Close Menu
Technology Mag

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot
    ISS astronauts are in the middle of a tech overhaul

    ISS astronauts are in the middle of a tech overhaul

    April 21, 2026
    Tim Cook was an innovator — just not the Jobs kind

    Tim Cook was an innovator — just not the Jobs kind

    April 21, 2026
    X makes it 1,900 percent more expensive to post links

    X makes it 1,900 percent more expensive to post links

    April 21, 2026
    Facebook X (Twitter) Instagram
    Subscribe
    Technology Mag
    Facebook X (Twitter) Instagram YouTube
    • Home
    • News
    • Business
    • Games
    • Gear
    • Reviews
    • Science
    • Security
    • Trending
    • Press Release
    Technology Mag
    Home » Elon Musk’s Fight With Trump Threatens $48 Billion in Government Contracts
    Business

    Elon Musk’s Fight With Trump Threatens $48 Billion in Government Contracts

    News RoomBy News RoomJune 9, 20253 Mins Read
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email
    Elon Musk’s Fight With Trump Threatens  Billion in Government Contracts

    The data show the US is also on the hook for about $14 billion for SpaceX’s Starlink internet service at numerous offices, such as a Department of Interior facility in Nevada.

    The data could be outdated or include errors, but many of the listed figures line up with press releases from agencies such as the US Space Force. Some of the funding is subject to congressional approval, and a portion could end up going to SpaceX’s rivals.

    But SpaceX’s competitors have faced numerous technical setbacks, and Musk’s company remains the dominant market leader. The billionaire said this week that SpaceX would earn about $15.5 billion in revenue this year, nearly double estimates from two years ago. SpaceX has accounted for 134 of the 166 orbital launches in the US so far this year, according to tracking by Jonathan McDowell, an astrophysicist at the Harvard-Smithsonian Center for Astrophysics.

    WIRED didn’t review detailed contracts or search for deals the government may have struck with Musk’s companies through intermediaries. For instance, some government agencies may be buying ads on Musk’s X social media platform through advertising agencies.

    The government’s vehicle fleet includes Tesla electric vehicles, according to documents online, and the General Services Administration recently paid the company for maintenance.

    But the GSA’s annual Federal Fleet Report doesn’t break down the number of vehicles by manufacturer or offer details on future spending. The report lists 7,706 battery-electric vehicles in the government fleet. Earlier this year, the Trump administration paused orders for new zero-emission vehicles, dealing a blow to companies such as Tesla.

    DOGE Pinching

    Musk’s companies have benefited from government support for years. In February, an analysis by The Washington Post found Musk businesses had received at least $38 billion since 2003 in government contracts, loans, subsidies and tax credits across the US, including at the state and local levels. A New York Times analysis from October identified at least $15.4 billion in federal government contracts over the past decade for Tesla and SpaceX.

    But Musk himself has tried to take a chain saw to federal spending through his work leading the Trump administration’s Department of Government Efficiency, which claims to have saved $180 billion since January, including by canceling contracts, though that figure remains highly disputed.

    Some of DOGE’s efforts were temporarily blocked by the federal courts and also drew protests from federal labor unions, public activists, Congress, states, and even Trump’s own aides and cabinet secretaries. Last month, Musk said he was stepping away from DOGE work to focus on his companies.

    Trump’s cost-cutting initiatives haven’t stopped, though. Hiring freezes remain in effect, and the importance of stretching each dollar further is being emphasized more than ever at many federal agencies, according to representatives at two companies with major government contracts. They declined to be named out of fear of retribution from Trump.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous ArticleApple launches iPadOS 26
    Next Article Apple’s Spotlight upgrades look like a power-user dream

    Related Posts

    What Happens When Your Coworkers Are AI Agents

    What Happens When Your Coworkers Are AI Agents

    December 9, 2025
    San Francisco Mayor Daniel Lurie: ‘We Are a City on the Rise’

    San Francisco Mayor Daniel Lurie: ‘We Are a City on the Rise’

    December 9, 2025
    An AI Dark Horse Is Rewriting the Rules of Game Design

    An AI Dark Horse Is Rewriting the Rules of Game Design

    December 9, 2025
    Watch the Highlights From WIRED’s Big Interview Event Right Here

    Watch the Highlights From WIRED’s Big Interview Event Right Here

    December 9, 2025
    Amazon Has New Frontier AI Models—and a Way for Customers to Build Their Own

    Amazon Has New Frontier AI Models—and a Way for Customers to Build Their Own

    December 4, 2025
    AWS CEO Matt Garman Wants to Reassert Amazon’s Cloud Dominance in the AI Era

    AWS CEO Matt Garman Wants to Reassert Amazon’s Cloud Dominance in the AI Era

    December 4, 2025
    Our Picks
    Tim Cook was an innovator — just not the Jobs kind

    Tim Cook was an innovator — just not the Jobs kind

    April 21, 2026
    X makes it 1,900 percent more expensive to post links

    X makes it 1,900 percent more expensive to post links

    April 21, 2026
    Oppo’s new phone has one camera too many

    Oppo’s new phone has one camera too many

    April 21, 2026
    Celebrities will be able to find and request removal of AI deepfakes on YouTube

    Celebrities will be able to find and request removal of AI deepfakes on YouTube

    April 21, 2026
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Ordering with the Starbucks ChatGPT app was a true coffee nightmare News

    Ordering with the Starbucks ChatGPT app was a true coffee nightmare

    By News RoomApril 21, 2026

    Venti iced coffee, light skim milk. That’s what I get at Starbucks. It is what…

    New leaks reveal pricing and performance specs for DJI’s next beginner drones

    New leaks reveal pricing and performance specs for DJI’s next beginner drones

    April 21, 2026
    Apple TV has another busy summer of sci-fi with Silo season 3 in July

    Apple TV has another busy summer of sci-fi with Silo season 3 in July

    April 21, 2026
    Apple Sports now lets you follow scores in a CarPlay widget

    Apple Sports now lets you follow scores in a CarPlay widget

    April 21, 2026
    Facebook X (Twitter) Instagram Pinterest
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2026 Technology Mag. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.