Jeff Bezos Denies Elon Musk's Accusations About Donald Trump Election Predictions

Elon Musk accused Jeff Bezos of advising people to sell their Tesla and SpaceX stocks by predicting Donald Trump’s election loss, causing stock dips. Bezos swiftly denied the claim on X, marking a rare public response to Musk's assertions. Musk, in turn, humorously acknowledged the correction. The exchange highlights the ongoing rivalry between the two tech moguls.

In a rare post on X, Amazon founder Jeff Bezos vehemently denied accusations made by Tesla CEO Elon Musk. Musk had claimed that Bezos advised people to sell their Tesla and SpaceX stocks, citing that Donald Trump would certainly lose the election, a statement Musk suggested had negatively impacted the stock prices of his companies.

Bezos, in his first public post since November 6, 2024, categorically refuted Musk’s claims, stating, "Nope. 100% not true." Musk, in response, humorously conceded with a laughing face emoji, "Well, then, I stand corrected."

The controversy stems from Musk's post, in which he claimed that Bezos had warned people about Trump’s electoral loss, leading them to sell off stocks in Tesla and SpaceX, which subsequently saw a drop in value.

Musk, a prominent supporter of Trump during the 2020 election campaign, spent over $130 million on Trump's reelection efforts and has been seen at Trump's Mar-a-Lago resort since the election. His comments linking Bezos to the stock dip were tied to the fear that Trump's loss could harm the companies Musk leads.

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Bezos’s direct and rare engagement on X puts a spotlight on the growing rivalry between the two billionaires, with each asserting their position in the tech and political spheres.