Nationalization of SpaceX and Deportation of Elon Musk
Former Trump advisor Steve Bannon is urging the president to nationalize Elon Musk's SpaceX and deport the billionaire, citing a Korean War-era law. Musk and Trump have had a public feud, with Musk threatening to cut off NASA's access to space but later reversing course. Bannon's history with Trump and Musk adds complexity to the situation.
Key Points
- Bannon urges Trump to use Defense Production Act to take control of SpaceX
- Musk and Trump engaged in public feud over NASA access
- Bannon hopes to capitalize on rift between Musk and Trump
Pros
- Potential government control over SpaceX and Starlink operations
- Opportunity for Bannon to gain favor with Trump
Cons
- Threat to private ownership and innovation
- Likely legal challenges and backlash