The the administration ordered the agencies to scrutinize Musk’s contracts to ready possible retaliation against the businessman and his companies, sources said.

The verbal spat turned physical when the world’s richest man thrusted his shoulder into Bessent’s rib cage “like a rugby player” before the treasury chief fought back.

Both own major social media platforms, but it doesn't hurt that the president is the one with the sway of the White House.Start the day smarter. Get all the news you need in your inbox each morning.

Elon Musk reportedly called President Donald Trump days before tweeting his regret of their escalating feud. In this file photo, Musk, left, and Trump attend a campaign event at the Butler Farm Show, Oct. 5, 2024, in Butler, Pa. (AP Photo/Alex Brandon, File) AP

The high-profile feud between Elon Musk and Donald Trump has taken another twist, with Elon’s father, Errol Musk suggesting his son is suffering from “PTSD from the White House.”Errol admitted Elon may have “made a mistake” by backing Trump’s re-election,