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Elon Musk says Senate bill would destroy jobs and harm US

"The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!" Musk wrote in a post on X.

FILE PHOTO: U.S. President Donald Trump and Elon Musk attend a press conference in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. / REUTERS/Nathan Howard/File Photo

Billionaire Elon Musk on June 28 criticized the latest version of President Donald Trump's tax and spending bill released by the U.S. Senate, calling it "utterly insane and destructive," weeks after the world's richest person and its most powerful ended a feud sparked by Mark's opposition to the bill.

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"The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!" Musk wrote in a post on X.

"It gives handouts to industries of the past while severely damaging industries of the future."

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