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The US has announced it has increased its reward for information leading to the arrest of Venezuelan President Nicolas Maduro.

In a statement on Friday, the US treasury said up to $25m is being offered for information leading to the arrest of Mr Maduro and his named interior minister Diosdado Cabello.

Up to $15m is also being offered for information on the incoming defence minister Vladimir Padrino. Further sanctions have also been introduced against the South American country’s state-owned oil company and airline.

The reward was announced as Mr Maduro was sworn in for a third successive term as the Venezuelan president, following a disputed election win last year.

Nicolas Maduro sworn in for a third term as president.
Pic: Reuters
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Sanctions from the US, UK and EU came as Maduro was sworn in for a third term as president. Pic: Reuters

Elvis Amoroso, head of the National Electoral Council, said at the time Mr Maduro had secured 51% of the vote, beating his opponent Edmundo Gonzalez, who won 44%.

But while Venezuela’s electoral authority and top court declared him the winner, tallies confirming Mr Maduro’s win were never released. The country’s opposition also insists that ballot box level tallies show Mr Gonzalez won in a landslide.

Nationwide protests broke out over the dispute, with a brawl erupting in the capital Caracas when dozens of police in riot gear blocked the demonstrations and officers used tear gas to disperse them.

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From July 2024: Protests after Venezuela election results

More than 2,000 demonstrators were arrested, and Mr Gonzalez fled to Spain to seek asylum in September.

While being sworn in at the national assembly, Mr Maduro said: “May this new presidential term be a period of peace, of prosperity, of equality and the new democracy.”

He also accused the opposition of attempting to turn the inauguration into a “world war,” adding: “I have not been made president by the government of the United States, nor by the pro-imperialist governments of Latin America.”

Lammy: Election ‘neither free nor fair’

The UK and EU have also introduced new sanctions against Venezuelan officials – including the president of Venezuela’s supreme court Caryslia Beatriz Rodriguez Rodriguez and the director of its criminal investigations department Asdrubal Jose Brito Hernandez.

Foreign Secretary David Lammy said Mr Maduro’s “claim to power is fraudulent” and that last year’s election “was neither free nor fair”.

“The UK will not stand by as Maduro continues to oppress, undermine democracy, and commit appalling human rights violations,” he added.

Read more:
Opposition dreams crushed by Maduro’s ‘system’
Venezuela arrests six over ‘assassination plot’

Mr Maduro and his government have always rejected international sanctions as illegitimate measures that amount to an “economic war” designed to cripple Venezuela.

Those targeted by the UK’s sanctions will face travel bans and asset freezes, preventing them from entering the country and holding funds or economic resources.

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Elon Musk post claiming that Donald Trump appears in Epstein files removed from X

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Elon Musk post claiming that Donald Trump appears in Epstein files removed from X

Elon Musk’s social media post claiming Donald Trump is in files relating to the disgraced paedophile financier Jeffrey Epstein has been removed.

The tech billionaire made the allegation on X as he traded blows with the US president in a dramatic public row.

In the post, which now appears to have been deleted, Musk said: “@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public.

“Mark this post for the future. The truth will come out.”

He gave no evidence for the claim, which was dismissed by the White House – with the post disappearing from his social media platform by Sunday.

Users clicking on the message – first posted on Thursday – were instead greeted with: “Hmm…this page doesn’t exist. Try searching for something else.”

Epstein killed himself in his jail cell in August 2019 while awaiting trial on charges of sex trafficking minors.

File pic: Reuters
Image:
File pic: Reuters

Musk and Mr Trump’s relationship broke down publicly on Thursday, just days after the Tesla and SpaceX chief executive left his role as a special government employee.

In a fiery exchange, Musk posted a series of messages on X criticising the president’s signature tax and spending bill as a “big ugly spending bill”.

President Trump posted on Truth Social, saying Musk had been “wearing thin” and claimed he “asked him to leave” his government position – something Musk denied.

Read more:
Explosive row more terrifying than titillating
The big, beautiful bust-up everyone knew was coming

Musk then hit back with his claim about the US president appearing in the Epstein files.

Press secretary Karoline Leavitt dismissed the comment in a statement.

“This is an unfortunate episode from Elon, who is unhappy with the One Big Beautiful Bill because it does not include the policies he wanted,” she said.

“The president is focused on passing this historic piece of legislation and making our country great again.”

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The spat hit Tesla shares, which closed down 14.3% on Thursday, losing about $150bn (£111bn) in value.

In an interview with ABC News, Mr Trump was asked about reports a phone call was scheduled between him and Musk on Friday.

He reportedly said: “You mean the man who has lost his mind?”

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Trump says Musk has ‘lost his mind’ – as president considering selling his Tesla

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Trump says Musk has 'lost his mind' - as president considering selling his Tesla

Donald Trump has said Elon Musk has “lost his mind”, according to US media, as the White House reveals the president is not interested in speaking to him.

In a phone interview with ABC News, the US president was asked about reports that a phone call was scheduled on Friday between Musk and himself.

“You mean the man who has lost his mind?” he is said to have responded.

A White House official has said Mr Trump is not interested in talking to his former ally amid a bitter feud between the two, adding that no phone call is planned for the day.

It comes as a source familiar with the situation has told Sky News the president is considering selling his Tesla, in a further sign that no resolution to the explosive bust-up is in sight.

Mr Trump purchased a Tesla earlier this year, describing the company as Elon’s “baby”.

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‘Wheels come off’ Musk-Trump relationship

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The pair’s relationship broke down publicly on Thursday, just days after Tesla and SpaceX CEO Musk left his role as a special government employee.

In a fiery exchange, Musk posted a series of messages on X criticising the president’s signature tax bill as a “big ugly spending bill”.

President Trump posted on Truth Social that Musk had been “wearing thin” and claimed he “asked him to leave” his government position, something Musk denied.

Elon Musk then hit back, alleging the president “is in the Epstein files. That is the real reason they have not been made public.”

He gave no evidence for the claim, and it was dismissed by the White House.

In a statement, it called the bust-up an “unfortunate episode from Elon, who is unhappy with the One Big Beautiful Bill because it does not include the policies he wanted.”

Read more:
Musk says Trump appears in Epstein files as row explodes
The extraordinary spat minute-by-minute
The big, beautiful bust-up everyone knew was coming

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Trump hits out at Musk

The bill at the centre of the spat was passed by the House Republicans in May and has been described by the president as a “big, beautiful bill”.

The president said to reporters in the White House on Thursday that Musk “knew the inner workings of the bill better than anybody sitting here”.

“He had no problem with it. All of a sudden, he had a problem and he only developed the problem when he found out we’re going to have to cut the EV mandate.”

Musk then denied this, saying: “False, this bill was never shown to me even once and was passed in the dead of night so fast that almost no one in Congress could even read it!”

The spat hit Tesla shares, which closed down 14.3% on Thursday, losing about $150bn (£111bn) in value.

Musk also said SpaceX will begin decommissioning its Dragon spacecraft “immediately” after Mr Trump threatened to cancel government contracts with Musk’s businesses.

Hours after issuing his threat, however, Musk heeded advice from X users telling him to “cool down” and posted: “Ok, we won’t decommission Dragon”.

The row between two of the most powerful men in America comes a week after Musk left his position in the government, where he spearheaded a controversial cost-cutting department, DOGE – the Department of Government Efficiency.

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Trump and Musk’s extraordinary spat minute-by-minute

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Elon Musk post claiming that Donald Trump appears in Epstein files removed from X

They were once the best of friends, but last night that came to an end – and it all unfolded online as people across the world looked on… and retweeted.

Tension between Elon Musk and Donald Trump had been building for several days after the SpaceX billionaire criticised the US president’s signature tax bill.

While initially it remained cordial, the president suggested his former backer and adviser missed being in government and suffered from “Trump derangement syndrome”, leading to a sudden and dramatic deterioration in relations between the pair.

They have two of the largest platforms in the world, and last night, they turned them on each other. While much of Europe slept through it, here is every insult and barb as it happened… so far.

6.39pm: ‘Big ugly spending bill’

Musk tells Trump his “big ugly spending bill” will make the economic situation worse.

Five minutes later he retweets a video in which he says the bill will increase the US’s deficit to $2.5 trillion (£1.85 trn).

AT 6.48pm he shares a post about the bill’s popularity, simply saying: “Kill bill”.

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‘Wheels come off’ Musk-Trump relationship

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6.49pm: Trump’s ‘body double’

Earlier in the evening, Musk reshares a series of posts (dating back to 2012) from Trump’s X account, including ones saying deficits should not be allowed.

He then reshares a post of someone praising him, adding: “Where is the man who wrote these words? Was he replaced by a body double!?”

He then retweets a meme, making light of Trump’s plan, which links to a poll he had run the previous day.

7.23pm: Back to the bill

Musk starts tweeting about the “big ugly spending bill” again, saying members of Congress didn’t even have time to read it before it was passed.

He continues to tweet about this for most of the night, including accusing the government of “spending America into bankruptcy”.

7.30pm: Who is right?

Musk retweets a poll that shows 76% of 1.5 million voters think he is right in his spat with the president.

7.37pm: Elon was ‘wearing thin’

Trump shares a post on his Truth Social site that accuses Musk of going “crazy” after the president took away his EV mandate.

Trump says he asked Musk to leave his position within the White House
Image:
Trump says he asked Musk to leave his position within the White House. Pic: TruthSocial

Musk responds by sharing a number of former interviews, including a video from 2021 where he says the industry does not need EV tax credits.

Trump then shares a post in which he writes the “easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts”.

8.10pm: The Epstein ‘bomb’

Arguably the largest moment in their fight – Musk accuses Trump of being in the Epstein files.

He gives no evidence for the claim. White House press secretary Karoline Leavitt dismisses the comment.

9.06pm: Musk ‘turning against me’

Trump says he doesn’t mind Musk turning against him, but adds that “he should have done so months ago”.

He then goes on to voice continued support for his bill, calling it “one of the greatest bills ever presented to Congress”.

Read more:
The big beautiful bust up that everyone knew was coming

In a post shared on his Truth Social account, the President says he doesn't mind Elon Musk 'turning against' him
Image:
In a post shared on his Truth Social account, the US president says he doesn’t mind Musk ‘turning against’ him. Pic: TruthSocial

9.09pm: Decommissioning Dragon

Following Trump’s statement about terminating his contracts, Musk tweets: “In light of the President’s statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately.”

Dragon is the only US spacecraft available to deliver crew to and from the International Space Station.

Two minutes later he retweets a post calling on Trump to be impeached, adding simply: “Yes.”

Elon Musk, left, and Republican presidential nominee former President Donald Trump attend a campaign event at the Butler Farm Show,
Image:
Musk and Trump in happier times, on the campaign trail in 2024. Pic: AP

9.29pm: Trump’s tariffs

Musk hits out at Trump’s tariffs, resharing a tweet from someone who called them “stupid”.

“The Trump tariffs will cause a recession in the second half of this year,” he adds.

For the rest of the evening, Musk reshares posts from other users, often adding a laughing face emoji, or the occasional comment, including the words: “If America goes broke, nothing else matters.”

2.20am: Musk says he won’t decommission spacecraft

Just after 2am, an account with a few hundred followers tweets Musk: “This is a shame this back and forth. You are both better than this. Cool off and take a step back for a couple days.”

In response, Musk agrees he won’t decommission the Dragon spacecraft.

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