Jay-Z is facing a major financial loss after backing out of a $200 million contract with a major label. According to inside sources, the decision came immediately after the rapper publicly confronted Elon Musk about the Beyoncé scandal at the 2025 Grammy Awards.

The controversial event began when Beyoncé failed to win an important Grammy, which sparked a wave of criticism from her fans and many representatives of the music industry. Jay-Z, husband and one of the most influential figures in the entertainment industry, has spoken out strongly in his desire to protect his wife. In a public speech, he criticized the organization of the Grammys and spoke of bias in the awards ceremony.

The conflicts escalated when Elon Musk, famous billionaire and one of the most powerful figures on social networks, joined the debate. Musk took the opposite view, implicitly criticizing Jay-Z and questioning the fairness of the rapper’s statements. The confrontation between the two men quickly spread across all media platforms and millions of subscribers discussed the issue.

Days later, one of Jay-Z’s biggest business deals was canceled. Although the brand in question did not give an official reason, many experts say that this decision could be due to the pressure and influence of the business relationship with Musk. The loss of contracts worth $200 million not only leads to financial losses, but can also affect the future of future contracts of the South Korean rapper.

Fans of Jay-Z and Beyoncé were outraged by the situation and said it was an unfair punishment. Elon Musk himself has not yet commented on the consequences of this confrontation. The incident continues to attract a lot of public attention and is likely to lead to many more events in the near future.