SpaceX CEO Elon Musk accused the FAA of 'regulator overreach' and said his aerospace company would sue the federal agency. The FAA had proposed $633,000 against SpaceX.
Elon Musk said on Tuesday that SpaceX will file a lawsuit against the Federal Aviation Administration , accusing the agency of "regulatory overreach." "SpaceX will be filing suit against the FAA for regulatory overreach," Musk said in a post on X. The tech billionaire's comments came after the FAA proposed fines of $633,000 against SpaceX on Tuesday, alleging Musk's company did not "follow its license requirements" related to a pair of launches last summer.
Business reached out to SpaceX for comment on the proposed fines and Musk's social media post. The company has a strong presence in the space industry, including contracts with the federal government. It notched its 90th mission of the year on Tuesday.
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