- Elon Musk’s runner with President Donald Trump Investor and CEO of ARK Invest Cathie Wood said that Musk can be particularly weighing because of its dependence on the government. Musk companies, like SpacexHe is especially at risk because the operations manager last year said that she had federal contracts worth $ 22 billion.
Elon Musk runner The CEO of Ark Invest and investor Cathay Wood said President Donald Trump is not just a trivial drama, as it may have real consequences for Musk companies because it depends a lot on the government.
Among the musk companies, both Spacex and Timing Ownership Benefit Of the billions of dollars in subsidies and grant 22 billion dollars in federal contractsThe largest part of it came from NASA.
Wood said in a video It was uploaded to Ark Invest YouTube Friday channel.
Wood said in the video: “I think the way it is developing is Elon and Tesla, and investors began to understand more and more government -controlled amount here,” Wood said in the video. “Illon participates in government -based companies.”
For Neuralink, it can also be a more hostile organizational environment. While Musk’s Brain-Plant Companyi has already received The approval of the Food and Drug Administration for human trialsThat is, future marketing also requires federal approval. Meanwhile, Tesla may later need to deal with federal regulations for the independent independence plan, as the wood added. Any list can also affect the artificial intelligence that the executive branch also imposes on Xai, the Musk’s AI, which also owns X, its social network.
Last week, Tesla contributed Decline By up to 14 % before the recovery, as Musk criticized Trump’s “Grand Law” of Trump, and Trump fell a threat to end the contracts of the Musk government. Finally, Musk has returned and said that Spacex will stop his Dragon spacecraft, one of whom brought NASA astronauts in March yet Unexpected accommodation for a period of 9 months At the International Space Station.
Later, though, Musk has regained his statement on the Dragon spacecraft, and since then It seems deleted At least one of the most inflammatory functions on X attacks Trump.
Wood said that Musk began to back down from the dispute with Trump, adding that “he certainly does not want to be weak,” as the United States negotiates with China, which depends on both its products and sale. China recently Granted Licenses for rare land minerals for adult American car manufacturers suppliers, Reuters I mentioned. Wood said Tesla was not included.
She said: “It is clear that there are some damage to the brand of Tasla, which are easily recognized, and I think he is trying to decide on the government and is associated with one party or another.”
However, Wood said she believed that the husband will eventually fulfill their cases.
“One of the things I have noticed over the years, because we held Tesla, is that Elon Musk works well under pressure, creating a lot of this chaos and pressing itself.”
This story was originally shown on Fortune.com
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2025-06-10 10:34:00
