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Government Contracts Face Midterm Election Scrutiny Risk, Trump Says He Will Pardon Musk If Necessary

Government Contracts Face Midterm Election Scrutiny Risk, Trump Says He Will Pardon Musk If Necessary

TradingKey – Amid the U.S. midterm elections, the commercial relationship between SpaceX (SPCX) and the government has once again come into focus. U.S. President Donald Trump stated on the New York Post podcast “Pod Force One” that if Democrats gain control of Congress and push for investigations into Elon Musk and associated individuals, he would consider pardons if necessary to protect these people.

Democrats have pushed back against Trump’s statements. Senator Adam Schiff criticized him for attempting to provide broad protections for the individuals involved and pledged to continue pursuing alleged misconduct.

For SpaceX investors, the more direct impact lies in whether the political controversy will extend into government procurement…

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