SpaceX CEO Elon Musk appeared ready to deescalate his feud with President Trump, although the president said he is "not particularly" interested in talking to the other billionaire.

ABC News reporter Jonathan Karl posted on X on Friday that he spoke with Trump, who said he is not looking to talk through the feud with Musk.

"In a phone conversation this morning, @realDonaldTrump told me @elonmusk is 'the man who has lost his mind.' Trump did not, however, seem angry or even concerned about the feud. As for reports that there is going to be a Trump/Musk call scheduled for today, Trump told me he is 'not particularly' interested in talking to Musk although he says Musk wants to talk to him," Karl wrote.

Trump's comment came after Musk appeared ready to end the feud.

Hedge fund billionaire Bill Ackman on Thursday evening encouraged Musk and Trump to make peace.

"I support @realDonaldTrump and @elonmusk and they should make peace for the benefit of our great country," Ackman posted on X. "We are much stronger together than apart."

Musk replied to Ackman, posting, "You're not wrong."

On Thursday, Musk started a public row over spending provisions in Trump's so-called "Big, Beautiful Bill," now being considered in the Senate. 

The spat escalated with Trump suggesting the government balance its budget by canceling subsidies to Elon Musk's companies, after which Musk stated that the government had failed to release the Epstein files due to Trump's place in them.

After Musk's comment on Epstein, Trump appeared to try to lower the temperature of the feud.

"I don’t mind Elon turning against me, but he should have done so months ago," Trump posted. "This is one of the Greatest Bills ever presented to Congress. It’s a Record Cut in Expenses, $1.6 Trillion Dollars, and the Biggest Tax Cut ever given. If this Bill doesn’t pass, there will be a 68% Tax Increase, and things far worse than that."