Trump spent a hefty portion of his scattered victory speech thanking Musk, who has recently spent more than $130 million and a lot of time and tweets to the conservative political cause.
Musk's investment in Trump is part of a broader effort to shield his companies from regulation and secure access to government subsidies.
Tensions between the Federal Aviation Administration and SpaceX are high. In September, Musk called for the resignation of FAA Chief Michael Whitaker over $630,000 in fines levied against SpaceX.
Musk has said his plans for a department of government efficiency (DOGE) under Trump includes loosening regulations on his rocket launches.
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