We’ve clearly clarified that the Elon-Trump feud is real. I assume you’ve seen or heard about the back-and-forth social media salvos in which Trump has threatened to terminate Musk’s companies’ contracts. Musk has claimed responsibility for Trump’s election and claims Trump is in the “Epstein Files.”

Musk has now at least shown that he’s serious about this, not just whining about the “Big, Beautiful Bill” which the White House and the Hill mainly didn’t care about. This is a truly sui generis situation in the sweep of American history, in large part because we’ve never had a U.S. President who is governing in the way Donald Trump is or willing to do the things he’s willing to do. We’ve also not really — though here history’s analogs are less certain — had a plutocrat with Musk’s scale of wealth and hold over multiple critical industries. There are even fun side questions: who gets custody of Katie Miller? (Google it.)

A new episode of The Josh Marshall Podcast is live! This week, Kate and Josh discuss Musk’s big loser energy, Joni Ernst’s generational gaffe and the unprecedented corruption of the Trump regime.

We seem to be moving toward a bit more real animus between Elon Musk and Donald Trump. Musk keeps attacking Trump’s budget bill on Twitter. Trump has now stopped saying they’re actually best buds. In comments today he’s saying, albeit very tepidly, that the friendship seems to be over. I remain agnostic on where this dispute goes and whether it will amount to anything. What I see mostly is that Musk just looks incredibly small and diminished at the moment. The response from Republican members of Congress seems like a general, “Thank you so much for sharing your views” kind of thing.

I hear from the D.C. publications that Republican electeds are on edge. But they don’t seem on edge. They don’t seem afraid of Musk. Or perhaps it’s better to say they’re much, much more afraid of Trump, which amounts to the same thing. But even his criticisms, while notionally biting and intense, feel sulky and ineffectual.

I wanted to flag your attention to this Dave Weigel piece in Semafor. It’s about an event (“WelcomeFest”) put on by a centrist PAC called WelcomePAC, which is presenting itself as a kind of latter-day Democratic Leadership Council or punchy and centrist group focused on picking fights with the party’s left wing. It’s a kind of set piece for a lot of stuff that’s going on among Democrats right now. The big push is to defang the power of “the groups” and then, on a secondary level, get the party away from various litmus tests and speech policing. Then there’s a secondary push for “abundance” politics. They brought together several centristy members of Congress — Rep. Ritchie Torres (NY), Rep. Jake Auchincloss (MA), Sen. Elissa Slotkin (MI) — and then commentator Matt Yglesias, data influencer David Schor and former Senate staffer Adam Jentleson, among others.

As Weigel reports, moments after Torres starts his remarks, this happens …