SpaceX Is Big Winner In Trump’s Budget
7 Articles
7 Articles
Elon Musk Is Getting Huge New Government Deals While Everything Else Is Getting Slashed
President Donald Trump announced his proposed budget today, calling for roughly $163 billion in cuts to non-defense-related funds. Among the cuts, which would kick in for the year starting in October if approved by Congress, are major health cutbacks, slashing the Centers for Disease Control Centers' budget in more than half, "streamlining" financial assistance to high-poverty schools, and cuts to federal safety net programs. Instead of touching…
SpaceX Is Big Winner In Trump’s Budget
New York Times: “Pentagon officials say SpaceX is considered likely to be the top recipient of this burst of new spending, which could generate billions of dollars in new contracts for the company.” “That is because SpaceX manufactures both rockets that can launch military payloads into orbit and satellite systems that can deliver the surveillance and targeting tools needed for the project, which would require the largest military investments th…
Trump’s 2026 budget raises questions over favoritism toward Elon Musk
According to an analysis published by The New York Times, US President Donald Trump’s budget proposal for fiscal year 2026 is heavily biased in favor of Elon Musk’s SpaceX. The plan calls for a significant redirection of funds within NASA and the Pentagon toward projects that could benefit SpaceX enormously, provided that Congress approves such a budget. On the other hand, while NASA’s overall budget faces cuts, the proposed increases within the…
Elon Musk’s SpaceX Could Make Billions If Trump’s Budget Proposal Is Approved
Elon Musk and SpaceX are big winners in Donald J. Trump’s 2026 spending plan. President Trump is delivering on Mr. Musk’s wish list at both NASA and the Pentagon to reorient federal spending on space in a way likely to drive billions of dollars in new business to Mr. Musk’s space technology company, if Congress signs off on the budget plan. At the Pentagon, Mr. Trump is calling for a massive jump in spending, an extraordinary 13 percent increase…
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