Trump’s White House Press Secretary Karoline Leavit echoed that sentiment speaking with reporters Wednesday afternoon. “The President acknowledged the statement that Elon put out this morning and he is appreciative of it. We are continuing to focus on the work of the American people,” Leavitt said.

Musk urged Americans to call their representatives in Washington to "kill the bill" as he believed it would "cause a recession in the second half of the year".

"I regret some of my posts about President Donald Trump last week. They went too far," Musk wrote.