President Donald Trump's new administration is likely to do away with the White House's National Space Council, a cabinet policy panel that lobbyists at Elon Musk's SpaceX have been pushing to axe, according to three people familiar with the plans.

After heavy lobbying by SpaceX, President Trump now seems poised to disband the White House's National Space Council.

According to a Reuters report, President Donald Trump’s administration is preparing to abolish the National Space Council, a key policy body for coordinating the United States’ space agenda, citing inefficiency and lack of utility.