Trump, Elon Musk and SpaceX
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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.
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.
President Trump's administration reviewed contracts held by SpaceX with the federal government and found that the majority of these contracts are indispensable to the Defense Department and NASA.
President Donald Trump’s administration may be expanding its options for key Golden Dome components to contractors beyond Elon Musk’s SpaceX,
The Trump administration reviewed SpaceX's government contracts following a conflict between Trump and Elon Musk. Officials concluded that most of these contracts are vital to the Department of Defense and NASA.
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,
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. Administration officials concluded the contracts were essential for the Department of Defense and NASA,
SpaceX has warned investors about the risk to the company from its own CEO. In documents attached to a tender offer to investors, SpaceX said there were “risk factors” associated with CEO Elon Musk’s potential return to politics,