Calls to defund Elon Musk
The gist
Former Labor Secretary Robert Reich called for Democrats to "defund" Elon Musk and lay groundwork to nationalize SpaceX and Starlink.
The push follows Musk's remarks on restricting Starlink in Ukraine, raising who controls key infrastructure.
How it unfolded
- Oct 22, 2026The Boston Globe reports Harvard's SpaceX stake, valued at $2.2 billion when disclosed in August, was the largest publicly traded stock holding in its nearly $68 billion endowment and a big contributor to a 27 percent investment gain for the fiscal year ended June 30.
- Oct 25, 2026Robert Reich, on The Coffee Klatch podcast with Heather Lofthouse, calls for Democrats to "defund" Elon Musk and "lay the groundwork for nationalizing" SpaceX and Starlink.
- Oct 26, 2026The Hill's Rising covers Reich's call, tying it to Musk breaking his silence on the restriction of Starlink services for Ukraine.