"I think it's a shame that he's so depressed and so heartbroken," Trump said of the billionaire in a phone call with NBC News' Kristen Welker.
The big picture: Trump's comments also came with a warning to Musk when the president said the Tesla CEO could face "serious consequences" should he fund Democratic candidates in the next election running against Republicans who vote for Trump's "big, beautiful bill."
Elon Musk might have hundreds of billions of dollars and a social media megaphone, but President Trump's power over the levers of government may put Musk's business empire at much more immediate risk.
The big picture: Virtually everything Musk does has huge regulatory exposure, from cars to spaceflight to neural implants.