00:00Billionaire Elon Musk has said he regrets some of the posts he made about U.S. President Donald Trump during their war of words on social media.
00:09The budget, which includes huge tax breaks and more defense spending, was passed by the House of Representatives last month and is now being considered by senators.
00:19Musk said and threatened to cancel his government contracts, which have an estimated value of $38 billion or bound 28 billion pounds.
00:26A significant chunk of that goes to Musk's space technology company, SpaceX.