He dropped it on the floor and bent over to pick it up and ripped open his pants instead

What’s a word that sounds like no, is spelled with the letters n and o and makes is defined in the dictionary as

“a way that shows a negative response”

So to answer your question, he did in fact not rip up that contract. Hopefully today he does rip it up.

Update: Ford has apparently ripped up the starlink contract with F’elon Musk ask his nazi party. Good!!