SpaceX Poised for Massive Profit From Pentagon Rocket Initiative
The Pentagon announced next steps in a program that could see SpaceX Starships being used to transport cargo and troops around the globe.
The Pentagon announced next steps in a program that could see SpaceX Starships being used to transport cargo and troops around the globe.
Musk's DOGE team is soon to arrive at the Pentagon as his companies, like SpaceX, rake in billions of dollars in defense contracts.
The proposal faced lobbying opposition from the fossil fuel industry and the U.S. Chamber of Commerce.
More than 50 members of Congress own stock in defense contractors whose profits are soaring from giant Pentagon budgets and supplemental weapons packages.
A Sludge analysis estimates that more than half of the fiscal year 2024 Pentagon budget will go to private contractors, with the five largest companies raking in one-sixth of all military spending.
The Texas Democrat has taken hundreds of thousands from defense companies with histories of ripping off taxpayers.
Texas Republican Michael McCaul owned up to $6 million in G.E. shares as he sits on the House Armed Services Committee that sets defense funding levels.
Here are the members of Congress who own stock in defense contractors like Lockheed Martin and Raytheon.
Top defense contractors have quietly restarted their PAC donations after a pause, including to Republican election objectors.
As the F-35 fighter comes under Pentagon review for potential cuts, bipartisan groups of lawmakers are calling to continue high levels of spending on the troubled $1.7 trillion program.