I thought about this….
The Musk US Government Gravy Train could just run out…..
President Trump on Thursday floated canceling government contracts with Elon Musk’s companies amid a feud that has exploded into full public view.
Trump, in a Truth Social post, said the tech billionaire had been “wearing thin” and that the president had asked Musk to leave the administration. In taking away electric vehicle provisions that benefited the Tesla CEO’s company, Trump said Musk “just went crazy.”
“I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!” Trump posted, referencing the repeal of a tax credit for electric vehicles that is part of a major reconciliation package.
In a subsequent post, Trump threatened to cancel government contracts with Musk’s companies that number in the billions or dollars.
“The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!” Trump said.
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 and a sign that the falling-out between Trump and Musk is only escalating…..
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