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  • 6/16/2025
The White House has reportedly launched a review of SpaceX’s $22 billion in contracts with NASA and the Defense Department, according to Reuters. The move raises questions about potential retaliation against Elon Musk following a public feud with President Donald Trump. The administration is considering limiting SpaceX’s role in a new missile defense system and has instructed agencies to collect data on existing deals. While tensions between Trump and Musk appear to have eased recently, officials say the contract review gives the White House leverage if relations sour again. Critics warn the move risks politicizing national security and taxpayer-funded programs. ARK Invest remains bullish, projecting that SpaceX could reach a $2.5 trillion valuation by 2030.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The White House has reportedly launched a review of SpaceX's $22 billion in contracts
00:07with NASA and the Defense Department, according to Reuters.
00:10The move raises questions about potential retaliation against Elon Musk following a public feud
00:14with President Donald Trump.
00:16The administration is considering limiting SpaceX's role in a new missile defense system
00:20and has instructed agencies to collect data on existing deals.
00:23While tensions between Trump and Musk appear to have eased recently,
00:26officials say the contract review gives the White House leverage if relations sour again.
00:30Critics were on the move risk politicizing national security and taxpayer-funded programs.
00:35ARK Invest remains bullish, projecting that SpaceX can reach a $2.5 trillion valuation by 2030.
00:41For all things money, visit Benzinga.com.

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