00:00U.S. President Donald Trump declares that his relationship with tech billionaire Elon Musk is over.
00:06When asked by NBC News if he hoped to mend damage ties, Trump indicated the answer to be no.
00:13He also warned of serious consequences if Musk decides to back Democratic candidates running against Republicans.
00:21However, he declined to elaborate what those consequences would be.
00:25Trump added that he had not considered terminating government contracts with Musk's companies,
00:31including Starlink's satellite internet and SpaceX rocket launchers.
00:36The ongoing feud comes after Musk publicly criticised the President's tax and spending bill, a key domestic policy.
00:44He has since deleted some social media posts critical of Trump, including one suggesting the President be impeached,
00:51but has yet to respond for requests for comment.
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