Wait, the FAA wants to own a portion of the company? As in, the government believes it had the authority to own the means of production?
Is this more common than I realize in US executive deparyments and agencies?
I took it to mean that somebody in government is pushing to invest public money in this private company.
What do you mean? The Trump administration is the most socialist since the the 30s, seriously.The government now owns dozens of large companies and is giving individual citizens shares (with those "Trump accounts" for kids etc.)
The current administration has taken govt stakes in over 40 companies. I don’t have a link handy but I believe this is unprecedented for the US.