Trump Open to Musk Reconciliation, Focuses Elsewhere

Trump Open to Musk Reconciliation, Focuses Elsewhere

In a recent interview, President Donald Trump expressed openness to reconciling with Elon Musk, CEO of Tesla and SpaceX, but emphasized this reconciliation is not a priority while focusing on other policy areas.

The potential reconciliation between Trump and Musk is noteworthy, yet market reactions are minor, impacting meme tokens rather than major cryptocurrencies.

President Trump indicated he was “ open to reconciling with Elon Musk ” but emphasized that it was “not a priority.” Trump reiterated no current interest in mending relations with Musk, instead focusing on domestic and foreign policy. A reported $4 million was traded on prediction markets regarding the feud’s outcome.

Although there’s public curiosity around Trump and Musk’s interactions, financial markets show mild responses. Polymarket volumes on related political contracts exceed $4 million while meme tokens, like the **TRUMP token** and **Dogecoin (DOGE),** see slight increases. The Solana-based TRUMP token rose 1.7%, and Dogecoin gained 0.8% following speculation. These shifts indicate speculative interest without significant impact on major cryptocurrencies like Ethereum or Bitcoin.

Past feuds involving Musk often lead to temporary token volatility without lasting effects. Current data shows that major Layer 1/Layer 2 assets remain unaffected, emphasizing the largely speculative nature of market moves tied to public figures’ interactions.

No regulatory or institutional bodies have commented directly on the Trump-Musk dynamic, and major market influencers remain silent. Markets might continue to reflect speculative interests rather than intrinsic value changes, as historical trends suggest limited impact on core financial systems.