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Elon Musk's 'Disgusting Abomination' Remarks on Trump Bill Emerge as He Leaves Doge Behind

Tech billionaire Elon Musk expresses his unhappiness and criticism over the latest tax increases outlined in the new budget.

Elon Musk is once again making headlines. This time, it's not about a rocket launch or a new Tesla model. Instead, he's calling a new bill backed by Donald Trump a "disgusting abomination." At the same time, he's stepping away from Dogecoin, the meme coin he once helped send to the moon.

We’ve seen Musk shape markets with just a tweet. Now, his strong words about a political move and sudden exit from crypto have many talking. Why the change? What’s behind his latest shift?

Let’s break it all down and check what’s really going on and why it matters to us.

Musk vs. Trump-Backed Bill

In June 2025, Elon Musk spoke out against a new bill from Donald Trump. He called it a “disgusting abomination.” The bill is named the “One Big Beautiful Bill.” It offers big tax cuts and more money for the military. But many people say it will grow the U.S. debt by a lot.

Musk is worried it will hurt clean energy programs. He says it could damage companies that build green tech. Musk also left his job at the Department of Government Efficiency (DOGE). He had joined it during Trump’s time in office. His exit shows how much he disagrees with the bill.

Right now, it is not clear if the bill will pass. Both Democrats and some Republicans are against it.

Exit from Dogecoin: Why Musk is Letting Go

Elon Musk has played a big role in Dogecoin’s rise. His support made the price go up many times. But now, things are changing. He seems to be moving away from Dogecoin.

In 2025, Dogecoin lost more than half its value. This drop happened for many reasons. One reason is the shaky crypto market. Another reason is that Musk is no longer talking about Dogecoin like before.

Musk is now focused on other projects. He is working on the X platform and its new money services. These do not include Dogecoin at all.

Because of this, people are starting to wonder. Will Musk leave crypto for good? And what does this mean for Dogecoin’s future?

Musk’s Bigger Picture: Where He's Headed Now

Besides politics, Musk is putting more focus on his main businesses. These are Tesla, SpaceX, Neuralink, and the X platform. He wants to turn X into an “everything app.” It will include social media, payments, and more.

Recently, Musk launched X Money. This is a new money service inside the X app. Even though Musk used to support cryptocurrencies, X Money does not use Dogecoin. This shows he is choosing safer, more regular financial services.

Overall, Musk seems to care more about new technology and building strong systems. He is moving away from risky meme coins like Dogecoin.

Public and Media Reaction

Musk’s strong words against the Trump bill and his move away from Dogecoin have caused mixed reactions. Some people praise him for caring about money and new ideas. Others wonder why he keeps changing and how it might affect the markets.

The media is split too. Some news outlets say Musk is standing up against too much government spending. Others worry about the sudden changes he is making.

Investors and everyday people are watching Musk closely. They know he has a big impact on politics and money.

Final Thoughts: A Strategic Move or Public Meltdown?

Elon Musk’s recent choices show he wants to step back from politics and risky money moves. Instead, he is focusing more on tech and business. Some people think he is being confusing. Others believe he has a clear plan for the future.

Musk still leads big changes in many industries. He also affects how people talk about money and ideas. No one knows yet if these new steps will make his legacy stronger. But it is clear that his choices matter and people are paying attention.

Frequently Asked Questions (FAQs)

What is Elon Musk's 5-minute rule?

Elon Musk’s 5-minute rule means he plans his day in small 5-minute parts. This helps him stay focused and use every minute wisely to get more done.

What is Elon Musk known for today?

Today, Elon Musk is known for leading big companies like Tesla, SpaceX, and X. He works on electric cars, space travel, brain tech, and money services.

What is a famous quote that Elon Musk said?

A famous Elon Musk quote is, “When something is important enough, you do it even if the odds are not in your favor.” It shows his strong will.

Disclaimer:

This content is only for learning. It is not financial advice. Always check facts and do your own research before making financial decisions.