Attacks Boeing over Air Force One costs, temporarily tanking stock
Shortly after the Chicago Tribune published comments from Boeing’s CEO critical of Trump’s trade policies, Trump tweeted that costs for the new Air Force One were “out of control” and called to “Cancel order!” The tweet caused Boeing’s stock to drop nearly 1% in pre-market trading, wiping out roughly $1 billion in value before recovering, illustrating his willingness to use the presidential bully pulpit to punish corporate critics.
"Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!" — Twitter post