Elon Musk hit back at President Trump’s claim that he didn’t want to strip the mogul’s companies of his government subisidies. Trump seemingly extended an olive branch after the public falling out between the two by denying reports that he had it out for Musk.

Trump is looking to set the record straight on his stance on Elon Musk's companies. The president said he wanted Elon's businesses to "thrive."

He emphasized that he wants all American businesses to thrive like never before, amid speculation of a fallout between the two after Musk criticized Trumps major tax and domestic policy bill.