Musk expresses regret over Trump's remarks, DOGE pumps

Recently, a storm surrounding Elon Musk and Trump has attracted widespread attention. Musk admitted on social media that some of his recent remarks about Trump were indeed a bit excessive and expressed regret. This statement stems from the recent public clashes between the two, triggered by Musk's controversial comments regarding Trump.

Musk deleted two controversial posts: one implied a connection between Trump and certain sensitive documents, while the other stated that without his support, Trump could not win re-election. These comments sparked intense reactions, with Trump warning Musk in an interview that if he supports the opposing camp in the upcoming elections, he will face serious consequences. Trump also mentioned that he had given Musk much support during his term, potentially saving his career, but now their relationship seems to have completely broken down.

The vice president attempted to ease tensions in a podcast, describing Musk as an "emotional person" who loses control due to frustration. However, he also clearly stated that Musk's behavior has crossed the line.

Reports suggest that one of the reasons for the escalation of the conflict is Musk's opposition to a new legislative proposal. The White House responded that Musk's dissatisfaction with the bill is due to the fact that it does not include the policies he wishes to see.

This turmoil has not only attracted attention from the political circle but also impacted the cryptocurrency market. DOGE rose by about 6% due to Musk's apology news, from around $0.1909 to about $0.2031, with a total market value reaching $30.39 billion and a 24-hour trading volume surging to $1.57 billion.

However, market analysts pointed out that this price rise pattern is different from the past. Normally, the price peaks of DOGE are accompanied by high-frequency trading by small individual investors, but this time this characteristic did not appear. This has sparked speculation in the market about the identity of the behind-the-scenes driving force.

This series of events has sparked speculation about the potential impact on Musk's companies. Investors are closely monitoring the situation to assess the possible effects on the relevant businesses.