Trump Threatens Musk's Contracts
This is a US news story, published by Wired, that relates primarily to Musk news.
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•US Politics
US Politics
Elon Musk’s Fight With Trump Threatens $48 Billion in Government Contracts
74% Informative
President Donald Trump has threatened to terminate Elon Musk's companies' contracts with the US government.
The government's outstanding contracts with SpaceX and Tesla amount to about 2 percent of the projected deficit from the new spending bill.
Musk has warned that the government's ballooning debt will push the country into “de facto bankruptcy”.
Tesla and SpaceX have had at least $15.4 billion in federal government contracts over the past decade .
Musk is leading the Department of Government Efficiency , which claims to have saved $180 billion since January .
Last month , Musk said he was stepping away from DOGE work to focus on his companies.
VR Score
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English
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