Alec Baldwin is facing major backlash after losing an $86 million sponsorship deal in the wake of controversial comments aimed at tech billionaire Elon Musk.

During an appearance on a podcast, Baldwin referred to Musk as a “damn idiot” and expressed frustration over the state of the country, saying, “I can’t live here for four years.”

His remarks quickly went viral, igniting heated debate across social media and drawing both criticism and support.

The fallout was swift. One of Baldwin’s most lucrative endorsement contracts, tied to a luxury lifestyle brand, was terminated just days after the interview aired.

According to sources close to the matter, the company cited a breach of professionalism and the potential for reputational damage as reasons for pulling the deal.

The $86 million loss represents a significant financial hit for the actor, whose career has been marked by both celebrated performances and frequent controversy.

Critics accused Baldwin of disrespecting not just Musk, but the many people who support the entrepreneur’s work in technology and space innovation.

Musk himself did not respond directly to the comments, but several prominent voices in the tech world defended him, calling Baldwin’s remarks “out of touch” and “uninformed.”

Supporters of Baldwin, meanwhile, argued that he was simply exercising his right to free speech and expressing frustration shared by many Americans.

The incident adds to Baldwin’s long history of provocative statements and public clashes, which have both fueled his celebrity and complicated his professional relationships.

As the story continues to unfold, it remains to be seen whether the actor will walk back his comments or stand firm in his stance.

Either way, the loss of the sponsorship underscores how costly words can be in a highly polarized cultural climate.