Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News
Politics

Trump: Elon Musk Barred From New Government Contracts With Conflicts

Republican presidential nominee former President Donald Trump shakes hands with Elon Musk at a campaign rally at the Butler Farm Show, Saturday, Oct. 5, 2024, in Butler, Pa. (AP Photo/Evan Vucci)

President Donald Trump has made it clear that Elon Musk, the CEO of companies such as Tesla, SpaceX, X, and Neuralink, will not be awarded any new government contracts if there is a conflict of interest with his role overseeing the Department of Government Efficiency (DOGE).

While Trump did not explicitly mention whether Musk's existing companies could continue to receive government contracts, he emphasized that Musk would not be granted contracts in areas where conflicts with his government responsibilities may arise.

Musk's existing companies' eligibility for government contracts remains uncertain.
President Trump restricts Elon Musk from new government contracts in case of conflicts.
Trump emphasizes preventing conflicts of interest in Musk's government dealings.

During a recent interaction, Trump stated, 'No, not if there’s a conflict — if there’s no conflict, I guess, what difference does it make? But we won’t let him do anything having to do with a conflict.'

Trump further assured that he was personally monitoring the situation to prevent any conflicts of interest. He added, 'First of all, he wouldn’t do it, and second of all, we’re not going to let him do anything with a conflict of interest.'

Elon Musk, on the other hand, has maintained that his actions are transparent and open to the public.

President Trump also commended the work of the DOGE team, highlighting their focus on the Internal Revenue Service (IRS) without any plans to shut down the agency.

It remains to be seen how this development will impact Musk's businesses and their interactions with the government in the future.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.