The New York Times reports:
Mr. Musk’s rocket company, SpaceX, effectively dictates NASA’s rocket launch schedule. The Defense Department relies on him to get most of its satellites to orbit. His companies were promised $3 billion across nearly 100 different contracts last year with 17 federal agencies. His entanglements with federal regulators are also numerous and adversarial. His companies have been targeted in at least 20 recent investigations or reviews, including over the safety of his Tesla cars and the environmental damage caused by his rockets.
he has thrown his fortune and power behind former President Donald J. Trump and, in return, Mr. Trump has vowed to make Mr. Musk head of a new “government efficiency commission” with the power to recommend wide-ranging cuts at federal agencies and changes to federal rules. That would essentially give the world’s richest man and a major government contractor the power to regulate the regulators who hold sway over his companies, amounting to a potentially enormous conflict of interest.
Read the full article. Gift link below.
Musk is simultaneously in fights with the FAA, DOJ, FCC, FTC, Interior, EEOC, NLRB, EPA, etc. Now Musk has nudged Trump to put him in charge of an effort to curb government rules. Why is Musk working so hard to get Trump elected? A look at this conflict https://t.co/Dg6A8E3Jpd
— Eric Lipton (@EricLiptonNYT) October 20, 2024
This article is fascinating. Of course we all knew there was a reason @elonmusk is throwing such vociferous support behind Trump.
If Trump wins, Elon and his companies will essentially become unregulated and he will have an amount of power and American business man has never… pic.twitter.com/uxytxqmCTX
— Maile (@MaileOnX) October 21, 2024