Anonymous ID: 332a8c April 11, 2019, 4:43 p.m. No.6143407   🗄️.is 🔗kun   >>3412 >>3502

>>6143257

=Elon Musk's growing empire is fueled by $4.9 billion in government subsidies==

 

Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space.

 

And he's built those companies with the help of billions in government subsidies.

 

Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups.

 

"He definitely goes where there is government money," said Dan Dolev, an analyst at Jefferies Equity Research. "That's a great strategy, but the government will cut you off one day."

 

The figure compiled by The Times comprises a variety of government incentives, including grants, tax breaks, factory construction, discounted loans and environmental credits that Tesla can sell. It also includes tax credits and rebates to buyers of solar panels and electric cars.

 

https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html

Anonymous ID: 332a8c April 11, 2019, 4:48 p.m. No.6143475   🗄️.is 🔗kun   >>3484 >>3515 >>3549

>>6143391

Read your own sauce.

 

Forbes reported in April 2018 that Musk invested roughly $100 million of his own money in SpaceX, while NASA and the U.S. Air Force allocated at least $5.5. billion to various SpaceX ventures, according to The Los Angeles Times.

Anonymous ID: 332a8c April 11, 2019, 4:54 p.m. No.6143567   🗄️.is 🔗kun   >>3586

>>6143484

So, according to this, 2009 NASA spending was $19,168,000,000 spent out of $3,517,681,000,000 budget for 0.54% by Barack Obama, Dem.

 

Does this make giving Elon $5,500,000,000 on top of that better?