This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: ‘King Musk’ slammed for $2.4 billion sweetheart deal from Trump
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Politics > ‘King Musk’ slammed for $2.4 billion sweetheart deal from Trump
Politics

‘King Musk’ slammed for $2.4 billion sweetheart deal from Trump

Editorial Board Published February 27, 2025
Share
‘King Musk’ slammed for .4 billion sweetheart deal from Trump
SHARE

In line with a report from The Washington Publish, the Federal Aviation Administration is planning to dump a $2.4 billion contract with Verizon for a communications system key to the nationwide air visitors management system in alternate for a contract with Starlink, which is owned by Elon Musk.

The transfer comes as Musk and his so-called Division of Authorities Environment friendly have been empowered by President Donald Trump to assault federal infrastructure. The Publish famous that the anticipated contract change on the FAA “would be an especially extraordinary step for the typically cautious FAA, whose systems are vital to the safety of millions of air travelers every day.”

Democratic Rep. Jasmine Crockett of Texas, who has emerged as a number one congressional critic of Trump and Musk’s actions, slammed the pending settlement.

“Did y’all hear about Elon Musk new $2 BILLION FAA contract? Conflict of interest . . .👀,” she wrote on Bluesky. Crockett additionally famous continuous silence from Republican management within the Home and Senate, who’re tasked by the Structure with offering oversight of govt department actions.

“Instead of Republicans taking jobs and programs away, they need to be investigating this—but OH RIGHT—they report to King Musk.”

Trump signed an govt order on Wednesday to offer DOGE much more energy to intervene in authorities work, instructing businesses to work with DOGE officers to comb by means of contracts and grants.


Salvage crews work on Feb. 6 to recuperate wreckage close to the positioning of a mid-air collision between a passenger jet and a Black Hawk helicopter at Ronald Reagan Washington Nationwide Airport.

A staff of staffers from Musk’s firm SpaceX (which is the guardian firm to Starlink) had been just lately dispatched to the FAA on the behest of former “Real World” contestant turned Transportation Secretary Sean Duffy, including to the net of entangling connections involving billions of tax {dollars} and airline security. Duffy stated in a Feb. 16 launch the SpaceX staff can be touring to the FAA’s air visitors management middle in Washington, D.C.

Duffy didn’t disclose the potential monetary implications of SpaceX’s actions and the way it might result in a windfall for Musk, who’s the richest individual alive.

On the similar time, the Trump administration has laid off FAA staffers and put a cease to the company’s diversity-based recruitment efforts, regardless of an ongoing scarcity of air visitors controllers. Current airline incidents, together with the tragic crash close to Ronald Reagan Washington Nationwide Airport that Trump blamed on variety, have put a highlight on air security in current weeks.

Over time, Musk has taken in tens of billions in authorities welfare to prop up his corporations, and far of his fortune was primarily based on investments at taxpayer expense. Beneath the Trump administration, it seems that Musk will likely be given a free go to additional enrich himself.

Marketing campaign Motion

TAGGED:billiondealKingMuskslammedsweetheartTrump
Share This Article
Twitter Email Copy Link Print
Previous Article Rolex Explorer 16570 Overview: A Cave Dweller’s Finest Good friend (And Why That’s Really Genius) | Fashion Rolex Explorer 16570 Overview: A Cave Dweller’s Finest Good friend (And Why That’s Really Genius) | Fashion
Next Article Eli Lilly investing B extra in US manufacturing Eli Lilly investing $27B extra in US manufacturing

Editor's Pick

New Council of Financial Advisors report finds tariffs not inflicting inflation

New Council of Financial Advisors report finds tariffs not inflicting inflation

Former Trump administration head of financial coverage Tomas Philipson discusses President Trump’s commerce talks with South Korea and Japan, present…

By Editorial Board 4 Min Read
Moriah Plath Reveals Complete Hair Loss Attributable to Alopecia
Moriah Plath Reveals Complete Hair Loss Attributable to Alopecia

Studying Time: 3 minutes Moriah Plath is clearing the air, as a…

5 Min Read
Eldridge Toney Says Anna Cardwell Would Need Him to Transfer On
Eldridge Toney Says Anna Cardwell Would Need Him to Transfer On

Studying Time: 3 minutes Eldridge Toney is mourning Anna Cardwell. Regardless of…

4 Min Read

Oponion

First IHOP-Applebee’s joint restaurant coming to US: the place and when it opens

First IHOP-Applebee’s joint restaurant coming to US: the place and when it opens

Try what's clicking on FoxBusiness.com. The joint IHOP-Applebee’s idea that…

November 11, 2024

Trump desires to ‘equalize’ and decrease drug costs. Might Canada be impacted? – Nationwide

U.S. President Donald Trump has launched…

May 18, 2025

Single household residence sells in San Jose for $1.7 million

318 Burning Tree Drive – Google…

April 26, 2025

US nationwide debt hits a brand new file: $36 trillion

The Wealthy Dad Firm co-founder Robert…

November 22, 2024

Trump begs his pal Putin to fairly please cease bombing Ukraine

President Donald Trump on Thursday pleaded…

April 24, 2025

You Might Also Like

Andrew Cuomo received’t go away
Politics

Andrew Cuomo received’t go away

Andrew Cuomo simply received’t cease. The disgraced former governor of New York introduced Monday that he's pursuing a third-party run…

5 Min Read
Florida constructed a black web site and different purple states are positive to observe
Politics

Florida constructed a black web site and different purple states are positive to observe

Tons of of people who find themselves being detained in Florida’s “Alligator Alcatraz” haven't any felony costs in the USA…

5 Min Read
Disneyland terrorized by a brand new infamous villain
Politics

Disneyland terrorized by a brand new infamous villain

Whereas on a visit to Disneyland in California on Saturday along with his spouse and kids, Vice President JD Vance…

4 Min Read
Not even the attractive recreation is protected from this ugly president
Politics

Not even the attractive recreation is protected from this ugly president

President Donald Trump confirmed up on the FIFA Membership World Cup Finals in New Jersey on Sunday, and it was…

5 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?