Trump Seeks to Partner with SpaceX for "Cutting Off" Business, Deems it Integral Upon Review

By: theblockbeats.news|2025/07/20 10:22:12

BlockBeats News, July 20th, according to The Wall Street Journal, sources said that just days after Trump raised the possibility in early June of cutting ties with Musk's companies, the government began reviewing SpaceX's contracts with the federal government. However, officials believed that most contracts could not be canceled because they are crucial to the Department of Defense and NASA.

After Musk escalated personal attacks on Trump on June 5th, Trump claimed that the simplest way to save federal funds was to "terminate" Musk's company contracts. A few days later, a senior official at the U.S. General Services Administration requested the Department of Defense, NASA, and other federal agencies to fill out an electronic form listing all current contracts and other transaction agreements with SpaceX. After reviewing this data, White House and agency officials, including the Pentagon, concluded that most contracts are crucial to the Department of Defense and NASA. Sources said that some of SpaceX's contracts may continue to be reviewed.

The combination of AI and crypto is still in its early stages, with both serving as complementary "middleware": AI translates human intentions into executable programs, while cryptographic technology provides verifiable and tamper-proof guarantees for computational processes and results. In the dire...

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Meet the new WEEX trial fund—your gateway to greater profits

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WEEX Labs Lands at Dutch Blockchain Week: A Disruptive Crypto × AI Conversation Sets Sail in Amsterdam

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SK Hynix Reportedly Plans U.S. ADR Listing as Early as August, With SEC Approval Possible in Late June

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