Elon Musk Faces Potential Financial Shifts with Proposed Bill

US President Donald Trump has hinted at potential financial ramifications for billionaire Elon Musk if a proposed comprehensive bill on tax breaks and spending cuts becomes law.

Trump, addressing reporters en route to Florida, mentioned the possibility of targeting DOGE, the Department of Government Efficiency, overseen by Musk to curtail excessive government expenditure.

Musk, who owns an electric vehicle company and a space enterprise, benefits from lucrative federal contracts, placing him at the center of this budgetary conversation.

(With inputs from agencies.)