Elon Musk’s role at the heart of the US government has been decried for its potential to benefit the world’s richest man while harming his competitors.
Musk’s six businesses already profit from about $20bn in government contracts — which the billionaire insisted this week were all won on merit and have provided value for money — and several subsidies.
But Musk, who donated more than $250mn to Donald Trump’s 2024 re-election campaign, is now spearheading a cost-cutting drive across government departments, including those that probed or fined his companies Tesla and SpaceX.
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