What is behind the Elon Musk tax bill

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In today’s great history, Elon Musk had things not so nice Say on the tax bill of President Donald Trump.

What’s on deck

Markets: They may be secondary, but they are always at the top. Meet him Key executives on the warmest market in Wall Street.

Technology: What a large Microsoft executive learned of Amazon Andy Jassy CEO.

Business: Florida real estate shows cracksAnd it could be a red flag for the rest of the country.

But first, I can’t bear it anymore.

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The great story

Elon has something to say

The beauty is in the eye of the spectator, and Elon Musk sees nothing pretty in the “Big Beautiful Bill”.

The billionaire mocked against the tax bill of President Donald Trump on Tuesday afternoon, the caller “”disgusting abomination. “”

Musk, known for having kept his opinions for him, posted on X that he “can no longer bear it”, before criticizing the “bill of expenditure of the massive, scandalous and scandalous congress”.

“Shame on those who voted for it: you know you have done it badly. You know,” he added.

He is not the only one to attack Trump’s bill. Some within the president’s own party continued him to feed the growing government deficit.

So what’s behind Musk’s explosion?

We are less than a week away from His decision to leave Washington. Why jump into the fray?

Here is what could rub it in the wrong direction on the bill:

DOGE DEPOSE: According to an estimate, Trump’s tax bill will increase the deficit by $ 4 billions over 10 years. It is probably a difficult pill to swallow for Musk, which was responsible for reducing this via Doge.

The group has taken extreme measures trying to achieve it, and Musk has faced many professional and personal reactions. Now he sees the tax bill “under” – His words, not mine – All this work.

Musk Inc. and the tax bill: Despite his recent foray into politics, Musk still owns a business owner at heart. Trump’s tax bill has real implications for its companies, both good (spacex) and BAD (Tesla). Bi’s Ana Altchek, Alice Tecotzky and Kelsey Vlamis have a breakdown on What it means for its portfolio.

The end of a friendship: Since the Bromance Trump-Musk First flowery, people speculated when it could end. As Bi’s Peter Kafka Put it shortly after the elections“The two men are famous short of fusion” and “love the spotlight”.

“And this combination allows you to easily imagine a break,” added Peter.

We have already seen cracks in the relationship. THE Suffering on the government financing bill has led to jokes that Musk is the real leader of the GOP. Who sparked an answer of a Trump spokesman. Musk also faced Trump’s base on H-1B visas.

Just Elon being Elon: Sometimes the best explanation is the simplest. Musk has a story of hip shooting with his catches. (Being the richest person in the world offers you this privilege.) He has already said that he and Trump I have not always seen myself eye to the eye. This could be another example of that.

3 things on the markets

1. Nvidia’s media threw is back. The flea giant stock climbed 20% in the last month. After the substance in April during a larger sale on the market, NVIDIA shares are now up 45%. These are Four major catalysts Striving.

2. Six Wall Street veterans on the best professions they have ever made. The senior executives of money told the protruding facts of their investment careers, the purchase of stocks undervalued to carry out well-timed outings. We talked about Gametop Court-Circuit.

3. Skiller power powers. The secondary market – in which investors buy and sell private funds for private funds – is in the process of 160 billion dollars of $ 160 billion from last year. Meet 14 people who took the niche industry to new heights.

3 things in technology

1. How can you make your colleague, not your replacement? The HR-Tech Startup network thinks it has the answer. The CEO of the company, which makes AI agents for the workplace, told Bi that the adoption of AI now would help protect jobsDo not threaten them.

2. Microsoft’s copy strategy. The last director of the company, Jay Parikh, adopts the strategies of the CEO of Amazon, Andy Jassy, ​​for his new organization of AI, Core IA, according to an internal e-mail seen by Bi. Parikh shared to retain an annual letter that Jassy sent to Amazon shareholders in a memo. Here is Three of his take -out dishes.

3. The pure internet has disappeared. Has anyone recorded a copy? Since the release of Chatgpt, the Internet has been flooded with content generated by AI. This sent researchers deeply plunging to preserve the content made by humans before 2022, Alistair barr of bi.

3 things in business

1. Trouble in paradise. Florida was the undisputed winner of the Boom of Pandemic Relocation, attracting millions of new residents with its beaches and low taxes. Now, the Floridians are experiencing an accessibility crisis, nightmares of powers of powers, and more. It is also a warning for the American real estate market.

2. An corporate immigration lawyer on Trump 2.0. The Trump administration is as strict as possible with regard to the requests for work visa, lawyer Jason Finkelman told BI. With the amount of effort and hoops to jump, Finkelman thinks it is designed to frustrate American companies to abandon hire foreign workers.

3. This long -standing intermediary manager is responsible for the flattening of intermediate management. Alvaro Munevar Jr. told Bi that he had seen intermediate management practices that late workers and slowed down productivity. But as Big Tech breaks these roles, the others could still evolve considerably. A LinkedIn leader said the managers will have to be more like coaches To maintain the energy of the teams.

In other news

What’s going on today

The Business Insider Today team: Dan Defrancesco, editor -in -chief and anchor, in New York. Hallam Bullock, editor -in -chief, in London. Grace Lett, publisher, in Chicago. Amanda Yen, assistant editor, in New York. Lisa Ryan, editor -in -chief, in New York. Ella Hopkins, assistant editor, in London. Elizabeth Casolo, stock market, in Chicago.