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US President Donald Trump suggested reviewing Elon Musk's government contracts, citing fairness and cost. This follows his threat to cut subsidies amid growing tensions over Musk's criticism of Biden's clean energy policies.
UPDATED: Jun 7, 2025 04:36 IST
US President Donald Trump on Friday suggested he would be open to reviewing the government contracts held by tech mogul Elon Musk, but emphasized that any such decision would be guided by fairness, to both the billionaire entrepreneur and the country.
“We’ll take a look at everything. It’s a lot of money. It’s a lot of subsidy. So we’ll take a look at that — only if it’s fair for him and for the country but it has to be fair,” Trump told reporters aboard Air Force One during a flight to New Jersey.
Musk’s companies are deeply embedded in several key government initiatives—ranging from NASA missions and defense projects to infrastructure and EV incentives. Any move to restrict or revoke those contracts would have broad implications.
Trump on Thursday threatened to slash government contracts and subsidies to Musk’s companies, escalating their increasingly personal feud.
“The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts,” Trump declared on Truth Social. “I was always surprised that Biden didn’t do it!”
The warning came just hours after Trump said he was “very disappointed” by Musk, who has openly attacked the president’s signature tax and spending bill, labelling it bloated and unfair to clean energy industries.
Published By:
Aashish Vashistha
Published On:
Jun 7, 2025
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