Donald Trump is set to call Elon Musk today after the pair descended into a war of words on Thursday, indicating a step towards reconciliation.

Mr Trump projected an air of nonchalance as he spoke about the public spat, which played out on social media, in a phone call last night. 

“Oh it’s okay,” Mr Trump told Politico when asked about the argument. “It’s going very well, never done better.”

Mr Trump and Mr Musk, some of the world’s most powerful men, seemingly ended a close relationship after the Tesla boss criticised the president’s new spending bill.

Mr Musk went on to accuse Mr Trump of being named in documents relating to the paedophile Jeffrey Epstein, adding that he would have lost the election without him.

He also called for Mr Trump to be impeached. 

But Mr Musk also appeared agreeable to a truce last night when hedge fund manager Bill Ackman moved to ease tension.

“I support @realDonaldTrump and @elonmusk and they should make peace for the benefit of our great country,” Mr Ackman wrote on X.

“You’re not wrong,” Mr Musk responded.