{"id":15199,"date":"2025-03-25T04:38:23","date_gmt":"2025-03-25T04:38:23","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/the-importance-of-being-spacex\/"},"modified":"2025-03-25T04:38:23","modified_gmt":"2025-03-25T04:38:23","slug":"the-importance-of-being-spacex","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/the-importance-of-being-spacex\/","title":{"rendered":"The Importance of Being SpaceX"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Much attention has been paid to how Elon Musk\u2019s high-profile role in President Trump\u2019s White House has hurt Tesla: <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/05\/business\/tesla-germany-sales-elon-musk.html\" title=\"\">Sales are falling<\/a>, its stock price has <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/19\/business\/tesla-musk-trump-backlash.html\" title=\"\">slipped from its peak<\/a> and embarrassed liberals are <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/03\/business\/tesla-boycott-elon-musk.html\" title=\"\">turning their cars back in<\/a>.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Some of that attention is being supplied by Trump himself. \u201cI know you\u2019ve been through a lot,\u201d Trump told Musk during today\u2019s cabinet meeting, at which Musk perched at one end of the table wearing a red hat that said \u201cTrump was right about everything.\u201d Trump portrayed him as stoically weathering the backlash against his businesses.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cHe has never asked me for a thing,\u201d Trump said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Perhaps not. But even as Tesla <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/16\/business\/elon-musk-trump-tesla-conservatives.html\" title=\"\">suffers<\/a>, another of his companies is poised to profit off billions of dollars in new government contracts. That company is SpaceX.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">My colleague Eric Lipton, an investigative reporter in The Times\u2019s Washington bureau, has <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/23\/us\/politics\/spacex-contracts-musk-doge-trump.html\" title=\"\">laid out the myriad ways that SpaceX stands to benefit<\/a> from enormous sums in federal spending even as Musk, focused on cutting costs, slices his way through the government.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">SpaceX is positioning itself to win billions in new federal contracts from the Pentagon, the Federal Aviation Administration, the Federal Communications Commission and NASA, Eric writes. The scale of the business is staggering, as is the potential for conflicts of interest.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Conflicts could arise not just from Musk\u2019s dual roles as the chief executive of SpaceX and an adviser to Trump. Current and recent employees of SpaceX also now hold government positions, some of which could allow them to steer work back to SpaceX.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Some SpaceX employees are temporarily working at the F.A.A., for example. One of them, who Eric reported got official permission to take actions that could help SpaceX, boasted on X about building Starlink satellites into systems that send weather data to pilots \u2014 which could bring more federal business to SpaceX in the future.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Then there\u2019s NASA, which already had more than $10 billion in contractual commitments to SpaceX over the past decade. Trump\u2019s nominee to run the agency, Jared Isaacman, purchased a stake in SpaceX several years ago, Eric reported, although it was recently sold. Isaacman also traveled to space twice on the company\u2019s private flights.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">What\u2019s more, Michael Altenhofen, SpaceX\u2019s former director of human spaceflight sales and products, is now a senior adviser at NASA. (Altenhofen left the company on New Year\u2019s Eve after working there for 15 years, according to a NASA spokeswoman.)<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">All of this appears to be good for SpaceX\u2019s bottom line. The company is privately held, but Forbes recently <a class=\"css-yywogo\" href=\"https:\/\/www.forbes.com\/sites\/mattdurot\/2025\/03\/18\/tesla-is-no-longer-elon-musks-most-valuable-asset\/\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">estimated<\/a> that Musk\u2019s stake in the company was worth $147 billion, more than his stake in Tesla.<\/p>\n<hr class=\"css-7ad88g e1mu4ftr0\"\/><\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-3\">\n<div class=\"css-53u6y8\">\n<p class=\"css-9w1fbe e6idgb70\">AGENCY REPORT<\/p>\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-5535278\">\u2018I\u2019m ready to walk away\u2019<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">The Veterans Affairs agency pioneered the practice of virtual health care two decades ago as a way to reach veterans who were socially isolated or living in rural areas, and over the years it hired mental-health providers into fully remote positions to focus on delivering that care from a distance.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-4\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">The return-to-office orders pushed by President Trump and the Department of Government Efficiency have drawn those providers into offices where there isn\u2019t enough room to accommodate them, or to ensure patient privacy, my colleagues Ellen Barry, Nicholas Nehamas and Roni Caryn Rabin <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/22\/us\/politics\/veterans-affairs-mental-health-doge.html\" title=\"\">reported over the weekend<\/a>.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Drawing on over three dozen interviews with current and recently terminated mental health workers at the V.A., they learned that a system that Trump campaigned on improving is in turmoil.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cI\u2019m ready to walk away if it comes to it,\u201d one psychiatrist wrote to her manager in a text message.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cI get it,\u201d the manager replied. \u201cMany of us are ready to walk away.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\"><a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/22\/us\/politics\/veterans-affairs-mental-health-doge.html\" title=\"\"><em class=\"css-2fg4z9 e1gzwzxm0\">Read the full story here<\/em><\/a><em class=\"css-2fg4z9 e1gzwzxm0\">.<\/em><\/p>\n<h3 class=\"css-15h6bi9 e1gnsphs0\" id=\"link-1506c9ab\"><span><strong class=\"css-8qgvsz ebyp5n10\">More on government agencies<\/strong><\/span><\/h3>\n<hr class=\"css-7ad88g e1mu4ftr0\"\/><\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-5\">\n<div class=\"css-53u6y8\">\n<p class=\"css-9w1fbe e6idgb70\">MEANWHILE on X<\/p>\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-807e83a\">Deriding judges and lawyers, too<\/h2>\n<p class=\"css-at9mc1 evys1bk0\"><em class=\"css-2fg4z9 e1gzwzxm0\">Elon Musk is using his X account as a megaphone. My colleague Kate Conger explains how he\u2019s using it to try to influence legal proceedings.<\/em><\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-6\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">One of Musk\u2019s targets on X this past weekend was a state judge in Delaware.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cKathleen McCormick\u2019s legacy will be bankrupting the state of Delaware,\u201d he wrote on Sunday, calling out a state judge who last year <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/01\/30\/business\/elon-musk-tesla-pay-package.html\" title=\"\">voided his Tesla pay package<\/a>, worth almost $50 billion. (His post misspelled her given name, Kathaleen.)<\/p>\n<p class=\"css-at9mc1 evys1bk0\">He also went after a federal district judge, James E. Boasberg, who has questioned the Trump administration over its use of a powerful wartime statute to summarily deport Venezuelan immigrants accused of being members of a violent street gang. Reposting an account of the judge\u2019s having said that the sentences of some Jan. 6, 2021, rioters had not been harsh enough, Musk wrote, \u201c<a class=\"css-yywogo\" href=\"https:\/\/x.com\/elonmusk\/status\/1903859531009921070\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">Wow, this is insane.<\/a>\u201d He also wrote that Boasberg had \u201c<a class=\"css-yywogo\" href=\"https:\/\/x.com\/elonmusk\/status\/1903862247052488843\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">a villainous look.<\/a>\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But one of Musk&#8217;s most surprising posts called out a major law firm, Skadden, Arps, Slate, Meagher &amp; Flom, which managed his $44 billion bid for Twitter back in 2022. Despite his history with the firm, Musk took issue with its work on Sunday, coming to the aid of Dinesh D\u2019Souza, the writer and director of \u201c2,000 Mules,\u201d a film that <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/05\/31\/us\/politics\/2000-mules-salem-georgia-apology.html\" title=\"\">falsely claimed<\/a> widespread fraud took place during the 2020 election.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">D\u2019Souza has said that the <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/12\/02\/us\/politics\/dinesh-dsouza-2000-mules-apology-trump.html\" title=\"\">analysis used in the film<\/a>, which claimed to depict a vast ring of \u201cmules\u201d illegally gathering large numbers of ballots and surreptitiously placing them in drop boxes, was incorrect. He has apologized to a Georgia voter falsely accused in the film of committing voter fraud.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-7\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">But D\u2019Souza wrote on X on Sunday that Skadden Arps had \u201cengaged in systematic lawfare\u201d to harm his project.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">To which Musk responded: \u201cSkadden, this needs to stop now.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">It\u2019s unusual to see a major client like Musk make public demands about a law firm\u2019s work for other clients, and it was unclear whether Skadden Arps, which did not respond to a request for comment, would comply.<\/p>\n<p class=\"css-798hid etfikam0\">\u2014 <!-- -->Kate Conger<\/p>\n<hr class=\"css-7ad88g e1mu4ftr0\"\/><\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-8\">\n<div class=\"css-53u6y8\">\n<p class=\"css-9w1fbe e6idgb70\">you shouldn\u2019t miss<\/p>\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-57121508\">These wrestling fans love Trump, but not Musk<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">My colleague Shawn McCreesh spent his Saturday night at the Division I wrestling championship, where President Trump and Elon Musk were also taking in the fight.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The fans there were largely thrilled with Trump. But their feelings about Musk <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/23\/us\/politics\/trump-musk-ncaa-wrestling-philadelphia.html\" title=\"\">were a little more complicated<\/a>.<\/p>\n<blockquote class=\"css-1ggt3fz etf134l0\">\n<p class=\"css-12wzsk6 evys1bk0\">\u201cNot a big fan of Elon,\u201d said Blaize Cabell, a 32-year-old wrestling coach from Independence, Iowa.<\/p>\n<p class=\"css-12wzsk6 evys1bk0\">\u201cI don\u2019t even know what to think of him at this point,\u201d David Berkovich, a 24-year-old wrestler and graduate school student from Brooklyn, said of Musk. \u201cHe\u2019s just there all the time.\u201d<\/p>\n<\/blockquote>\n<p class=\"css-at9mc1 evys1bk0\"><a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/23\/us\/politics\/trump-musk-ncaa-wrestling-philadelphia.html\" title=\"\"><em class=\"css-2fg4z9 e1gzwzxm0\">Read more about Shawn\u2019s night here<\/em><\/a>.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2025\/03\/24\/us\/politics\/musk-spacex.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Much attention has been paid to how Elon Musk\u2019s high-profile role in President Trump\u2019s White House has hurt Tesla: Sales<\/p>\n","protected":false},"author":1,"featured_media":15200,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[861,469],"class_list":["post-15199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us","tag-elections","tag-politics-and-government"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Importance of Being SpaceX - World News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/the-importance-of-being-spacex\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Importance of Being SpaceX - World News\" \/>\n<meta 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