Leaked Memo Points to $100 Trillion Wealth Transfer Starting Soon

The U.S. Department of the Interior's internal memo has leaked ... and the contents are shocking. A federally backed resource monetization plan may soon go live, and it could trigger a new gold rush into select energy and mineral stocks. Investing legend Whitney Tilson breaks it all down inside.

Mark Cuban Reacts to Elon Musk-Donald Trump Feud

Bibhu Pattnaik
June 08, 2025

The escalating public feud between Elon Musk and President Donald Trump has prompted a response from billionaire investor Mark Cuban.

What Happened: Cuban’s comment came during a brief exchange with TheStreet Roundtable on Friday. When asked about the Musk-Trump spat, Cuban simply replied, “All I'll say is that I bought a bunch of popcorn.”

The feud between Musk and Trump intensified this week after Musk publicly criticized Trump’s administration over the “One Big Beautiful Bill.”

In response, Trump threatened to terminate billions in government contracts with Musk’s companies, including SpaceX and Tesla Inc.

Musk further escalated the situation with a shocking social media post claiming that Trump is in the Epstein files.

This revelation sent shockwaves across social media and markets, causing Tesla shares to drop by 14% and DJT, the stock tied to Trump’s media company, to fall over 8%. Bitcoin also saw a near 4% slip.

Also Read: Trump vs. Musk: Betting Markets Anticipate Next Move in Musk-Trump Feud, Predict Low Chances of Musk Forming Political Party

Despite the significant influence both Trump and Musk have in the crypto and tech markets, this public fallout has caught even their closest allies by surprise.

Why It Matters: The feud between these two influential figures has the potential to impact not only their personal reputations but also the companies they represent. Musk’s Tesla and SpaceX, as well as Trump’s media company, are all at risk of financial repercussions due to this public spat.

The significant drop in Tesla’s shares and DJT stock following Musk’s controversial social media post is a clear indication of the potential damage such public feuds can cause.

Furthermore, the ripple effect on Bitcoin’s value shows that the influence of these two figures extends beyond their respective companies and into the broader market.

As the feud continues to unfold, investors and market watchers will be keeping a close eye on the potential fallout.

Read Next

Public Fight Between Trump and Musk Rocks Tesla, SpaceX: Here Are the Biggest Bombshells

Image: Shutterstock/Kathy Hutchins

Continue Reading...

Popular

American Electric Power Lifts Annual GAAP Outlook, To Announce $70 Billion Capital Plan

AEP reported strong Q2 results, with adjusted earnings of $1.43 per share and revenue of $5.09 billion. They also raised their full-year earnings guidance due to customer growth and regulatory outcomes.

Meta's AI Firepower Could Ignite Magnificent Seven ETFs

Meta Platformsis expected to report its 11th consecutive revenue beat, attracting attention from stock pickers and ETF investors due to its growing presence in Big Tech and AI-themed ETFs.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Jim Cramer Made 'FAANG' Popular, Now He Says There's A New Acronym To Describe These Retail Favorite Stocks — 'PARC'

Renowned TV host Jim Cramer is stirring chatter on X with another buzzworthy "meme stock" acronym, aimed at a new group of retail-favorite stocks that are defying gravity.

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the August 1st funding window closes.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

AMD Stock Is Sliding Tuesday: What's Driving The Action?

Shares of Advanced Micro Devices are trading lower Tuesday afternoon. The stock is caught in a broader downturn affecting the semiconductor industry.

Altucher: It Looks Like My Trump Prediction Is Coming True - Ad

Trump's Great Gain has begun - and it could be the biggest crypto shift in U.S. history. With states like New Hampshire launching crypto reserves, everyday Americans could turn $900 into $108,000. But timing is critical.

What's in the Republican bill cutting $9 billion from public broadcasting and foreign aid

WASHINGTON (AP) — The Republican-led Congress is testing the popularity of spending cuts this week by aiming to pass President Donald Trump’s request to in public broadcasting and foreign aid spending.

Donald Trump Files $10 Billion Lawsuit Against WSJ And Rupert Murdoch

Donald Trump has filed a $10 billion defamation lawsuit against The Wall Street Journal and Rupert Murdoch.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Draganfly Stock Is Moving Higher Wednesday: What's Going On?

Dragonfly shares are trading higher Wednesday after the company announced its Cammander3 XL UAV has been selected by the Department of Defense for advanced operation initiatives.

The $10 Stock at the Center of Trump's $100 Trillion Move - Ad

Trump's economic blueprint is about to go live, and the deadline is fast-approaching. A new federal plan could legally unlock $100 trillion in U.S. resources... and one $10 stock could lead the charge. Former hedge fund manager Whitney Tilson explains how to act now, before this hits the headlines.

EU regulator approves injectable HIV drug that experts say could help stop transmission

LONDON (AP) — The European Medicines Agency has recommended authorizing a twice-yearly injectable drug aimed at preventing HIV, which scientists say could help end the virus' transmission.

Our No.1 AI Stock Has Nothing to Do With Tech - Ad

Nvidia CEO Jensen Huang recently said AI requires "100 times more" power. We believe that means the best way to invest in AI right now has nothing to do with technology ... And everything to do with energy. One stock appears to be perfectly positioned...

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.

Trump's Backroom Billionaire: Bezos Meets As SpaceX Fades

President Donald Trump reportedly meets with Jeff Bezos as ties with SpaceX's Elon Musk evaporate.

Intel CEO Says He's 'Making Hard But Necessary Decisions' As Chipmaker Announces Massive Layoffs, Project Cancellations

Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it struggles to compete with AI chip leader Nvidia and regain its edge in the rapidly evolving semiconductor industry.

Leaked Memo Points to $100 Trillion Wealth Transfer Starting Soon - Ad

The U.S. Department of the Interior's internal memo has leaked ... and the contents are shocking. A federally backed resource monetization plan may soon go live, and it could trigger a new gold rush into select energy and mineral stocks. Investing legend Whitney Tilson breaks it all down inside.

Meta's Strong Revenues May Offset Concerns Over Soaring AI Investments: Analyst

Meta Platforms poised for market focus on expanding AI initiatives, with aggressive recruitment of top-tier AI professionals and elevated estimates for revenue and EPS.

After years of tough rules on liquids and footwear, US air travel may be on the cusp of a new era

NEW YORK (AP) — When limits on liquids were introduced at TSA checkpoints across the country in 2006, bins overflowed with bottled water, toothpaste, shaving cream and so much more. Nearly two decades later, travelers are much more accustomed to the “3-1-1” regulations" governing the size of the liquids they're flying with, but scenes of passengers guzzling a beverage before putting their bags through the screening machines are still common.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Public Opinion Divided Over Donald Trump's Tax-And-Spending Law, New Poll Reveals

According to a recent poll, a significant skepticism among Americans towards President Trump's tax-and-spending law.

US Passport Slides To Lowest Rank In Decades As Visa Waiver Deals Stall

US passport slips to 10th place on Henley Passport Index, down from 1st in 2014. Analysts cite stricter vetting and stalled reciprocity talks.

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the August 1st funding window closes.

Connie Francis' 'Pretty Little Baby' became an unexpected TikTok hit — 63 years after its release

Connie Francis was a giant of 1950s and '60s sugary-sweet pop, notching more than a dozen hits. In the months she experienced one more in “Pretty Little Baby,” which has become a viral hit on TikTok six decades after its release.

Elon Musk's xAI Plans To Raise $12 Billion In Debt To Buy Nvidia Chips And Build One Of The World's Largest AI Superclusters: Report

Elon Musk's xAI is reportedly seeking $12 billion in debt financing to buy Nvidia chips and build a massive AI supercluster, signaling an aggressive push to stay competitive in the global AI arms race.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service