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A shooter opened fire at a high school in the Austrian city of Graz, authorities said Tuesday, killing eight people including teenagers.

Officers first responded to the reports of “several” suspected gunshots at the Bundesoberstufenrealgymnasium Dreierschützengasse school in the northwest of the city at around 10 a.m. local time (4 a.m. ET).

Several vehicles and a police helicopter were deployed to the site. The school was evacuated and the area was secured, with no further danger expected, the police said on social media.

Gun violence is rare in Austria, along with most central European countries. The country’s rate of firearm homicides was just 0.1 per 100,000 people in 2021, according to the Institute for Health Metrics and Evaluation, compared to 4.5 per 100,000 people in the United States.

But a small number of high-profile violent incidents have taken place there in recent years. Last October, the mayor of a northern Austrian town was shot dead, along with another victim.

In February, a 23-year-old man stabbed five passersby in southern Austria in what police said was a random attack.

This is a developing story and will be updated.

This post appeared first on cnn.com

Frederick Forsyth, the British author of “The Day of the Jackal” and other bestselling thrillers, has died after a brief illness, his literary agent said Monday. He was 86.

Jonathan Lloyd, his agent, said Forsyth died at home early Monday surrounded by his family.

“We mourn the passing of one of the world’s greatest thriller writers,” Lloyd said.

Born in Kent, in southern England, in 1938, Forsyth served as a Royal Air Force pilot before becoming a foreign correspondent. He covered the attempted assassination of French President Charles de Gaulle in 1962, which provided inspiration for “The Day of the Jackal,” his bestselling political thriller about a professional assassin.

Published in 1971, the book propelled him into global fame. It was made into a film in 1973 starring Edward Fox as the Jackal and more recently a television series starring Eddie Redmayne and Lashana Lynch.

In 2015, Forsyth told the BBC that he had also worked for the British intelligence agency MI6 for many years, starting from when he covered a civil war in Nigeria in the 1960s.

Although Forsyth said he did other jobs for the agency, he said he was not paid for his services and “it was hard to say no” to officials seeking information.

“The zeitgeist was different,” he told the BBC. “The Cold War was very much on.”

He wrote more than 25 books including “The Afghan,” “The Kill List,” “The Dogs of War” and “The Fist of God” that have sold over 75 million copies, Lloyd said.

His publisher, Bill Scott-Kerr, said that “Revenge of Odessa,” a sequel to the 1974 book “The Odessa File” that Forsyth worked on with fellow thriller author Tony Kent, will be published in August.

“Still read by millions across the world, Freddie’s thrillers define the genre and are still the benchmark to which contemporary writers aspire,” Scott-Kerr said.

This post appeared first on cnn.com

Israel’s blockade of Gaza may have been partially lifted – and a new US-backed plan to deliver aid has begun. But there are multiple indications that the plight of Gazans is rapidly worsening.

Restrictions imposed by the Israeli military on aid routes, ongoing airstrikes, a lack of security and the continuous displacement of tens of thousands of people are aggravating an already alarming situation, according to the UN and other aid agencies. The supplies that do get in risk getting looted.

“People in Gaza are starving. This demands the urgent opening of all crossings and allowing unimpeded access for humanitarian organizations to deliver aid at scale, through multiple routes,” the UN Office for the Coordination of Humanitarian Affairs (OCHA) said in its latest assessment.

The number of children in Gaza with acute malnutrition is rising, the UN reported Saturday, while a lack of fuel threatens to close hospitals that are still operating.

The Israeli agency handling the inspection of aid going into Gaza, the Coordinator of Government Activities in the Territories (COGAT), said Saturday that 350 trucks containing humanitarian aid had entered the Gaza Strip through the Kerem Shalom crossing in the last week – less than 20 per cent of the volume of goods getting into Gaza before the conflict.

And even the aid that gets in frequently does not make it to the most desperate. UN agencies report continuing difficulties with getting distribution routes within Gaza agreed with the Israeli military. OCHA said that out of 16 truckloads ready for distribution last Thursday, five were rejected, including fuel and water, and six failed to reach their destination.

Additionally, the looting of aid convoys in Gaza has risen sharply in recent weeks.

“Operations have faced unprecedented levels of insecurity and a very high risk of looting, with partners reporting that most looting incidents are conducted by desperate civilians,” according to OCHA.

Nahed Shehaibar, head of the Private Transport Association in Gaza, said on Saturday that transport of aid had been suspended “for the third consecutive day due to repeated attacks on trucks, including gunfire that has damaged and put several trucks out of service.”

Last week the association reported that one driver was killed and another injured while trying to deliver aid, but Shehaibar said on Sunday that 11 trucks of commercial goods had reached merchants in Deir al-Balah in central Gaza successfully.

On Sunday, GHF said it operated three distribution sites – two in southern Gaza and one in central Gaza – to hand out more than 17,000 boxes of food. In addition, GHF said in its daily update that it gave more than 10,000 meals to community leaders north of Rafah in what the organization called a pilot test of “direct-to-community distribution.”

But many people who went to the Netzarim site in central Gaza left empty-handed.

Nader Musleh, who had walked from Al-Mawasi several kilometers away, agreed.

“Some people took five or 10 boxes, and there’s no organization at all,” he said.

Mohammad Abu Akouz was one of several civilians who alleged that some people were injured after coming under Israeli tank fire as they made their way to the site.

GHF said it had been unable to open its sites on Saturday, accusing Hamas of making threats against its operations, including against drivers and Palestinian workers. It said the threats had made it impossible to proceed without putting innocent lives at risk.

The drivers had been scheduled to move 180 employees to the three distribution sites, he added.

GHF said on Friday that it had distributed more than 140,000 boxes of food, with each box intended to feed a family for half a week. The boxes contain pasta, lentils and cooking oil, among other products. GHF says its goal is to distribute boxes containing enough food for 4.5 million meals each day.

After last week’s shootings, GHF appealed to people not to arrive at distribution points “before the official opening time or gather near the gates ahead of schedule. This is for your safety and the safety of others.”

The Israel Defense Forces (IDF) said Saturday in a post on X that gathering outside distribution centers outside of announced hours was “strictly prohibited,” and warned that the areas around the aid hubs were closed military zones between 6 p.m. (11 a.m. ET) and 6 a.m. (11 p.m. ET).

The UN says that the use of the Israeli and American-backed GHF has militarized aid distribution and is inadequate for the huge task of feeding families in Gaza. GHF has no presence in northern Gaza.

In its latest assessment, OCHA said that 90 per cent of families in Gaza lack the cash needed to buy what little food remains available in markets. “Meat, dairy, vegetables and fruit are nearly absent from people’s diets,” it said.

Half of the community kitchens in Gaza have been forced to stop cooking due to lack of supplies or displacement orders, according to OCHA.

The UN Relief and Works Agency (UNRWA) – the main agency for supplying aid in Gaza – said Saturday that a nutrition study had found that the percentage of children under 5 suffering from acute malnutrition had risen from 4.7% in the first half of May to 5.8% in the second half of the month.

UNRWA said the number of children forced to fend for themselves had pushed an increasing number into “dangerous survival strategies. Children are reported working on the streets, participating in looting or gathering within large crowds in search of food supplies at insecure distribution points.”

It’s not just food that is running chronically short.

He added that “a large number of the wounded cannot be treated due to the lack of blood supplies and medical equipment,” and medical staff faced difficult choices about which patients to save.

The Palestinian Ministry of Health said Sunday that Al-Shifa Hospital and the Baptist Ahli Hospital, both in northern Gaza, were at risk of shutting down service within 24 hours. It said that would mean the collapse of what remains of the healthcare system in Gaza City.

In the south, the Health Ministry said the Nasser Medical Complex was operating on a limited fuel supply that will last no more than two days.

This post appeared first on cnn.com

Acclaimed Ukrainian opera singer Vladislav Horay has been killed while on a volunteer mission to the Sumy region, where a frontline battle for territory continues.

Horay was a soloist with the Odesa National Opera, which said in a statement that he was a “world-class tenor” and “Honored Artist of Ukraine,” whose voice was known around the globe.

“Tragic news has shaken the entire artistic community of Ukraine,” the opera house said in a post on Facebook on Sunday. “(Horay) was not only a talented performer — he was an example of strength, dignity, and kindness in life.”

The post did not say how Horay died.

According to a June 5 post on Horay’s Facebook, he was raising money for a Ukrainian naval unit.

Horay joined the Odesa National Academic Theater of Opera and Ballet in 1993 and performed in the USA, Britain, Canada and many other countries, according to its website. He also toured Britain and performed at London’s Royal Albert Hall.

His last performance was just a day before he died, according to the Odesa opera house, which uploaded a video of Horay singing the Neapolitan song “O Sole Mio.”

“Today, we share this video with you. It is not just a performance. It is farewell. It is the last concert. It is the last gift from a singer who lived for the stage and left a piece of his soul there.”

The northeast Sumy region where the Opera house said Horay was killed, has been a fierce battleground in the Russia-Ukraine war. The Opera said he was there on a volunteer mission, but did not elaborate.

Russian forces have in recent weeks made incremental progress advancing towards the capital of the region, also called Sumy.

While capturing the region’s capital is likely beyond what Moscow is setting out to do, the move underlines the pressure Kyiv is under, from the northern border to the Black Sea.

This post appeared first on cnn.com

One day after seeing their largest-ever one-day drop, Tesla shares recovered some losses Friday as the spat between CEO Elon Musk and President Donald Trump that exploded into public view Thursday took appeared to take a breather heading into the weekend.

Shares in the electronic vehicle maker gained as much as 5% amid broader market gains following a report showing the U.S. added more jobs in May than forecast.

Even with Friday’s rally, Tesla shares are still down approximately 21% in 2025 — a decline that accelerated last week following Musk’s departure from the Trump administration.

Musk, the world’s richest person and until recently Trump’s cost-cutter-in-chief, said last week he was leaving as the head of his Department of Government Efficiency project to refocus on his businesses.

Those companies — Tesla, the satellite and space-launch company SpaceX, the social media platform X and the brain tech startup Neuralink — have faced growing criticism as Musk oversaw deep cuts to the federal workforce. Tesla sales around the world have fallen sharply this year.

Trump and Musk traded escalating insults Thursday afternoon, with the president threatening on his Truth Social platform to ‘terminate Elon’s Governmental Subsidies and Contracts.’ Yet there was no sign of any follow through on the threat Friday. At the same time, a senior White House official told NBC News that Trump is “not interested” in a call with Musk.

Tesla stock closed more than 14% lower Thursday. The automaker is Musk’s only publicly traded company — and one that the president tried to boost as recently as March, drawing sharp criticism on ethical grounds for turning the White House driveway into a car showroom just as the company’s stock was plunging.

The Trump-Musk rift has dented Tesla’s stock anew after Musk slammed the GOP spending bill as ‘a disgusting abomination” in a post on X last week.

‘Bankrupting America is NOT ok!’ he wrote in another post, part of an ongoing barrage of public ridicule.

Musk began speaking out after an electric-vehicle tax credit that would help incentivize Tesla purchases was not included in the bill, which is estimated to add $2.4 trillion to the national debt over 10 years. Musk has lobbied congressional Republicans for that tax credit, NBC News reported Wednesday.

‘I was, like, disappointed to see the massive spending bill, frankly, which increases the budget deficit, doesn’t decrease it, and undermines the work that the DOGE team is doing,’ Musk told ‘CBS Sunday Morning’ over the weekend.

As Trump spoke about the former DOGE chief in the Oval Office on Thursday alongside German Chancellor Friedrich Merz, Musk began firing off dozens of posts on X.

‘Whatever,’ he wrote. ‘Keep the EV/solar incentive cuts in the bill, even though no oil & gas subsidies are touched (very unfair!!), but ditch the MOUNTAIN of DISGUSTING PORK in the bill. In the entire history of civilization, there has never been legislation that both big and beautiful. Everyone knows this!’

Trump pushed back further on Musk’s criticism.

“Elon knew the inner workings of this bill better than almost anybody sitting here, better than you people. He knew everything about it. He had no problem with it,” he said during the meeting with Merz. “All of a sudden he had a problem, and he only developed the problem when he found out that we’re going to have to cut the EV mandate because that’s billions and billions of dollars, and it really is unfair.”

As Trump continued speaking, Musk posted another comment: ‘False, this bill was never shown to me even once and was passed in the dead of night so fast that almost no one in Congress could even read it!’

Tech analyst Dan Ives said the EV tax credit isn’t the main factor behind Tesla’s stock slide. “The reason Tesla stock’s off the way it is — and I think overdone — is because of the view that this means that Trump is not going to play nice when it comes to regulatory” issues, he told CNBC on Thursday. The feud between the two men is “not what you want to see as a Tesla shareholder,” Ives added.

‘Where is this guy today??’ Musk added Thursday in yet another post, resharing a compilation of Trump’s past tweets including one in which Trump called the federal debt ‘a national security risk of the highest order.’

‘Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate,’ Musk added on social media. ‘Such ingratitude.’

Musk is the richest person on the planet, according to the Bloomberg Billionaires index. His net worth of $368 billion is $125 billion more than that of Meta CEO Mark Zuckerberg, who is ranked second. Musk spent $250 million supporting Trump’s most recent campaign.

The president quipped from the White House that he thinks Musk ‘misses the place.’

‘I think he got out there and all of a sudden he wasn’t in this beautiful Oval Office,’ Trump said. ‘He’s got nice offices too, but there’s something about this one.’

The president’s own publicly traded company, Trump Media & Technology Group, has also suffered in the market. Shares of the Truth Social parent company fell more than 8% Thursday and are down over 41% so far this year.

This post appeared first on NBC NEWS

QQQ and tech ETFs are leading the surge off the April low, but there is another group leading year-to-date. Year-to-date performance is important because it includes two big events: the stock market decline from mid February to early April and the steep surge into early June. We need to combine these two events for a complete performance picture.

TrendInvestorPro uses a Core ETF ChartList to track performance and rank momentum. This list includes 59 equity ETFs, 4 bond ETFs, 9 commodity ETFs and 2 crypto ETFs. The image below shows the top 10 performers year-to-date (%Chg). Seven of the top ten are metals-related ETFs. Gold Miners (GDX), Silver Miners (SIL), Platinum (PLTM) and Gold (GLD) are leading the way. The Aerospace & Defense ETF (ITA), Transformational Data Sharing ETF (BLOK) and ARK Fintech Innovation ETF (ARKF) are the only three non-commodity leaders. The message here is clear: metals are leading.

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TrendInvestorPro has been tracking the Platinum ETF (PLTM) and Palladium ETF (PALL) since their big breakout surges on May 20th. The chart below shows PALL with a higher low from August to April and a breakout on May 20th. The ETF fell back below the 200-day SMA (gray line) in late May, but resumed its breakout with a 7.75% surge this week.

The bottom window shows the PPO(5,200,0) moving above +1% on May 21st to signal an uptrend in late May. This signal filter means the 5-day EMA is more than 1% above the 200-day EMA. The uptrend signal remains valid until a cross below -1% (pink line). As with all trend-following signals, there are bad signals (whipsaws) and good signals (extended trends). Given overall strength in metals, this could be a good signal that foreshadows an extended uptrend.

TrendInvestorPro is following this signal, as well as breakouts in other commodity-related ETFs. Our comprehensive reports and videos focus on the leaders. This week we covered flags and pennants in several tech ETFs (XLK, IGV, SMH, ARKF, AIQ, MAGS). Click there to take a trial and get your four bonuses. 

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Ukraine sent dozens of its own citizens to Russia last month, releasing them from prisons in an attempt to secure the release of dozens of Ukrainian civilians held illegally in Russian jails – a move described by human rights activists as desperate and worrying.

According to the Ukrainian government, 70 Ukrainian civilians convicted of collaborating with Russia were released as part of the 1,000 for 1,000 prisoner exchange between Kyiv and Moscow last month.

Ukraine said all of them went into exile voluntarily, as part of a government scheme that gives anyone convicted of collaborating with Russia the option of being sent there.

But human rights groups and international lawyers say the scheme is problematic, contradicts previous statements made by the Ukrainian government, and could potentially put more people at risk of being snatched by the Russians.

“I completely understand the sentiment, we all want the people (who are detained in Russia) to be released as quickly as possible and Russia has no will to do that… but the solution that is offered is definitely not the right one,” said Onysiia Syniuk, a legal analyst at Zmina, a Ukrainian human rights group.

The program, called “I want to go to my own,” was launched last year by Ukraine’s Coordination Headquarters for the Treatment of Prisoners of War, the Ministry of Defense, the Security Service and the parliament’s Commissioner for Human Rights.

A government website outlining the program includes photos and personal information of some of the 300 Ukrainian people that the government says have signed up to the program.

The profiles of 31 of them are stamped with a picture of a suitcase and the words “HAS LEFT,” with a note saying he or she “left for Russia while at the same time real Ukrainians returned home.”

Bargaining chips

According to Kyiv, at least 16,000 Ukrainian civilians are known to be detained in Russia, although the real number is likely to be much higher. Some 37,000 Ukrainians, including civilians, children and members of the military, are officially recognized as missing.

Many have been detained in occupied territories, detained for months or even years without any charges or trial, and deported to Russia. They include activists, journalists, priests, politicians and community leaders as well as people who appear to have been snatched by Russian troops at random at checkpoints and other places in occupied Ukraine.

The detention of civilians by an occupying power is illegal under international laws of conflict, except for in a few narrowly defined situations and with strict time limits.

Because of that, there is no established legal framework for the treatment and exchange of civilian detainees in the same way there is for prisoners of war.

Russia has, in some cases, claimed that the Ukrainian civilians it is holding are prisoners of war and should be recognized as such by Ukraine. Kyiv has been reluctant to do so because it could put civilians living in occupied areas of Ukraine at risk of being arbitrarily detained by Russia as it seeks to grow its pool for future exchanges.

Kyiv has rallied its allies to increase pressure on Russia over the issue and tried to get Moscow to agree to release the detained civilians through third countries, similar to the way some Ukrainian children have been returned with the help of Qatar, South Africa and the Vatican.

Several international organizations, including the United Nations and the Organization for Security and Co-operation in Europe (OSCE), have also repeatedly called on Moscow to unconditionally release its civilian detainees.

Russia has ignored the pleas.

The “I want to go to my own” program is an attempt by Kyiv to get some of the detained civilians back without having to recognize them as prisoners of war.

But human rights groups are urging the Ukrainian government to continue to press for unconditional release of civilians. “Under international humanitarian law, it is not possible to talk about exchanging civilians. All civilians unlawfully detained must be released unconditionally,” said Yulia Gorbunova, a senior researcher on Ukraine at Human Rights Watch (HRW).

Announcing the 1,000 for 1,000 exchange, Ukraine’s President Volodymyr Zelensky hinted as much.

“I would like to thank our law enforcement officers today for adding Russian saboteurs and collaborators to the exchange fund,” the president said, while also thanking Ukrainian soldiers for capturing Russian troops on the front lines.

‘Political prisoners’

But it seems that the scheme did not yield the results Kyiv was hoping for.

The headquarters said the returnees included a group of at least 60 Ukrainian civilians who were convicted of criminal offenses unrelated to the war.

After completing their sentences, Russian authorities were supposed to deport these prisoners from the occupied territories back to Ukraine. Instead, it kept them, unlawfully, in detention centers normally used for illegal immigrants and only released them as part of the 1,000 for 1,000 prisoner swap.

The RussianHuman Rights Commissioner Tatyana Moskalkova described the convicted Ukrainian collaborators sent to Russia as “political prisoners,” but did not give any more details on who they were or what would happen to them next.

The “I want to go to my own” website gives details of some those sent to Russia in the prisoner exchange, including the offenses they were convicted of. Many were serving years-long sentences for collaboration with Moscow. Some were convicted of supporting the invasion or sharing information with Russian troops. Most received sentences of between five and eight years in prison.

But human rights lawyers say the Ukrainian collaboration law under which these people were sentenced is itself problematic.

HRW has previously issued an extensive report criticizing the anti-collaboration law, calling it flawed.

Gorbunova said the group analyzed close to 2,000 verdicts and that while there were genuine collaborators among them, a lot of them were “people who, under international humanitarian law, should not have been prosecuted.”

She said these included cases where there’s been “little or no harm done” and or where there was no intent to harm national security. Some of the cases involve people who had been working in public service in areas that were then occupied and who had simply continued doing their jobs.

“Helping people on the streets, people who are sick or have disabilities, distributing humanitarian aid. Teachers, firefighters, municipal workers who collect trash, that type of thing – they could be convicted of working for the occupation as collaborators,” she said.

“That is not to say that there are no actual collaborators who commit crimes against national security…who should be punished, (but) this legislation is so vague that essentially a very wide range of activities of people living and working under occupation could qualify as collaboration, which is troubling and problematic,” she said.

While the initiative’s website includes what it says are handwritten notes from each of the convicted collaborators indicating their wish to leave for Russia, human rights organizations say the way in which they have been disowned by their country is ethically dubious.

This post appeared first on cnn.com

Russia claimed Sunday that its forces are for the first time pushing into the central Ukrainian region of Dnipropetrovsk, an area it has been trying to reach for months, in a move that could create new problems for Kyiv’s much-stretched forces.

Subunits from the Russian military’s 90th tank division reached the border of Dnipropetrovsk with the Donetsk region, large parts of which are already under Russian occupation, according to the Russian Ministry of Defense. After this, they continued into Dnipropetrovsk, the defense ministry claimed.

But if confirmed, the Russian advance would be a setback for Ukrainian forces at time when peace talks have stalled. Russian forces have also in recent weeks made incremental progress in the northern Sumy region, as well as near Lyman in Donetsk.

The Russian advance would also put further pressure on the Ukrainians’ grip on the town of Pokrovsk, a key hub that has been under Russian assault for months. Ukraine’s General Staff said Sunday morning that its troops had stopped 65 “offensive” Russian actions in the Pokrovsk direction.

An Institute for the Study of War (ISW) assessment of Russia’s offensive campaign found that Russian forces continued their offensive operations in the Pokrovsk direction on Saturday, but did not advance.

Dnipropetrovsk is bordered by three regions that are partially occupied by Russia – Donetsk, Kherson and Zaporizhzhia.

One of Russia’s declared goals is capturing all three regions. It already occupies all but a slither of a fourth region, Luhansk.

Dnipropetrovsk is more sparsely populated and rural than those four regions, known as the Donbas, and will be more difficult to defend. It is an important mining and logistics center and had an estimated population of three million before the war began.

Russia’s claim comes days after its forces advanced further in the northern Sumy region, bringing the region’s capital within range of drones and artillery.

While capturing the region’s capital city, also named Sumy, is likely beyond what Moscow is setting out to do, the move underlines the pressure Kyiv is under, from the northern border to the Black Sea.

This post appeared first on cnn.com

President Donald Trump has escalated his sudden rupture with Elon Musk by implying the government could sever ties with the tech titan’s businesses.

‘The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it,’ Trump wrote Thursday on Truth Social.

Various estimates have been put forward about just how much Musk’s firms, primarily SpaceX and Tesla, benefit from U.S. government contracts and subsidies. The Washington Post has put the figure at $38 billion, with SpaceX President and COO Gwynne Shotwell estimating that company alone benefits from $22 billion in federal spending. Reuters has reported that the true figure is classified because of the nature of many of the contracts Musk’s firms are under.

NASA relies on SpaceX to ferry astronauts to and from the International Space Station. The agency’s only other option at the moment is to pay around $90 million for a seat aboard Russia’s Soyuz capsule.

Last year, SpaceX was selected to develop a vehicle capable of safely de-orbiting the International Space Station in 2030, when NASA and its partner space agencies agreed to end operation of the orbiting laboratory. SpaceX is also expected to play a major role in NASA’s efforts to return astronauts to the moon and eventually travel beyond to Mars.

Later Thursday afternoon, Musk posted that he would begin ‘decommissioning’ SpaceX’s Dragon spacecraft, which regularly flies astronauts and cargo to the ISS, in response to Trump’s threat.

NASA spokesperson Bethany Stevens said the agency ‘will continue to execute upon the President’s vision for the future of space.’

‘We will continue to work with our industry partners to ensure the President’s objectives in space are met,’ she said in a statement on X.

Tesla, meanwhile, has benefited from approximately $11.4 billion in total regulatory credits aimed at boosting electric-vehicle purchases, though that figure also includes state-level subsidies. Musk has claimed he no longer needs the credit, which he says now primarily benefits rivals.

Following Trump’s threat, shares in Tesla, which had already fallen 8% on Thursday as the tit-for-tat escalated on social media, declined as much as 15% following Trump’s post. SpaceX is privately held and its shares do not trade on the open market.

Trump’s warning came as part of a stunning exchange with Musk — who spent more than $250 million to help him get elected — that erupted into public view.

Earlier in the day, president told reporters in the Oval Office that he was disappointed in Musk’s criticism of the Republican policy bill that is making its way through Congress. Musk has blasted the bill, calling it a ‘disgusting abomination,’ amid concerns it would worsen the U.S. fiscal deficit.

Musk, who officially left his White House role last week to spend more time on his companies, spent much of Thursday launching into a tirade on X, his social media platform, where he posted a variety of critiques of Trump, the bill and other Republican politicians.

A make-good on Trump’s threat would come at a sensitive time for Tesla, which has seen global sales plunge partly in response to Musk’s very involvement with the Trump campaign. Year to date, its shares are down some 25%.

Trump’s warning also raises the specter that Trump could resurface pending government investigations into Musk’s firms. According to a report in April from Democratic staff of the Senate Homeland Security Permanent Subcommittee on Investigations, Musk’s firms were facing $2.37 billion in potential federal liabilities when Trump took office in January.

Since then, many of those actions have been paused or outright dismissed alongside the rise of the previously Musk-helmed Department of Government Efficiency, which gutted many of the agencies looking into Musk’s businesses.

This post appeared first on NBC NEWS

Stay ahead of the market in under 30 minutes! In this video, Mary Ellen breaks down why the S&P 500 just broke out, which sectors are truly leading (industrials, technology & materials), and what next week’s inflation data could mean for your portfolio.

This video originally premiered June 6, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.