Trump is looking to set the record straight on his stance on Elon Musk's companies. The president said he wanted Elon's businesses to "thrive."

In the ensuing public clash last month, Trump repeatedly threatened to terminate government subsidies and contracts with Musk’s companies. He even suggested siccing Musk’s DOGE on its former handler, posting: “Elon may get more subsidy than any human being in history, by far…. Perhaps we should have DOGE take a good, hard, look at this?”

Elon Musk's companies have benefited from government contracts, including SpaceX through its relationships with the Pentagon and NASA.