• Steve Bannon calls for a special counsel to investigate Elon Musk’s government contracts and SpaceX operations.
• Bannon suggests nationalizing SpaceX due to its heavy reliance on taxpayer funding.
• Concerns raised over Musk’s influence, transparency, and private sector control in federal programs.

(The Dupree Report) – Former Trump White House advisor Steve Bannon called for a special counsel investigation into billionaire Elon Musk during a weekend interview with former NBC News political chief Chuck Todd. Bannon criticized Musk over his government contracts and suggested nationalizing SpaceX, citing Musk’s significant earnings from taxpayer-funded projects. The comments raise questions about federal oversight and the ethics of private companies profiting from public resources.

Bannon Criticizes Musk’s Ties to Government Contracts

During the online interview, Bannon highlighted that 90% of SpaceX’s revenue comes from government contracts. He argued this reliance effectively makes the company a “government entity.” Bannon stated, “We ought to go in and say with new management, we’re going to nationalize SpaceX because it’s a government entity anyway.”

Bannon cited SpaceX’s recent $318 billion valuation, noting Musk owns nearly 50%, attributing much of his $100–150 billion net worth to taxpayer-funded contracts. “Why do we not have warrants or options, huge packages for the American taxpayer as part of that?” Bannon asked. The Pentagon reportedly began exploring alternative contractors for SpaceX projects, following concerns over Musk’s statements about the company’s Dragon program.

Public Spat Between Musk and President Trump

The discussion also touched on Musk’s recent disagreements with President Trump. Todd asked whether Musk could regain the administration’s trust. Bannon responded, “No, I do not,” but acknowledged Musk’s attempts to mend relations. The tension stems from Musk’s public criticisms of Trump, which have drawn scrutiny from political leaders and raised questions about Musk’s influence on federal programs.

Bannon underscored that SpaceX’s role in key NASA operations, such as astronaut safety programs, underscores the need for stricter oversight. Todd added, “Well, it can’t function without NASA, NASA can’t function without it,” to which Bannon agreed, emphasizing SpaceX’s dependence on federal funding.

Call for Investigation Into Musk’s Government Role

Bannon called for the appointment of a special counsel to investigate Musk’s operations and government contracts. “I think there have to be formal investigations,” Bannon said, citing concerns over SpaceX’s financial practices and Musk’s personal conduct. He proposed temporarily suspending Musk’s security clearances during the investigation.

The conversation also referenced Musk’s past drug use, which Todd noted would have disqualified him from obtaining a mid-level staff security clearance. “Zero,” Bannon agreed, reinforcing the need for transparency.

Allegations of White House Altercation

Bannon further discussed a report from The Washington Post detailing a physical altercation between Musk and Treasury Secretary Scott Bessent at the White House. Bannon was cited as the source for the report, which highlighted tensions between Musk and senior administration officials. The incident adds another layer to the controversy surrounding Musk’s influence in government affairs.

Accountability and Oversight Concerns

Bannon’s remarks spotlight broader concerns about the intersection of government oversight and private sector influence. His call for nationalization reflects frustration over a lack of accountability for companies heavily reliant on taxpayer funding. Critics argue that SpaceX’s dominant role in federal programs, including NASA contracts and the Starlink satellite system, warrants closer examination.

Bannon also raised concerns about Musk’s control over Starlink, noting its recent installation at the White House. “We just found out now that Starlink has completely rewired the White House to put Starlink in,” Bannon said, calling for further investigation into the arrangement.

Next Steps for Oversight

The growing scrutiny of Musk’s government ties underscores the importance of transparency and accountability. Whether through congressional hearings, Inspector General reviews, or the appointment of a special counsel, calls for oversight are gaining momentum. These developments could shape how private companies like SpaceX interact with federal agencies in the future.

Readers, what do you think about the role of government oversight in corporate contracts? Share your thoughts in the comments below.

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