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What does Elon Musk’s beef with Trump mean for SpaceX and its government contracts?

DeFi Daily News by DeFi Daily News
June 6, 2025
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What does Elon Musk’s beef with Trump mean for SpaceX and its government contracts?
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SpaceX founder Elon Musk threatened to decommission its Dragon spacecraft amid his feud with President Trump; the billionaire has since walked back this threat.

What could the Tesla CEO’s very public fallout with the president mean for his other businesses, namely SpaceX?

ProcureAM Co-founder and CEO Andrew Chanin — whose firm manages the Procure Space ETF (UFO) — comments on SpaceX’s current government contracts and NASA’s reliance on the space developer’s resources and rocket launches.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here: https://finance.yahoo.com/videos/series/catalysts/

#youtube #stocks #investing #yahoofinance #news #finance #stockmarket #trump #elonmusk #elon #musk #tesla #spacex #nasa

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Tags: BeefBondsbusinesscontractsCurrenciesElonEquitiesFXGovernmentInvestingInvestmentMarketMarketsMoneyMusksNewsNYSEPersonal FinancePoliticsSavingsspacexStock marketstocksTrumpYahoo FinanceYahoo FInance Premium
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