Boeing has lost more than $2 billion producing the Next Air Force One after President Donald Trump renegotiated the deal in his first term.

Elon Musk used his new government efficiency role to stop by the operations of his competitor Boeing to look into the long-delayed efforts to renovate two 747 jets into the next generation of Air Force One jets,

Boeing's Air Force One program is more than $2 billion over budget and the aircraft have been delayed. President Donald Trump struck a deal for the replacement aircraft during his first term. Boeing is working with Trump advisor Elon Musk on ways to deliver delayed,

President-elect Donald Trump boarded Air Force One on Saturday to return to Washington, D.C., for his second inauguration. Newsweek reached out to the Trump transition team for comment by email on Saturday evening.

Boeing has already amassed $2.6 billion of reach-forward losses on the $3.9 billion fixed-price VC-25B contract as of Q2 2024.

Air Force None After leaving the federal government's operations in shambles and causing major confusion over healthcare funding, SpaceX CEO and White House advisor Elon Musk is prioritizing the delivery of a pair of luxurious Boeing 747s so he and president Donald Trump can jet around in style.