40% to 70% of SpaceX's revenues are from the government (who knows). Even if you go with 40%...even if you went with 10%, do you believe SpaceX can afford Starship on its own?

The big risk hanging over Starlink, SpaceX's biggest non government revenues is a big Carrington Event. No one knows. Then there's the growing recession.

And UAL's problems are NOT good for SpaceX. The U.S. can't rely on only one provider so that problem is both SpaceX and UAL's problem.

So I agree with you but for different reasons. The President is the least of the risks ;)