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Somehow I doubt that NASA would go this route. I do not believe Musk will want the impression that his political affiliation is benefitting him. My guess is, most likely, the Lunar Gateway will be killed as part of a cost-reduction effort. This would also kill Musk's Dragon XL.

Some of those funds would be diverted to LEO space stations, primarily benefitting Blue Origin and others, though SpaceX may indirectly benefit. The question is what will be done with SLS? At the minimum, I think EUS could be killed as well.

Both moves will free up billions of dollars for a mix of accelerating a return to the Moon and deficit reduction, without directly benefitting SpaceX in any way or creating the impression of favoritism. Of course, they also lay the groundwork for an eventual SLS cancellation that would come once Starship is operational.

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