Trump, Bill Ackman and Elon Musk
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Elon Musk is making a "huge mistake" by targeting the President of the United States, JD Vance has said. Referring to Musk's recent barrage of angry posts aimed at Donald Trump, the Vice President described the billionaire as an "emotional guy" who lost his cool.
Elon Musk responded to Bill Ackman's suggestion to reconcile with Donald Trump after their public disagreement.
Bill Ackman invested nearly half a billion dollars in the shares of collapsed federally backed agencies Fannie Mae and Freddie Mac. John Paulson, fresh off making billions shorting subprime mortgages, bought their preferred shares. Under President Donald Trump, those wagers seem nearer than ever to a potential multibillion-dollar payout.