[pclmulqdq]

There's a fixed pool of money ($16 billion), so everyone who gets some of it does replace a denied org.

[inemesitaffia]

You have no idea how this works. Denied money isn't redistributed.

Where do people get this from?

Maybe there will be a future award. But there's no rollover here.

[pclmulqdq]

Two facts let you conclude this easily:

1. Money is fungible

2. Grant applications are still open

So money not spent on SpaceX can go to a future application.

[inemesitaffia]

In 2026