Trump says Musk will face 'serious consequences' if he funds Democratic candidates

Trump said there would be “serious consequences” if Elon Musk funds Democratic candidates to run against Republicans.

President Donald Trump on Saturday said there would be “serious consequences” if tech mogul Elon Musk funds Democratic candidates to run against Republicans who vote in favor of the GOP’s sweeping budget bill.

“If he does, he’ll have to pay the consequences for that,” Trump told NBC News in a phone interview, but declined to share what those consequences would be.

Elon Musk listens as Donald Trump speaks in the Oval Office of the White House on Feb. 11, 2025.Jim Watson / AFP - Getty Images file“He’ll have to pay very serious consequences if he does that,” he added.

The president also said he has no desire to repair his relationship with Musk after a feud between the two men erupted into public view earlier this week.

“No,” Trump said when asked if he had any wish to do so.