Does escalating splash with Trump regulatory threat to Musk businesses? | Company Business News
June 5- The risk of US transport, environmental, communications and other regulators will aim for the many companies of Elon Musk, become a real threat after disintegrating the billionaire’s deep political ties with President Donald Trump on Thursday. Below is a list of US regulators who oversee Musk’s companies, including car manufacturer Tesla, Rocket and Satellite Company SpaceX, Brain Inplant Company Neuralink, the social media platform X and the construction firm The Boring Company. Federal Communications Commission The Federal Communications Commission voted in April to open a review of the decades-old spectrum division regime between Satellite systems sought by SpaceX. SpaceX wants access to new spectrum of the FCC in the coming years to speed up the deployment of satellite -based Internet service. The overview by the US telecommunications regulator aims to enable a larger and more intensive use of spectrum for space editorial activities. Existing reduction approved in the 1990s limits the use of power that prevents better coverage of SpaceX’s Starlink and other systems. Food and Drug Administration The FDA oversees the clinical trials for Neuralink, Musk’s brain implantation business, which decides whether such trials can take place and whether Neuralink can eventually sell its apparatus to consumers. The agency has already approved such trials in the US Neuralink, also checked clinical trials outside the US, also in Canada. The FDA initially rejected Neuralink’s request to start clinical trials, citing safety risks, Reuters reported in 2023. The agency has since given the start of the start to conduct clinical trials, which are going on. Environmental Protection Agency SpaceX is facing environmental regulations of the EPA, which oversees the wastewater of the company at its operating area in Texas. The company’s operations are also subject to environmental reviews under the National Environmental Policy Act, with various agencies, including the fish and wildlife service required to analyze the impact of the company’s rocket launches and landings on land, water and wildlife. The National Highway Traffic Safety Administration Tesla faces constant supervision of US car safety investigators about the safety of its vehicles, especially when using advanced driver assistance systems. Last month, the National Highway Traffic Safety Administration Tesla asked to answer questions about its plans to start a paid robotaxi service in Austin, Texas, in June to determine how the cars of the electric vehicle manufacturer with full self-driving technology will perform in poor weather. NHTSA has been investigating Tesla’s full self -managed clashes in reduced circumstances on the road since October. The agency said it was seeking supplementary information on Tesla’s development of robotaxis “to assess the ability of Tesla’s system to respond appropriately to reduced conditions of the roadway”, as well as details on the implementation plans of robotaxi and the technology used. The Federal Aviation Administration in September proposed the FAA a $ 633,000 fine against SpaceX for failing to comply with the license requirements in 2023 before two launches. The investigation remains open. The FAA can also impose new restrictions or additional investigation following a series of explosions from SpaceX launches. Securities and Exchange Commission Musk is in litigation with the SEC about his takeover of Twitter in 2022, with Musk responding to the allegations next month. The regulator also opened an investigation into his company Neuralink according to a December letter from Musk’s lawyer which he posted on social media platform X. Federal Trade Commission The FTC is an agency for consumer protection that protects companies on social media such as Musk’s platform X and protects the privacy of children. The FTC, which also enforces antitrust legislation, recently opened an investigation into coordination between media watchdog groups, some of which have accused Musk of orchestrating an illegal group advertising against his website on social media. This article was generated from an automated news agency feed without edits to text.