See the Complete Picture.
Published loading...Updated

Democrats bank on Musk as midterm election liability

  • On May 12, 2025, reports revealed that Elon Musk's companies SpaceX and xAI received 270 million euros in EU contracts and grants since 2017, primarily in space and AI sectors.
  • The funding followed delays in Europe’s Ariane 6 rocket commissioning and complaints from competitors, prompting an internal EU audit amid political controversy over Musk’s influence.
  • SpaceX provided launch services for satellites supporting the Galileo and Copernicus initiatives using its Falcon 9 rockets, while xAI received funding to develop artificial intelligence technologies aimed at environmental analysis and enhancing digital security in line with EU objectives.
  • The audit did not identify any direct violations but pointed out that certain contracts were awarded without sufficient competitive tendering, prompting EU officials to commit to reviewing procurement procedures amid concerns about transparency.
  • Critics, including European lawmakers, argue the EU’s dependence on Musk’s firms risks undermining strategic autonomy and strains EU-US tech relations amid Musk’s political controversies.
Insights by Ground AI
Does this summary seem wrong?

45 Articles

All
Left
4
Center
8
Right
3
TVA NouvellesTVA Nouvelles
Reposted by
Le Journal de QuebecLe Journal de Quebec
Lean Left

Hundreds of millions of euros paid to Musk by Europe

Hundreds of millions of euros paid to Musk by Europe

·Montreal, Canada
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 53% of the sources are Center
53% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Die Presse broke the news in Vienna, Austria on Tuesday, May 13, 2025.
Sources are mostly out of (0)