The Trump administration quietly launched a federal review of SpaceX contracts after President Donald Trump publicly suggested severing ties with Elon Musk’s businesses, according to The Wall Street Journal. The review, led by the General Services Administration (GSA), focused on identifying potential waste in SpaceX’s multi-billion-dollar agreements with U.S. government agencies.
Initiated in early June, the GSA requested “scorecards” from agencies such as the Defense Department and NASA, listing contract values and possible alternative providers. The move followed Trump’s posts on Truth Social criticizing Musk and calling for a termination of federal contracts with his companies. Musk, CEO of Tesla and SpaceX, had previously criticized Trump’s tax-and-spending policies, despite having once served as an informal adviser.
Despite the political tension, the White House and Pentagon concluded that most of SpaceX’s deals were essential to national security and space exploration. The review confirmed the company’s critical role in satellite deployment and rocket launches, highlighting its unique capabilities in the defense and aerospace sectors.
SpaceX continues to secure high-value government contracts, including a $5.9 billion Pentagon award in April and multiple NASA mission assignments. The review underscored both the political sensitivity and strategic indispensability of Musk’s space firm in U.S. federal operations.


Morgan Stanley Limits Withdrawals at Private Credit Fund Amid Market Turmoil
US Approves $151.8M Bomb Sale to Israel Without Congressional Review Amid Iran Conflict
U.S. Senate Greenlights AI Chatbots for Official Staff Use
Iran's Government Remains Stable Despite U.S. and Israeli Strikes, Intelligence Shows
Russian Drone Strikes Hit Kharkiv and Dnipro, Injuring Over 20 Civilians
Indonesia Issues Stern Warning to Meta Over Online Gambling and Disinformation
Trump Administration Launches Trade Investigations Against 16 Countries Over Industrial Overcapacity
BMW Warns of Further Earnings Decline in 2026 Amid Global Trade Pressures
Trump Announces New U.S. Oil Refinery in Texas with Indian Energy Giant Reliance
U.S. Begins Charter Evacuations as Iran Conflict Disrupts Middle East Air Travel
FDA Warns Novo Nordisk Over Misleading Ozempic Ad Claims
Trump Hints at Possible U.S. Takeover of Cuba Amid Deepening Humanitarian Crisis
UK Regulators Demand Social Media Platforms Strengthen Children's Age Verification
Trump Administration Spent $5.6 Billion in Munitions in Opening Days of Iran Strikes
Estée Lauder Sues Jo Malone Over Trademark Dispute Involving Zara
Big Tech Signs White House Pledge to Fund Power for AI Data Centers
Nintendo Stock Surges 10% as Pokémon Pokopia Breaks Sales Records 



