Dispute Over ‘Big Beautiful Bill’ Sparks Heated Exchange A fresh war of words has erupted between US President Donald Trump and billionaire entrepreneur Elon Musk, the owner of Tesla and SpaceX. The controversy began when Trump posted a statement accusing Musk’s companies of benefiting from “big subsidies” and lucrative government contracts provided by the US

The fallout between the president and the rocket maker’s billionaire founder threatened the company’s multibillion-dollar agreements with the government.

The White House considered axing federal contracts for Elon Musk’s SpaceX after the billionaire’s dispute with US President Donald Trump, but found most were too important to cut. Administration officials concluded the contracts were essential for the Department of Defense and NASA,

White House press secretary Karoline Leavitt said Wednesday she does not think President Trump supports federal agencies contracting with Elon Musk’s artificial intelligence (AI) company. “I

In the days following Donald Trump’s early June threats to sever ties with Elon Musk’s companies, the president’s administration launched a behind-the-scenes assessment of SpaceX’s (SPACE) federal contracts,

The White House Press Secretary told reporters that she "doesn't think" Trump wants federal agencies to have contracts with Musk's AI company.

Now that SpaceX CEO Elon Musk and president Donald Trump are no longer seeing eye to eye, the White House is struggling to undercut the richest man in the world's influence in Washington, DC. As the Wall Street Journal reports,

SpaceX rival Rocket Lab USA (RKLB) stock is expected to garner attention on Monday after a report said that the Trump administration reviewed all federal contracts of the Elon Musk-led company to identify potential waste in the multi-billion-dollar agreements.

The Trump administration has launched a formal review of SpaceX's federal contracts after Elon Musk publicly criticised the US president's economic policies. While the review aimed to uncover potential waste,