The Trump administration is reviewing Musk's company contract
2025-07-20 19:31:30
According to US media reports on the 20th, after the relationship between US President Trump and billionaire Musk broke down, the Trump administration has begun to review the contracts between Musk's Space Exploration Technology Company (SpaceX) and multiple federal government entities. The Wall Street Journal reported that the US General Services Administration asked the Department of Defense, NASA and other government entities to fill out forms to report their cooperation with SpaceX, and to find out whether competitors in the same industry can do the same work more efficiently. Preliminary assessments show that most government contracts are difficult to cancel due to SpaceX's dominance in rocket launches and low-orbit satellite services. Earlier, Mr. Trump said on social media that the easiest way to save money on federal spending was to "terminate" government contracts with Mr. Musk's companies. Mr. Musk was a full supporter of Mr. Trump in the 2024 US presidential election, but the two sides have recently had serious disagreements over issues such as the "big and beautiful" tax and spending bill.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
美媒：特朗普政府审查马斯克公司合同Next article：
特朗普：祝贺房利美和房地美主席、FHFA署长所做的杰出工作
