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Reading: ‘King Musk’ slammed for $2.4 billion sweetheart deal from Trump
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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
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‘King Musk’ slammed for .4 billion sweetheart deal from Trump
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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.

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