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Fortune
Fortune
Marco Quiroz-Gutierrez

Top investor Cathie Wood says Elon Musk's feud with Trump shows just how much Musk's companies rely on the government

Elon Musk Cathie Wood United States Donald Trump Tesla Inc. SpaceX Ark Invest NASA
(Credit: Chris Ratcliffe—Bloomberg via Getty Images)
  • Elon Musk’s feud with President Donald Trump could especially weigh on Musk’s companies because of their reliance on the government, said investor and ARK Invest CEO Cathie Wood. Musk’s companies, such as SpaceX, are especially vulnerable as its COO last year said it had $22 billion worth of federal contracts.

Elon Musk’s feud with President Donald Trump isn’t just petty drama, it could have real consequences for Musk’s companies because they rely so much on the government, said ARK Invest CEO and investor Cathie Wood. 

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