SpaceX holds billions of dollars in NASA contracts, Tesla benefits from tax incentives and the Boring Company and Neuralink all intersect with the federal government
WASHINGTON — In picking billionaire Elon Musk to be “our cost cutter” for the U.S. government, President-elect Donald Trump won’t be the first American president to empower a business tycoon to look for ways to dramatically cut federal regulations.
President Ronald Reagan tapped J. Peter Grace to lead a bureaucratic cost-cutting commission in 1982. Still, the chemical business magnate had fewer conflicts of interest than the world’s richest man does today.
Musk’s SpaceX holds billions of dollars in NASA contracts.
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