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American billionaire and owner of Tesla and SpaceX Elon Musk has publicly admitted that he regrets some of his posts criticizing US President Donald Trump. He wrote about this on the social network X (Twitter).

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

The conflict between Musk and Trump last week occurred over the US president's "one big beautiful bill" that aims to extend tax breaks and invest billions of dollars in border security.

Musk called the bill "massive, outrageous, riddled with lobbying costs," and "a disgusting abomination." He also said that without his support, Trump would have lost the election.

Musk also accused Trump of involvement in the case of financier Jeffrey Epstein, who was accused of sex trafficking and relations with minors.

In response, Trump called Musk "crazy" and promised to end government subsidies and contracts for his companies, including SpaceX.