The Justice Department had sued SpaceX in 2023, accusing the company of violating federal law by refusing to hire refugees and people granted asylum in the United States.

SpaceX CEO Elon Musk recommended hastening the end of the International Space Station on his social media site X, arguing that the orbiting laboratory should be taken out of orbit within two years instead of the current five-year target.

Elon Musk recently called for the ISS to be deorbited "as soon as possible." Experts say the station provides vital research, technological development and education

Musk has been spearheading aggressive cost-cutting measures across federal agencies, including those tasked with regulating his businesses.

From a wealth standpoint, Elon Musk has had a tough year. According to the Bloomberg Billionaire Index, his net worth has fallen by over $47 billion. The drop in Tesla’s (NASDAQ: TSLA) stock probably accounts for almost all the loss.