‘I’m Just Hearing About It’: Trump Grilled on Elon Musk’s ‘Billions of Dollars in Contracts’ With Agencies He’s Regulating
Story by Kipp Jones
President Donald Trump said he was unaware of any “conflicts of interest” between Elon Musk’s business interests and the government agencies he’s regulating during a Tuesday press conference.
Musk, whose companies SpaceX and Tesla have secured billions in federal government contracts throughout the last decade, is slashing jobs and funding at agencies across the board.
Jonathan Swan with The New York Times asked Trump about Musk’s DOGE now targeting the Federal Aviation Administration and Defense Department.
Swan said, “Mr. President, given your concerns about corruption, you said that if there were any conflicts of interest with Elon Musk, you wouldn’t let him anywhere near it.”
Trump responded, “That’s right.”
Swan followed up, “DOGE and SpaceX employees are now working directly at the Federal Aviation Administration and the Defense Department, agencies that have billions of dollars in contracts with Musk’s companies or that directly regulate his companies. How is that not a conflict?”
Trump replied:
Well, I mean, I’m just hearing about it. And if there is, and he told me before, I told him, but obviously I will not let there be any conflict of interest. He’s done an amazing job. They’ve revealed, in fact, he’s going to be on tonight a big show called Sean Hannity at 9:00. And he’s on, and I’m on. And we talk about a lot of different things. And any conflicts, I told you any conflicts, you can’t have anything to do with that. So anything to do with possibly even SpaceX. We won’t let Elon partake in that.
CNN reported SpaceX alone had signed contracts with the federal government worth roughly $20 billion before Trump tapped him to seek out waste and fraud at federal agencies.
Telsa received more than $1 billion in contracts from 2015 to 2025.
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