Following a conflict with entrepreneur Elon Musk, US President Donald Trump said that the US authorities will evaluate government contracts with companies owned by the businessman. “We will look at everything... We are talking about large subsidies,” he said, responding to a question from White House reporters about his willingness to cancel these contracts.

Earlier, The New York Times reported that in 2024, Musk's companies received about $3 billion under 100 contracts with 17 government agencies. On June 5, Trump and Musk exchanged sharp statements on social media. The businessman said that without his support, Trump would not have won the November 2024 election, approved the idea of Trump's impeachment, criticized the bill initiated by the White House to reduce government spending and the import tariffs imposed by the president, and predicted a recession for the US economy in the second half of 2025.

Trump, for his part, said that Musk had ceased to perform his duties conscientiously when he headed the Department of Government Efficiency (DOGE) and had gone mad. The head of state threatened to terminate government contracts with Musk's companies, including SpaceX, and to cancel all subsidies. | BGNES