mogul’s companies of his government subisidies. Trump seemingly extended an olive branch after the public falling out between the two by denying reports that he had it out for Musk.