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Trump offers Elon Musk $1,000,000,000 gift amid 'largest cut to NASA's budget in history'

Home> Science> Space

Published 15:14 6 May 2025 GMT+1

Trump offers Elon Musk $1,000,000,000 gift amid 'largest cut to NASA's budget in history'

SpaceX has benefited significantly from recent NASA cuts

Harry Boulton

Harry Boulton

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Featured Image Credit: Andrew Harnik / Staff via Getty
Donald Trump
Elon Musk
Money
Nasa
Space
SpaceX
Mars
Moon

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US President Donald Trump's latest government action involves a handy $1,000,000,000 boost towards Elon Musk's dream, as the new Fiscal Year 2026 budget has enacted the largest NASA budget cut in history.

There has been a somewhat thorny relationship between President Trump and the government's space agency since he began his second term, particularly surrounding the return of 'stranded' astronauts Suni Williams and Butch Wilmore after SpaceX CEO Elon Musk was ordered to 'go get' them both.

Trump even offered to pay the pair's overtime after learning the small amount that they'd be getting directly from NASA, although the latest budget indicates that he isn't offering that same generosity to the rest of the space agency.

Trump's latest budget has proposed a 24% cut to NASA's spending, which is the largest in history for the space agency (Andrew Harnik/Getty Images)
Trump's latest budget has proposed a 24% cut to NASA's spending, which is the largest in history for the space agency (Andrew Harnik/Getty Images)

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Experts have already warned of the 'disastrous impact' that Trump's tariffs would have on the space industry as a whole, but NASA are already feeling the effects following what could be its biggest single-year budget cut in history.

As reported by the Daily Mail, the government's new Fiscal Year 2026 budget has revealed that $6 billion has been slashed from NASA's budget, highlighting what the Trump administration outlines to be 'unaffordable missions' and 'grossly overbudgeted' research.

In particular, these cuts affect missions such as the Mars Sample Return - which aims to collect aspects of the red planet to study - the International Space Station, and also NASA's Space Launch System rocket and Orion spacecraft.

The reason behind many of these cuts appears to come down to 'overspending' and 'inefficiencies', with the Mars Sample Return's budget rising from initial projections of $3 billion to $11 billion, for example.

Additionally, the Space Launch System has been branded as 'grossly expensive and delayed', and it doesn't exactly look great when placed next to the comparatively cheap cost of SpaceX's rocket launches.

While NASA as a whole will certainly suffer if this budget is approved, Elon Musk could definitely benefit as the budget cuts have afforded a reallocation of $1 billion towards the goal of getting astronauts on Mars.

NASA's budget allocation towards Mars exploration could help Musk achieve a long-term goal (Peter Parks/AFP via Getty Images)
NASA's budget allocation towards Mars exploration could help Musk achieve a long-term goal (Peter Parks/AFP via Getty Images)

Reaching (and eventually colonizing) Mars has been a long-term goal for Musk and SpaceX, and was even highlighted by Trump during his inauguration, and this new budget appears to put efforts towards continued space travel in motion.

NASA already have plans to allow humans to visit Mars, although these appear to currently be unsustainable due to the length of time it would take to reach the planet, but the budget could allow this hurdle to be removed - especially as it has been revealed that money and regulation is the key reason why astronauts have not returned to the Moon in over half a century.

This change understandably hasn't been without significant pushback from the space community though, as a new statement from The Planetary Society condemns the cuts, branding them 'deep' and 'damaging'.

"The proposed cut would represent a historic step backward for American leadership in space science, exploration, and innovation," the statement reads, adding that "slashing NASA's budget by this much, this quickly, without the input of a confirmed NASA Administrator or in response to a considered policy goal, won't make the agency more efficient - it will cause chaos, waste the taxpayers' investment, and undermine American leadership in space."

With Elon Musk revealing his own plans for politics on Mars though, it's hard to not see this budget pushed through as a means to beat China in the new space race by any means possible.

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