8.1 C
New York
Saturday, March 15, 2025

As Musk works to slash federal spending, his own firms have received billions in government contracts

As Musk works to slash federal spending, his own firms have received billions in government contracts

NASA is the single largest customer of Musk’s company SpaceX.

By Soo Rin Kim, ABC News

As billionaire businessman Elon Musk has been leading an unprecedented effort to slash government spending, his own companies have, over the last several years, received an increasing amount of funding through government contracts, according to federal spending data.

Over the last decade, Musk’s companies SpaceX and Tesla were awarded at least $18 billion in federal contracts, according to spending data — with SpaceX winning more than $17 billion worth of contracts since 2015.

More here >

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,018FansLike
396,312FollowersFollow
2,350SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x