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© 2026 Benzinga | All Rights Reserved
September 16, 2024 11:15 PM 2 min read

SpaceX CEO Elon Musk Is Doing An Amazing Job, Says Trump Because Before The US Was Getting Lapped In Space By China And Russia: 'Now We Are The Leader'

by Ananya Gairola Benzinga Staff Writer
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In a live stream on Monday, former President Donald Trump commended Tesla and SpaceX CEO Elon Musk for his significant role in propelling U.S. space development to new heights.

What Happened: During the live stream on X, formerly Twitter, Trump lauded Musk for his substantial contributions to the U.S. space sector.

He said, “We were getting lapped in space by China and by Russia and now we are the leader in space.”

The former President added, “Elon Musk was doing a fantastic job, he's my friend. He endorsed me for President so strongly, it was incredible. He is doing an amazing job.”

See Also: Elon Musk Has Secret Service-Like Security Team That Calls Him ‘Voyager:’ Growing Threats After Tesla Austin Factory Scare Have Led To The Richest Man In The World Leading An Increasingly Isolated Lifestyle

Trump’s participation in this X Spaces session comes a day after another assassination attempt on him at his Florida golf club on Sunday afternoon.

Why It Matters: Musk’s company SpaceX has become a dominant force in space, controlling nearly two-thirds of all active satellites orbiting Earth, thanks to the rapid growth of his Starlink satellite network.

In just three years, the number of Starlink satellites has increased more than sixfold.

Previously, Federal Communications Commission chair Jessica Rosenworcel called for increased competition in the space industry. This call came a week after SpaceX launched its 7,000th Starlink satellite.

Amazon is gearing up to launch over 3,000 low-Earth-orbit satellites, setting the stage for a face-off with SpaceX in the U.K.'s airspace. This move places Amazon's executive chairman, Jeff Bezos, in direct competition with Musk.

Despite the competition, Musk continues to make strides in space exploration. On Monday, the Polaris Dawn crew landed safely back to Earth in a SpaceX Dragon spacecraft after conducting the first-ever commercial spacewalk.

Photo Courtesy: Shutterstock.com

Read Next:

  • Mark Cuban Asks Elon Musk He Can Directly Question Him About Kamala Harris’ Economic Policies, But Wants This In Exchange

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Posted In:
NewsSPACEPoliticsTechAmazonbenzinga neuroDonald TrumpElon MuskJeff BezossatelliteSpaceXStarLinkStories That Matter
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