Elon Musk, Donald Trump
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The fallout between the president and the rocket maker’s billionaire founder threatened the company’s multibillion-dollar agreements with the government.
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 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,
President Donald Trump’s administration may be expanding its options for key Golden Dome components to contractors beyond Elon Musk’s SpaceX,
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.
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.