Legal AF by MeidasTouch - Trump & Musk Pay the Price as Their Breakup Implodes

Episode Date: June 7, 2025

While you can’t put a price tag on revenge, you can calculate how much Musk has lost in order to fire Donald Trump today. Michael Popok places the timeline for the escalating public firefight between Donald Trump and Elon Musk alongside the stock market, which is punishing Musk by taking away more than 100 billion of wealth because they don’t like what the fight is doing to his SpaceX company. For 20% off your order head to https://LaundrySauce.com/LEGALAF20 and use code LEGALAF20 Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

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with Elon Musk effectively firing Donald Trump, but losing $40 billion in wealth in order to do it. You know, there's a line, and I saw it in the Bloomberg reporting on this from Clint Eastwood movies, go ahead, make my day. How many bullets do I have in the chamber? Here Elon Musk doesn't seem to care because he just got his rocks off for $40 billion of loss of net worth after the market hammered him for fighting with Donald Trump, leading to Donald Trump firing SpaceX, which is, we don't have a NASA anymore, the entire rocket program, the entire reusable rocket program, shuttle program, International Space Station, all offloaded effectively to Elon Musk. A little bit of origin with Jeff Bezos, but really Elon Musk. And when that war broke out and Donald Trump said, I fire you, and he says, no, I

fire you, and I fire all the contracts. Yeah, the market fired on Elon Musk's net worth on Michael Popok. It's just, you can't make this stuff up. He's the ultimate insider, the whistleblower, Elon Musk, and he's crapping all over Donald Trump, even if he means losing tremendous amount of wealth. Let's cover it right here on Midas Touch Network and on Legal AF. What happened?

I don't know. Was it his being unceremoniously shown the door? We thought it was voluntary. Now it looks like it wasn't very voluntary for Elon Musk to be sent out of the Trump administration 120 days in. And then after he left, basically they told him, don't let the door hit you on the way out even though they gave him the you know you know please and thank you thank you for your service you know White House send-off going back we thought he was gonna go back to his businesses his failed businesses and screw them up further nope no he then got a look at to look at the timeline of events he then must got

a look at the big beautiful abomination of a budget bill and said it's an abomination. I can't support it and it's adding trillions to the debt and undoing all the work that Doge did that I did. All the cost cutting is now gone in order to give tax cuts to the wealthy. We're like, that's interesting. That's Elon Musk jumping off sides, all right? But we're not done before I get to the $40 billion shave off of wealth. Then Elon Musk effectively says, you can't fire me. I fire you.

I'm going to take space dragon, whatever that is, and drown it. I'm not going to let you use my rocket anymore. I'm taking my toys and I'm going home. Now that little spider sense in me says, we got a whistleblower. We got an insider with knowledge who's not happy any longer,

who's not tied to any confidentiality agreement or non-disclosure agreement, and he's just going to be manna from heaven to the trial lawyers in the dozen cases against Trump involving Doge and Elon Musk. Can't you just see it now, everybody? Let's just astral project ourselves into the deposition room, the hearing room, the trial, when Elon Musk is called to testify. Uncontrollable Elon Musk.

Oh, I love it. But it got worse. I don't know how it could get any better. Now how do I But it got worse. I don't know how it could get any better. Now how do I know it got worse? Because I've been doing employment law for most of my career. And when an ex-employee decides to call his former boss a pedophile, that may be the point of no return, don't you think? And that's what we have.

It's been reported on the Midas Dutch Network. We've been talking about the link between Donald Trump and Jeffrey Epstein for a long, long time. We knew he was on those manifests. We knew he traveled on those planes. There are pictures of it. Jeffrey Epstein talked about it. But Donald Trump made a great, I guess it was a slow news day or was trying to distract

from some failed policy of his. So we had the Justice Department announce with the FBI that they were releasing the Epstein files and everybody showed up to grab these empty folders. Turned out there was nothing inside and nothing that hadn't already been made public. Musk comes out now today and says, you know why you didn't get the Epstein files? Because Trump is in them.

Because Trump was on the plane. Now we're like, holy schmigoli. That's a legal term. We now have the rogue ultimate insider whistleblower calling the former boss a pedophile. There's no other way to put it. And I thought, well, let's put a lid on that for the day. Don't you think, folks?

And the market meantime is reacting in real time to E.L.A. mainly down. I don't know why I'm doing up the roller real time to E-mail down. I don't know why I'm doing up the roller coaster, down, down, down, sell, sell, sell. So you just hear, you know those shot they always give you of those light blue coated, usually guys on the trading floor of the New York Stock Exchange. It's always like one guy like this.

I assure you, and I've been on the Stock Exchange. They're yelling, sell, sell, sell. And his Tesla stock is just plummeting. Then the tit for tat continues. Donald Trump could have gotten rid of a securities and exchange commission case against Elon Musk a long time ago, but he didn't. And now there's a new filing that's due in that case. We'll have to see what Elon Musk then. And I think what we're

going to see is this alliance of, wait for it, Elon Musk and those law firms that Donald Trump went after, try to put them on the crap list, try to make them radioactive, and they beat Donald Trump for major law firms, General Block, WilmerHale, Perkins, Coy, all those firms getting together, you know they're trying to reach out to Elon Musk to try to get him to testify in the cases against Donald Trump. Before our next sponsor, Laundry Sauce,

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representing Harvard against Donald Trump, wait for it. Put this in the time capsule. Popak predicts that some version of those firms that Elon Musk are gonna get together and help ultimately those plaintiffs cases to declare everything that Elon Musk did to be illegal, unconstitutional, ultra-varies, and what we call void ab-ab-nicio,

meaning forget it reverse it But the the genie goes back in the bottle the toothpaste back in the tube the egg back and you get it for everything that he did That's the impact of having him be declared Unconstitutionally put in his chair and that's what those lawsuits are about There's one huge one that's under the radar a little bit in front of Judge Chutkin, which he just ruled a week ago. I'm not dismissing this case of 14 attorneys general, 14 states led by Letitia James. No, they make a good point about the violation of the Appointments Clause. And now they've got their key witness, the one that just

called the boss, the pedophile, that one, and then it got worse on the TikTok. Now, Elon Musk is calling for the, or endorsing the impeachment of Donald Trump. I mean, I joined with him in that. I just never thought my mouth would form the words, Musk calls for Trump's impeachment. Was anybody shocked by this? Anybody shocked by Donald Trump relying on an unreliable, emotionally unreliably, a mentally unstable genius in Elon Musk?

I mean, he is a genius, but he's an evil genius. And Trump relied on him both to get elected. I mean, that was the beginning, right? Musk declaring out loud, you would, I'm not an ingrate, you're an ingrate. I got you elected. I bought you. I bought your win. I bought the win for the House and the Senate and you're not giving me enough credit. I spent $250 million of my own money. That doesn't even include the money he spent in local races or the 20 million he spent to try to buy the Wisconsin Supreme Court.

And now the market's reacting, right? So now we got the $40 million drop. But against his better interest, against his own judgment, against his own interests, Elon Musk is stepping up and taking on Donald Trump. And now the internet, the metaverse, the Twitterverse is taking sides. And the betting odds are on Elon Musk because Donald Trump won't be president in 2028 at the end of 2028.

But Elon Musk will still be likely the world's richest man and he'll be Elon Musk. And Donald Trump will just finally be a felon retiree to Florida where he belongs. So Elon Musk, both in age, in wealth, in talent, is going to outlast Donald Trump. I feel like I'm watching another episode of Mountain Head from HBO, go look it up.

They only did one episode, they only did one film. The oligarchs are going to bring down a presidency. This is life imitating art. And now Donald Trump, where are his friends? He's going after all of his constituencies. Leonard Leo, the Federalist Society, the dozens of shadowy organizations, including those that support Ginny Thomas, Clarence Thomas's wife, and the billions of dollars they put behind Donald Trump to make sure the judges matched their right wing ideals.

He's in a major fight with them. I thought that was enough. But Elon Musk, oh manna from heaven, and he doesn't care. He'll lose another $100 million. Hell, look how much he lost buying Twitter. To him, it's pocket change. It's chump change. He'll go out of the space business.

He'll go to Mars on his own without the contracts with the federal government. But I'm here to report on it, one way or the other, on the MidasTouch Network and on LegalAF. I'm Michael Popok. Follow me on LegalAF, the podcast. LegalAF, the YouTube channel. Come on over there, help us continue to grow that channel.

And Legal AF, the sub stack. And one last thing, I got a new podcast, sort of like this, but longer. It's called The Intersection with PO-POK. It's every Tuesday, 8 p.m. Eastern time on the Midas Touch Network. We rebroadcast it on Legal AF, a YouTube channel. And then I do kind follow-up episodes about every day at that same intersection of law and politics. So until my next report, I'm Michael Popock.

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