Elon Musk hits back at Trump
Digest more
The fallout between the president and the rocket maker’s billionaire founder threatened the company’s multibillion-dollar agreements with the government.
The White House considered axing federal contracts for Elon Musk’s SpaceX after the billionaire’s dispute with US President Donald Trump, but found most were too important to cut.
In the days following Donald Trump’s early June threats to sever ties with Elon Musk’s companies, the president’s administration launched a behind-the-scenes assessment of SpaceX’s (SPACE) federal contracts,
Following the fallout between Elon Musk and US President Donald Trump, the administration explored the possibility of cutting contracts awarded to Elon Musk’s SpaceX, but concluded that it was not possible as SpaceX was involved in critical work for the Department of Defense and Nasa and there were few to no alternatives,
Breaking up with Elon Musk is easier said than done for the US government. The Trump administration has begun reviewing SpaceX’s multibillion-dollar federal contracts to identify potential waste, following President Trump’s suggestion in early June that the government might sever ties with Musk’s businesses, sources told the Wall Street Journal.
MusMusk saw his relationship with the US President deteriorate after publicly criticising his signature tax and spending legislation
Reuters reports that the Trump administration is actively seeking to reduce the United States government’s reliance on SpaceX. New partners are being sought to help construct the ‘Golden Dome’ missile defense system. SpaceX is already a major player in US military contracts, with Starlink and Starshield satellites around the world.
6d
Mediaite on MSNTrump Aides Looked Into Killing Contracts With Elon Musk’s SpaceX After Trump-Musk Feud: ReportTrump's aides actively considered ending government contracts with Elon Musk's SpaceX in June — amid the president's feud with his former DOGE chief.
The Trump administration is expanding its search for partners to build the Golden Dome missile defense system, courting Amazon.com's Project Kuiper and big defense contractors as tensions with Elon Musk threaten SpaceX's dominance in the program,
The Trump administration quietly launched a federal review of SpaceX contracts after President Donald Trump publicly suggested severing ties with Elon Musks businesses, according to The Wall Street Journal.
Musk insisted that his companies are not receiving any special government subsidies, as he appeared to dismiss the chance for a potential detente in his feud with Trump.