privatized companies

Can The US Government Take Over A Private Company?

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Can The US Government Take Over A Private Company? The United States has technically nationalized several companies, usually in the form of a bailout in which the government owns a controlling interest. The bailouts of AIG in 2008 and General Motors Company in 2009 amounted to nationalization, but the U.S. government exerted very little control

Why Has Nasa Turned Over Space Travel To Private Contractors?

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Why Has Nasa Turned Over Space Travel To Private Contractors? NASA has expanded that public-private partnership, allowing SpaceX to fly its most precious resources—its astronauts—to the space station as well. The company also recently won a $3 billion contract to develop the spacecraft that would ferry astronauts to and from the surface of the moon.