Elon Musk Collaborates with Boeing to Expedite Overbudget Air Force One Project

The effort aims to address delays and cost overruns as Boeing faces mounting financial challenges and pressure from President Trump.

Elon Musk, in his role as head of the Department of Government Efficiency, is working with Boeing to accelerate the delayed Air Force One replacement project.
The two Boeing 747 jets, originally slated for delivery by 2022, are now expected no earlier than 2027 due to labor constraints, supply chain issues, and design changes.
Boeing has incurred over $2 billion in losses on the fixed-price contract, though taxpayers remain shielded from additional costs as per the agreement's terms.
President Trump has expressed urgency in receiving the planes, prompting Musk and Boeing to explore contract adjustments and process improvements to hasten delivery.
Boeing continues to face significant financial struggles, reporting a $4 billion operating loss in the last quarter and cumulative losses exceeding $51 billion since 2018.