Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future,” Musk concluded.

WASHINGTON (AP) — Elon Musk on Saturday doubled down on his distaste for President Donald Trump’s sprawling tax and spending cuts bill, arguing the legislation that Republican senators are scrambling to pass would kill jobs and bog down burgeoning industries.

Elon Musk escalated his public attacks on President Donald Trump Monday, suggesting his administration withheld findings about the federal investigation into Jeffrey Epstein, as their whirlwind friendship continues to devolve into a brutal back-and-forth on their respective social media platforms.

Elon Musk continues criticism of Republican "big, beautiful bill" on X, calling it "insane spending" that increases debt ceiling by $5 trillion and threatening to form a new political party.

Rocket Lab stock is gaining as Elon Musk stepping up his feud with President Donald Trump. Here are some other companies to watch.