The president said in a Truth Social post that he wanted Musk's businesses to "THRIVE like never before."

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

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?”