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  • btc = $106 126.00 - 987.37 (-0.92 %)

  • eth = $2 561.22 -66.57 (-2.53 %)

  • ton = $2.97 -0.04 (-1.21 %)

15 Jun, 2025
1 min time to read

As tensions escalate between Donald Trump and Elon Musk, the White House is reportedly launching a review of SpaceX’s multibillion-dollar federal contracts, according to Reuters.

Following their recent public clash, the Biden administration has instructed the Department of Defense and NASA to collect detailed information on contracts awarded to SpaceX, some valued at over $22 billion

  • At least four sources familiar with the directive confirmed the White House’s involvement.
  • The Trump administration reportedly ordered a "thorough review" of Musk’s deals.
  • The move is said to be part of contingency planning in case Trump decides to take action against the billionaire and his businesses.

It’s unclear whether any specific contracts will be canceled. However, the Pentagon is also said to be reconsidering SpaceX’s role in the U.S.'s next-generation missile defense system.

The public fallout between Musk and Trump has become one of the most talked-about political dramas of the month. How their relationship evolved, what led to the fallout, and what happens next — read the full story at the link:

Why Elon Musk Fell Out with Donald Trump
Elon Musk and Donald Trump have fallen out — and the stakes are billions in contracts.