• News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
Elon Musk is being investigated after $525,000,000 in new NASA contracts are awarded to SpaceX

Home> News

Published 09:45 14 Apr 2025 GMT+1

Elon Musk is being investigated after $525,000,000 in new NASA contracts are awarded to SpaceX

Officials called his role a 'textbook example of corruption'

Rebekah Jordan

Rebekah Jordan

A new investigation has started into Elon Musk over new billion-dollar SpaceX contracts.

As of recent, Musk has been a controversial figure Trump’s administration, partly because he is not an elected official, calling him ‘crazy Uncle Elon’.

Now, his alleged 'conflicts of interest' with his political and private ventures have been a cause for concern among US officials.

Maxwell Frost of Florida and Gerry Connolly of Virginia - both on the House oversight committee - have requested documents from NASA's chief legal officer related to the agency’s dealings with Musk’s companies and what officials are doing to prevent conflicts.

Advert

In their letter, the lawmakers accuse the world's richest man of having too much sway over federal decision-making, calling his role in directing the Department of Government Efficiency (DOGE) a 'textbook example of corruption at taxpayers’ expense.

Lawmakers accuse Musk of having too much sway over federal decision-making / Bloomberg / Contributor / Getty
Lawmakers accuse Musk of having too much sway over federal decision-making / Bloomberg / Contributor / Getty

The South African's companies have received close to $21 billion in federal funding since 2008, according to the letter. This includes over $525 million in new contracts awarded to SpaceX since Donald Trump’s return to office.

It seems Musk's actions aren't just coincidental with his White House responsibility to cut back on staff and programs across federal agencies. Doing so has allegedly allowed Musk to use his own companies to fill in the staff gaps.

Advert

"Musk is redirecting billions of taxpayer dollars to fund his own financial interests while slashing federal employees, programs, and services on which all Americans depend," the letter states, as per Axios. "At NASA, where Mr. Musk has both benefited from significant contracts and has the potential to receive vast amounts of new business, his defiance of recusal laws and control of operations directly benefit his businesses.

It added: "The known conflicts of interest presented by this arrangement are illegal and must be addressed immediately."

Jared Isaacman is set to become the next head of NASA / Kevin Dietsch / Staff / Getty
Jared Isaacman is set to become the next head of NASA / Kevin Dietsch / Staff / Getty

The lawmakers also noted that Musk’s ongoing control of SpaceX and his hands-on involvement with other government-affiliated projects enables him to 'manage his own conflicts of interest.'

Advert

While the White House Press Secretary Karoline Leavitt insists that Musk is 'abiding by all applicable laws,' officials have yet to confirm whether he has filed the required financial disclosures. She added: "For concerns regarding conflicts of interest between Elon Musk and DOGE, President Trump has stated he will not allow conflicts, and Elon himself has committed to recusing himself from potential conflicts."

In another attempt to benefit his businesses, The Wall Street Journal reported that Musk was engaging in a comprehensive effort to change NASA's priorities and 'install loyalists' in key positions of power. That includes allegedly helping his business associate Jared Isaacman secure a key role in the agency as they shift the focus from NASA's lunar missions to Musk's long-term Mars colonisation plans.

Featured Image Credit: Bloomberg / Contributor via Getty
Elon Musk
SpaceX
Nasa

Advert

Advert

Advert

Choose your content:

an hour ago
3 hours ago
  • Laura Olivas via Getty
    an hour ago

    Finance expert reveals which 'demon' household appliance is the worst energy sucker for sky high bills

    You might want to skip on using this one appliance

    News
  • Leon Neal/Getty Images
    an hour ago

    Far-right activist released from prison this year claims Elon Musk is paying his legal costs

    Musk previously appeared via video link at a far-right rally organized by Tommy Robinson

    News
  • spawns/Getty Images
    an hour ago

    How single drop of toxic metal led to teacher's agonizing death 10 months later

    The chemical seeped through her latex glove and made its way into her bloodstream

    Science
  • PATRICK T. FALLON / Contributor via Getty
    3 hours ago

    Australia passes landmark bill aimed at billionaires like Elon Musk after PM called out Tesla boss

    The Australian PM warned the tech mogul

    News
  • Elon Musk makes major announcement after huge SpaceX breakthrough
  • NASA pays Elon Musk’s SpaceX $843,000,000 to destroy the International Space Station
  • 'Stranded' NASA astronaut says Elon Musk is wrong on $800,000,000 mission to destroy International Space Station
  • NASA issues statement after Trump asked Elon Musk to help bring stranded astronauts home