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[BUSINESS] · United States · 2 sources

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Elon Musk responds to Robert Reich's calls to nationalize SpaceX and Starlink

Elon Musk has responded to calls from former Labor Secretary Robert Reich to nationalize his companies, SpaceX and Starlink. Reich recently suggested that if Democrats gain control of Congress, they should lay the groundwork to turn these private entities into public corporations.

Musk characterized the proposal as an attempt to steal companies, stating, “Stealing companies is a serious crime. Prison for Reich.” The controversy follows Reich's recent writings advocating for the defunding of Musk's enterprises through contract cancellations, wealth taxes, and corporate breakups.

Entities

Elon Musk · Robert Reich · SpaceX · Starlink