The feud erupted after Musk accused Trump’s recently signed tax-cut and defense spending bill of threatening the nation’s financial stability. Musk, once a key adviser to Trump during the early part of his second presidency, now plans to challenge Republican lawmakers who supported the legislation in next year’s midterms.

"I believe that the boards of directors at his various companies wanted him to come back and run those companies, which he is better at than anyone," Bessent said of Musk's depart

"Look, the principles of DOGE were very popular. I think if you looked at the polling, Elon was not," Treasury Secretary Scott Bessent said Sunday.

While Elon Musk took Washington, D.C., by storm, his company representatives and lobbyists were also notching up big political wins in the heart of his vast business empire: Texas.

Elon Musk said previously that he would start a new political party and spend money to unseat lawmakers who supported the "Big Beautiful Bill."

Billionaire Elon Musk says he's starting a new political party after slamming President Trump's massive tax cut and spending bill.