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.

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.