How Trump’s White House could potentially use Elon Musk’s businesses

Elon Musk has already agreed to work with President-elect Donald Trump’s incoming administration to lead a commission aimed at government efficiency, but there are possibilities that the world’s richest man’s business empire could also be tapped by the leader of the free world.

Tesla’s CEO saw his net worth jump billions of dollars higher this week after the electric car giant’s stock surged following Trump’s victory, and Musk’s other companies could also see ill health from his relationship with the Trump White House.

Elon Musk, CEO of Tesla Inc., and former U.S. President Donald Trump, left, ahead of a campaign event at the Butler Farm Show in Butler, Pennsylvania, U.S., Saturday, Oct. 5, 2024. (Justin Merriman/Bloomberg via Getty Images/Getty Images)

Here is a list of potential options:

SpaceX

Boeing’s Starliner spacecraft atop a United Launch Alliance Atlas V rocket lifts off from Space Launch Complex 41 during NASA’s Boeing Crew Flight Test on June 5, 2024, in Cape Canaveral, Florida. (Joe Raedle/Getty Images/Getty Images)

Over the past decade, Musk’s aerospace company has secured more than $15 billion in government contracts, according to New York Timesand the potential for increased federal deals looks bright.

SpaceX was called in to rescue the American astronauts stranded by longtime NASA contractor Boeing over the summer, and Trump made a point on the campaign trail to express how impressed he was when SpaceX was able to capture its massive Starship rocket with mechanical arms called “chopsticks” as it fell back to the launch pad last month.

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Trump also told FOX News that Musk has promised him that SpaceX will send a rocket to Mars by the end of his second term.

Starlink

SpaceX’s satellite division, Starlink, has long been an important partner for the United States in launching military satellites, but Trump’s return to the White House could result in additional contracts for the provision of internet services in rural areas.

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The Biden administration’s Democrat-controlled Federal Communications Commission (FCC) revoked in 2022 an $800 million grant awarded to Musk’s Starlink under the first Trump administration to provide rural internet, while Trump has touted the satellite service and even referenced it during his victory speech early Wednesday. morning.

Tesla

A Tesla Cybertruck in East Village, Manhattan on Saturday, July 6, 2024. (Julia Bonavita/Fox News Digital/Fox News)

According to The Times, Tesla has only received about $352,000 in government contracts over the past ten years, but TMZ suggested another opportunity for the power producer to help the Trump administration.

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The outlet wrote this week that Tesla’s Cybertruck is “ready-made” for a president, arguing: “Listen, but does a Cybertruck presidential motorcade seem out of the question for 47? Elon offers it with bulletproof armored glass, and, of course, the Secret Service would make its own aftermarket bells and whistles.”

The Boring Company, X, xAI, Neuralink

Musk’s tunnel operation, social media platform, artificial intelligence startup and fire-computer interface company — along with his other companies — could all benefit from Trump’s plans for deregulation.