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In advance of Sunday’s UFC fight on White House lawn, report finds Trump cronies directed millions toward network of politicized entities
The Trump administration has awarded nearly $103 million in federal contracts and grants for the nation’s 250th anniversary celebrations to a network of politicized entities under the control of Trump administration officials and political allies, according to a new report released today by Public Citizen and the Revolving Door Project.
Of the $126 million in grants awarded to celebrate the 250th anniversary of the signing of the Declaration of Independence, over 80% of the awards have gone to build out a politicized series of events, at the public’s expense, according to the report. Among the recipients of the federal grants are entities controlled or influenced by Interior Secretary Doug Burgum, Trump’s former campaign manager Chris LaCivita, and Meredith O’Rourke, Trump’s former presidential campaign finance director.
Trump has spent the first years of his second administration turning the 250th celebrations into a celebration of his supporters and of himself — as evidenced by this weekend’s White House lawn cage match fight on Trump’s birthday.
After an unsuccessful attempt to take over the bipartisan, Congressionally-authorized America 250 nonprofit, the Trump administration bypassed the entity, creating a new, opaque organization known as Freedom 250.
Freedom 250 displaced America 250 as the Trump Administration’s preferred partner in the 250th anniversary celebrations, a preference made clear by actions like linking to Freedom 250 at the bottom of the White House’s landing page.
Freedom 250 is also gaining financial support from a host of large corporations. Among the donors to Freedom 250, corporations that face major federal regulatory issues, including ExxonMobil, Oracle, Lockheed Martin, Palantir, and United Airlines have contributed undisclosed sums with no oversight.
Freedom 250, for its part, has been directly allocated at least $79 million in federal funds, with one $10 million grant dispensed to the National Park Foundation to support a “Freedom Trucks” mobile museum exhibit created in partnership with conservative PragerU and Hillsdale College, a Christian university in Michigan. Another $5 million grant was originally obligated to the organization in December to support “A250 Events,” but increased to $68.3 million in obligated funds in March of 2026.
“This Trumpified version of the 250th anniversary is mostly about lionizing Trump and catering to his political base,” said Alan Zibel, research director with Public Citizen. “The 250th anniversary of the country should be a moment to reflect on the values of the nation. Apparently, the Trump administration is replacing those values with grift, self-dealing, and enriching friends with taxpayer dollars.”
“Donald Trump has spent his life obsessively scarring everything in his path with his likeness, his name, and his gaudy, dictatorial taste in faux gilding,” said Toni Aguilar Rosenthal, program director with the Revolving Door Project. “Ultimately, the rings of ethical impropriety cascading from Trump’s Freedom 250 contracting scandals are just another manifestation of elite impunity. The Trump administration has once again found an avenue to tilt the scales in favor of corporate interests even as millions struggle to believe in the dream of America 250 years after the signing of the Declaration.”
After learning how to game the system, Musk took American loans, American intellectual property, American space, American airwaves, and turned them into a wealth engine for one man.
SpaceX goes public Friday at around $1.7 trillion. Elon Musk owns enough SpaceX stock that, on top of everything else he holds, Musk becomes the first person in human history to cross the trillion-dollar line. The coverage will be all hype. Unprecedented. A genius. Where’s he going next? What does the future hold?
It wasn’t like Elon Musk invented some amazing capacity. He didn’t do something transformational for the world. He didn’t harness electricity. He didn’t invent the transistor. He didn’t invent rocket flight. He didn’t invent satellite technology. He didn’t even make them much better.
What he did was learn how to game the system. He took what America built through generations of investment and generations of hard work and turned it into a profit center for himself. He took American loans, American intellectual property, American space, American airwaves, and turned them into a wealth engine for one man.
In a purely capitalist system, SpaceX wouldn’t exist. It would’ve died in 2008. The company was broke, three rockets had failed, and Musk was burning the last of his money. Then NASA wrote a $1.6 billion contract.
Tesla exists because of a half-billion-dollar loan from the American government, handed over in 2010 when the banks wouldn’t touch him. The deal gave the government the right to buy three million shares of Tesla stock at a locked-in cheap price. That was our cut if the company took off. The company took off, and Musk rushed to pay the loan back nine years early, because under the deal, early repayment canceled the government’s shares. They were worth about $270 million the week he wired the money, and Tesla’s stock has multiplied many times over since. The press called the repayment a triumph. We got our money back with a little interest, and he kept the stock the American people were due.
SpaceX is the same story just bigger. In a purely capitalist system, SpaceX wouldn’t exist. It would’ve died in 2008. The company was broke, three rockets had failed, and Musk was burning the last of his money. Then NASA wrote a $1.6 billion contract for cargo runs to the space station, and that money built the Falcon 9. The people who study this industry say it plainly. NASA is what saved the company when it was on the brink of bankruptcy.
And NASA by then was an agency we’d been squeezing since the 1980s. We decided, instead of doing things ourselves as a nation, instead of demanding the lion’s share of what we’d developed over sixty years of rocketry and satellites and spaceflight, that we’d hand it off to billionaires and let them compete for the contracts. SpaceX now holds around $22 billion in federal contracts. Across the whole Musk empire the public money runs closer to $38 billion. The launch pads, the airwaves, the satellites overhead, the early customers, the technology our space program spent two generations developing. He built on all of it, and we kept no share of it.
I’m not saying SpaceX is bad at rockets. The rockets work. But outbidding Boeing and Lockheed, the most bloated contractors in America, is a low bar, and he cleared it with technology our space program developed, on contracts we paid for. And China is proving right now that none of it was one man’s miracle. They’re behind on reusable rockets and behind on launch rates, sure. They’re also closing fast, as a national project, with state companies and state-backed startups and satellite constellations in the tens of thousands. Getting to space is something a country can decide to build and own. We decided to hand it to one man instead.
The rest of his fortune sits in Tesla, and that deal is even worse. Tesla is worth more than every other major carmaker on the planet combined. Toyota, BYD, GM, Ford, Volkswagen, Honda, Mercedes, BMW, all of them together, still short of Tesla. Plenty of those companies earn more actual profit than Tesla does. Toyota alone makes several times Tesla’s money. The valuation isn’t a measure of the business. It’s an obvious bubble, one of those bubbles people will look back on like the tulip bubble and ask how anybody ever believed it.
SpaceX now holds around $22 billion in federal contracts. Across the whole Musk empire the public money runs closer to $38 billion. The launch pads, the airwaves, the satellites overhead, the early customers, the technology our space program spent two generations developing. He built on all of it, and we kept no share of it.
Meanwhile the tariffs are the only reason Chinese carmakers aren’t whipping us in our own market. BYD passed Tesla as the biggest seller of electric cars in the world, and it makes a good one for around ten thousand dollars. Musk has admitted himself that without trade barriers, Chinese automakers would demolish most of their rivals. The tariff wall protects the whole American industry, and Tesla is its single biggest beneficiary. We’re babying these companies instead of pushing them to get better, and we’re not taking a dime of ownership while we do it.
They’ll tell you the wall is national security. It isn’t. We haven’t kept our means of production. We don’t make enough steel even for ourselves, and that’s while we’re barely building anything. Start building at scale again and we’d be importing even more of it. We can’t build transmission lines or move energy around this country. We’ve lost the machine tools. We shipped the means of production to China and other countries, and now we’re handing what’s left to a handful of billionaires. National security would be making these companies better. It would be forcing them to share the patents we paid to develop. It would be forcing a universal charger. It would be making them earn their money through quality production that competes on the open market, not through bubble valuations.
Then they handed him our retirement accounts. When a company joins a major stock index, every fund tracking that index has to buy it. Nobody decides the company is worth the money. The rule says buy. So every two weeks tens of millions in paychecks pour in on autopilot. SpaceX wanted that money sooner than the rules allow, because Elon Musk is special, apparently. His advisers pushed the index providers to change the rules, and two of the three folded. Nasdaq rewrote its policy so a company like SpaceX can join in 15 trading days instead of three months. Russell cut its wait to five. Somewhere around $22 to $27 billion in automatic buying will hit a stock with almost no shares actually trading. The S&P 500, the biggest index of them all, refused. It said earn your way in, a company that loses money doesn’t qualify. One gatekeeper said no. Two said yes. The rules got bent for him, and that’s not speculation. It happened. One more handout, except this time the money is yours, pulled out of your paycheck and pointed at his stock whether the price makes sense or not.
We’ve watched this movie before. Amazon went a decade without real profits and the market funded it anyway, because everyone could see the government handing it advantage after advantage. Bezos planted the company in Washington State to dodge sales tax, and for twenty years Amazon skirted sales taxes across most of the country, a built-in discount on every order that local stores couldn’t match, because they had to charge the tax. It crushed them. Then cities lined up to hand the richest man alive billions more in breaks for a headquarters. We supported these guys, who then took everything and ran.
Now we’ve created a class of men who hold more wealth than many states. Musk holds more than many countries. That concentration gives one human incomprehensible power, and we will hand him more of it every year. We outsourced our production to China. Now we’re outsourcing our state itself to a few men, who just sub it back out to us.
Tax the oligarchy and the money flows back as rent to the same oligarchs, the medical ones, the housing ones, the tech ones, and we get nothing for it. No power, no stability, no better income. We get a company town as a national economy.
The answer is not a wealth tax. Tax Musk and Bezos and Zuckerberg, pull the money into the government, push it back into broken systems, and you haven’t restructured a thing. Pull wealth from Musk and pour it into a healthcare system that already swallows a huge percentage of dollars before they reach a patient, and you don’t get better health or longer lives. You get more valuable healthcare companies. Pull it into housing allowances and down payment assistance, and you don’t get cheaper homes. You push the prices up, hand the gain to private equity firms that already own the housing, and make it harder for the next family that wants to own a home. A wealth tax spreads a little money around the top and leaves the same people owning the same things. It doesn’t move power. Tax the oligarchy and the money flows back as rent to the same oligarchs, the medical ones, the housing ones, the tech ones, and we get nothing for it. No power, no stability, no better income. We get a company town as a national economy.
The answer is ownership. Take back a stake in what was built with our money, our research, our protection. And before anyone says it can’t be done, Donald Trump has shown us it’s possible. His administration has taken a 10 percent stake in Intel, stakes in lithium and rare earth companies, and a golden share in US Steel. The taboo is broken. The government demanding equity for its support is now just a thing that happens.
But the golden share in US Steel is veto power with no money in it, a say with no stake. The Intel shares are also money with no say. None of it comes with the part that matters, which is input on where these companies go and what they do with the resources we let them use. We protect their intellectual property, most of which we developed. We protect their markets. We give them our military, our courts, our FBI, a stable country to get rich in. And what we’re getting back is poorer and sicker, with a shrinking share of the things that are ours.
Real public ownership means both. The profits and the say-so, together, the demands any investor would make. When the public builds the thing, the public owns a piece of the thing. Call it American Equity. We knew how to do this. The New Deal did it. The Arsenal of Democracy did it. The country that built the Transcontinental Railroad and the New York City subway did it. That system, the one Hamilton started with public credit behind American manufacturing, is the system China runs today. They took our playbook. We traded it for stock market rackets.
We can raise hospitals. We can send rockets into space. We can launch satellites, and we can do it for ourselves. There’s nothing particularly amazing about Elon Musk except his willingness to fleece the American people out of what’s theirs. So stop. Stop handing him the contracts. Strip the special treatment. Claw back the intellectual property and the advantages we built for him, and go to the moon ourselves again.
They stop existing because they fail to come together and remove the rot, the corruption, the inequality, and demand accountability from the people who’ve dodged it the longest. We’re at the part of the cycle where we take our stuff back, or we fail.
There’s a cycle to this. Countries in the spot we’re in generally stop existing. Not because they lack potential. Not because they have nothing worth producing. They stop existing because they fail to come together and remove the rot, the corruption, the inequality, and demand accountability from the people who’ve dodged it the longest. We’re at the part of the cycle where we take our stuff back, or we fail.
Today they crown the first trillionaire. They’ll say he earned it. The truth is simpler and uglier. He’s a welfare trillionaire. Half a billion in government loans, tens of billions in government contracts, sixty years of our research. We made him.
And a wealth tax won’t unmake him, because taxing the mega oligarch just funds the baby oligarchs. The only way to reclaim the power they’ve taken from us is to take back some of what’s ours, some of our capacity, some of our infrastructure, our share of the things we paid to build. Bernie Sanders said it this week, the public should own half of the big AI companies. We need to be thinking a lot more along those lines. If we want homes people can afford, healthcare that doesn’t bankrupt us, and work that pays, it starts with owning things again.
"Destroying a drinking water facility is not an attack on a target of war, but a mafia-style operation designed to harm the Iranian people," said one academic.
As temperatures in the village of Bemani, Iran, near the Strait of Hormuz, reached above 100°F this week, two water facilities were struck by bombs, cutting off the drinking water supply for 20,000 people in the area.
An analysis by The New York Times late Wednesday indicated that the attack on the drinking-water storage facilities appeared to be a precision strike by the US, raising questions about whether the Trump administration intentionally attacked civilian infrastructure, which would constitute a war crime under international law.
As the provincial water authority in the area reported that two storage tanks had been destroyed in an attack early Wednesday, US Central Command said on social media that the US Air Force and Navy had used "precision munitions" to strike "Iranian air defense, ground control stations, and surveillance radar sites near the Strait of Hormuz."
Esmaeil Baqaei, a spokesperson for the Iranian Ministry of Foreign Affairs, posted a video of damage to one of the facilities, whose light blue pipes were consistent with water infrastructure.
"As part of its aggression against Iran, the US military has deliberately struck vital civilian water infrastructure in Sirik, Hormozgan, destroying two reservoirs with a combined capacity of 2,500 cubic meters," said Baqaei. "These facilities supplied drinking water to more than 20,000 residents across ten villages. This is not collateral damage—it is a calculated war crime and a flagrant violation of human rights and international humanitarian law. The US must be held accountable for committing such systematic brutal attacks on civilian life-sustaining infrastructure."
The analysis of the strikes came as the US waged more attacks Wednesday night and early Thursday, including on an oil tanker in the Gulf of Oman and against Iranian radars and air defenses.
In its analysis, the Times said commercial satellite imagery showed two water facilities in Bemani whose descriptions matched those given by Abdolhamid Hamzehpour, the chief executive of the province’s water authority, on Wednesday, when he reported the structures had been damaged by missiles.
Hamzehpour said in a statement that the high temperatures in the area were “unbearable” for residents without drinking water, and said that mobile water tanks had been deployed to nearby villages.
The roof of one of the facilities collapsed, according to videos released by Iranian state media, and the center of the roof of the other structure appeared to have been struck by a bomb.
The Times noted that both buildings were remotely located, with no other infrastructure located in the immediate vicinity, suggesting a likely precision strike.
Tasnim, a semiofficial news agency in Iran, released photos of bomb fragments that it said were recovered from the site. Researchers with the Open Source Munitions Portal identified the fragments as parts of a GBU-39 bomb, which is used by the US Air Force.
The precision-guided bomb was "consistent with the damage shown in the footage of the damaged building: a clean hole punched through the building’s roof and limited blast damage around it," reported the Times.
Alleged U.S. airstrikes overnight hit two water storage reservoirs in Iran's Sirik County, Hormozgan Province, reportedly leaving many without water.Images of remnants posted by Iranian media show the remains of a U.S.-made GBU-39 air-delivered bomb.osmp.ngo/osmp2336/
[image or embed]
— Open Source Munitions Portal (@munitionsportal.bsky.social) June 10, 2026 at 3:30 PM
The bombing came as President Donald Trump complained that Tehran was taking too long to finalize a peace deal. The US and Iran have each carried out attacks this week, raising doubts about a ceasefire deal that was reached in April following Trump's threats to wipe out Iran's civilization.
"Trump is so angry that Iran will not give him a deal that he is telling the US military to commit war crimes," said Phillips P. O'Brien, a professor of strategic studies at the University of St. Andrews. "Destroying a drinking water facility is not an attack on a target of war, but a mafia-style operation designed to harm the Iranian people."
Today, the United States has the opportunity to prove to itself and to the world that the mistakes committed by its government do not reflect the desires of the US people.
Since January 2026, when the intensification of US policies aimed at suffocating the Cuban people began, I have had the opportunity to travel to the island three times. Each time I return with my heart a little more broken, but also with a stronger conviction that we need to defend Cuba.
As a Mexican, I have received, on behalf of my compatriots, thousands of expressions of gratitude and hugs that the Cuban people send to the Mexican people. Every time I am there, I speak about the empathy and understanding we have toward Cuba, about the great efforts ordinary Mexicans make to bring a few kilos of rice to collection centers. And when I listen to Cubans, I learn a little more about the deep history that unites us.
But as a Mexican American and a binational activist, I also carry the weight of understanding the average US citizen. After many years of living in the United States, I continue to be surprised by how deeply the dream of democracy lives within people there, despite the fact that the country has been experiencing a deepening democratic crisis for years.
The deprivation imposed by Washington on the Cuban people for decades is now being reflected within the very core of the empire itself. It is suffered not only by migrants, Native Americans, Black communities, and the historically oppressed. Today, that same yoke has reached a white middle class that is beginning to feel the collapse of freedoms originally created for them.
Only the people of the United States—and no one else—can carry out the transformations their own country needs.
Fortunately, people in the United States can learn much here from Latin America—and Cuba in particular. They can learn from the region’s long history of struggle against Washington’s domination—and from the long construction of democratic processes from below that go far beyond just elections.
The resilience and social fabric the Cuban people have built are unique, just as unique as the oppression caused by the blockade the US government has maintained for all these decades. The United States needs public healthcare, free access to university education, and affordable housing. It needs to stop investing the billions it spends on war and instead invest that money in its own people. Cuba has done that.
The dream of democracy in any country is built beyond the ballot box alone, through projects that people themselves embrace and carry out. Today, the United States has the opportunity to prove to itself and to the world that the mistakes committed by its government do not reflect the desires of the US people. Today, as C. Wright Mills said 60 years ago, “Cuba’s voice must be heard in the United States, because the United States is too powerful and its responsibilities to the world and to itself are too great for its people not to hear the voices coming from the hungry world.”
The United States is preparing for another electoral cycle while its policies of war and interventionism throughout the Global South get reaffirmed.
At the same time, the island of 10 million inhabitants is preparing to continue resisting in the face of the possibility of an attack. In Cuba’s “Family Guide for Protection in Case of Military Aggression,” one can read recommendations for what to pack in a backpack: identification, a radio, candles, food, medicine, and toys to help distract children.
A recently published poll by the Center for Economic Policy Research (CEPR), a think tank based in Washington, DC, reveals that more than 60% of US citizens oppose a war with Cuba. At the same time, solidarity networks with Cuba in the United States—which have existed since the beginning of the blockade—are reactivating with renewed strength.
But can US citizens truly stop the madness their own empire imposes on them and on the rest of the world? Let us hope so, because only the people of the United States—and no one else—can carry out the transformations their own country needs. Only then will Cuba, the United States, Mexico, and the rest of the world be free.