Trump suggests terminating Musk's US government contracts, subsidies
Tweet
Share
E-mail
FILE PHOTO: U.S. President Donald Trump and Elon Musk attend a press conference in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. REUTERS/Nathan Howard/File Photo
WASHINGTON (Reuters) -U.S. President Donald Trump suggested on Thursday that he may terminate U.S. government contracts and subsidies given to Elon Musk's companies, as the public feud between the two men escalates over a tax and spending bill.
"The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts," Trump said in a Truth Social post.
(Reporting by Doina Chiacu and Bhargav Acharya; editing by Rami Ayyub)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- SpaceX Shares Indicated To Open At $155
- SpaceX: New Street Research sees 22% upside from proposed IPO price
- Macquarie sees diverging EV trends in US, Europe and China
Create E-mail Alert Related Categories
General News, Reuters, Trader TalkRelated Entities
Donald J. TrumpSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
