Elon Musk Stands to Get Even Richer as Trump Backs $1 Trillion Budget for Pentagon
April 9, 2025
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12:40Now PlayingElon Musk Stands to Get Even Richer as Trump Backs $1 Trillion Budget for Pentagon
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As federal agencies face crippling cuts and are forced to cut essential services, President Trump has announced he will seek a $1 trillion budget for the Pentagon, a record-setting number that would mark the highest level of U.S. defense spending since World War II. William Hartung, a senior research fellow at the Quincy Institute for Responsible Statecraft, blasts the promised budget as "completely unnecessary" and says that "almost the only beneficiaries are going to be the weapons manufacturers." Hartung also discusses the growing political influence of Silicon Valley defense technology startups, including Alex Karp's Palantir and Elon Musk's SpaceX.
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