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US President, Donald Trump has threatened to cancel government contracts with Elon Musk’s companies as they continue to feud over a major tax bill.
Trump, in a Truth Social post, wrote: "The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts."
President Trump threatens to cut billions of dollars in federal funding for Elon Musk
Musk’s company SpaceX has billions of dollars worth of contracts with the federal government, mostly with the Pentagon and NASA. He has other business interests with the government, particularly involving SpaceX’s Starlink satellite service.
The threat to cancel government contracts could be particularly damaging for Musk as their feud continues to escalate
Trump, in a Truth Social post, wrote: "The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts."
President Trump threatens to cut billions of dollars in federal funding for Elon Musk
Musk’s company SpaceX has billions of dollars worth of contracts with the federal government, mostly with the Pentagon and NASA. He has other business interests with the government, particularly involving SpaceX’s Starlink satellite service.
The threat to cancel government contracts could be particularly damaging for Musk as their feud continues to escalate