# Musk Offers to Cancel SpaceX Contracts

Elon Musk has offered to cancel SpaceX government contracts that agencies no longer want, but the reports identify no specific contract, agency request, agreement, or completed termination. Musk also said U.S. government payments would account for less than 10% of SpaceX revenue this quarter, down from 16.6% in the prior quarter, and projected they would fall below 5% within a year. That forecast describes SpaceX’s revenue mix, not a confirmed decline in federal spending or contract activity; SpaceX received a $739 million Space Force launch award in January 2026 and continues to support NASA and DoD missions.

- Procurement teams should not treat Musk’s offer or revenue projections as a cancellation notice. The signals report no agency action or change to an award.
- SpaceX’s January 2026 Space Force award and its NASA and DoD work indicate ongoing government activity; agencies and contractors should assess continuity at the individual contract and program level.
- Contractors and subcontractors supporting SpaceX should account for the stated shift in revenue concentration in their business planning, while distinguishing it from changes in agency demand.

**Jurisdictions:** federal
**Industries:** Defense & Military, Transportation
**Published:** November 08, 2026

### Government Entities
- United States Space Force (USSF)
- National Aeronautics and Space Administration (NASA)
- Department of Defense (DoD)

### Vendors
- SpaceX (awardee)
- Boeing (awardee)

### Key Quotes
> SpaceX contracts with the government are BOTH the best product AND the lowest price! Moreover government revenue will be less than 10% of SpaceX revenue this quarter and less then 5% a year from now.
> — Elon Musk

### Sources
- [‘Just Say The Word’: Musk Offers To Cancel Unwanted SpaceX Contracts](https://dallasexpress.com/national/just-say-the-word-musk-offers-to-cancel-unwanted-spacex-contracts) - Dallas Express
- [SpaceX government contracts to be under 10% of revenue, Musk says By Investing.com](https://www.investing.com/news/stock-market-news/spacex-government-contracts-to-be-under-10-of-revenue-musk-says-5008950) - Investing.com
- [Elon Musk Says He’s Happy to Cancel Unwanted SpaceX Government Contracts](https://teslanorth.com/2026/11/06/musk-spacex-government-contracts) - TeslaNorth.com