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Fortune

Marco Quiroz-Gutierrez

Elon Musk’s China briefing highlights possible advantages for SpaceX and Tesla, which have billions in fed contracts and deep ties to China

Elon Musk China Tesla Inc. SpaceX X United States Pentagon Donald Trump Kirsten Gillibrand Starlink

(Credit: Roberto Schmidt—AFP via Getty Images)

Elon Musk’s Friday visit to the Pentagon drew criticism and highlighted his companies’ links to both the federal government and China. The billionaire’s rocket company SpaceX has $22 billion in contracts with the federal government. In China, Musk’s Tesla operates its biggest factory, Gigafactory Shanghai, which as of last year produced about half of all Tesla vehicles.

Elon Musk visited the Pentagon Friday for a briefing on China which underscored the billionaire’s steadily growing influence in the Trump administration as well as his businesses’ deep ties to both the federal government and China.

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