President Elon Musk
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Elon Musk's SpaceX and Tesla get far more government money than NPR
Musk, too, is the beneficiary of public-private partnerships
By Tim Fernholz
April 13, 2023
qz.com
subsidytracker.goodjobsfirst.org
subsidytracker.goodjobsfirst.org
President Obama and Musk at Space X facility
This week’s Twitter kerfuffle is all about public funding. Elon Musk decided to label National Public Radio’s account first as “government-influenced media,” which it previously applied to state-operated media outlets that shade into propaganda. Later, the label was changed to “government-funded media.”
NPR, which maintains that its editorial content is independent and has a history of running stories critical of the US government, decided to leave the platform rather than accept either new label.
While NPR does receive government funding through grants, it says that money represents less than 1% of the nonprofit’s revenue. In 2022, NPR reported $309 million in revenue; it noted an $80,000 grant from the National Endowment for the Arts, while its member stations may receive government funding that contributes to their license payments.
Critics quickly pointed out that two of Musk’s most successful companies, SpaceX and Tesla, are also government funded, and indeed receive much more money as a share of revenue and an absolute number.
SpaceX’s ties to the US government
SpaceX is, after all, primarily a government contractor, racking up $15.3 billion in awarded contracts since 2003, according to US government records. Its most important businesses are launching astronauts and scientific missions for NASA, and flying satellites for the US military.
Musk may quibble that payments for goods and services aren’t government subsidies but he owes the existence of the company to NASA. If the US space agency hadn’t backed the rocket-maker with a critical contract in 2008, the company likely would have failed.
Moreover, SpaceX’s business model has been working with NASA to develop space vehicles like the Falcon 9 and Dragon that it can then offer to private customers. These public-private partnerships have saved money for the government while helping to create a surge in private space activity; they aren’t the result of an entrepreneur acting alone. Meanwhile, SpaceX sought and is still seeking $885 million in government funding to support broadband access in rural communities.
Tesla has been supported by government subsidies
Tesla, on the other hand, has actually benefitted from a number of outright subsidies created by the US government to encourage the development of electric vehicles to reduce carbon emissions. Notably, the auto company received a $465 million preferential loan from the US Department of Energy in 2010, which it paid off in 2013.
Through 2020, the company benefited significantly from tax credits given to consumers who buy electric cars, which have reduced the cost of Tesla vehicles by $4,000 to $7,500. One attempt to track all these subsidies, including state and local incentives to support manufacturing facilities, estimates the total benefits at nearly $3 billion.
Why is Musk going after NPR?
It’s strange that Musk is making such a big deal about NPR’s government funding, especially when Tesla is working to take advantage of the newest set of EV tax credits passed as part of the Inflation Reduction Act by cutting prices and ensuring its batteries are made in the US.
At an earlier point in his political evolution, Musk was often criticized by the right—notably 2012 Republican presidential candidate Mitt Romney—for accepting subsidies at Tesla. SpaceX’s rival defense contractors, meanwhile, launched a lobbying campaign criticizing the company’s NASA partnerships as a kind of soft corruption. Despite these experiences, Musk has never been shy about suggesting that competitors benefit from overly generous government support (sometimes with good reason.)
Musk, too, is the beneficiary of public-private partnerships
By Tim Fernholz
April 13, 2023
Elon Musk's SpaceX and Tesla get far more government money than NPR
Musk, too, is the beneficiary of public-private partnerships
qz.com
Subsidy Tracker
Subsidy Tracker, produced by the Corporate Research Project of Good Jobs First, is a wide-ranging database on misconduct by large and small corporations throughout the United States.
subsidytracker.goodjobsfirst.org
Subsidy Tracker
Subsidy Tracker, produced by the Corporate Research Project of Good Jobs First, is a wide-ranging database on misconduct by large and small corporations throughout the United States.
subsidytracker.goodjobsfirst.org
President Obama and Musk at Space X facility
This week’s Twitter kerfuffle is all about public funding. Elon Musk decided to label National Public Radio’s account first as “government-influenced media,” which it previously applied to state-operated media outlets that shade into propaganda. Later, the label was changed to “government-funded media.”
NPR, which maintains that its editorial content is independent and has a history of running stories critical of the US government, decided to leave the platform rather than accept either new label.
While NPR does receive government funding through grants, it says that money represents less than 1% of the nonprofit’s revenue. In 2022, NPR reported $309 million in revenue; it noted an $80,000 grant from the National Endowment for the Arts, while its member stations may receive government funding that contributes to their license payments.
Critics quickly pointed out that two of Musk’s most successful companies, SpaceX and Tesla, are also government funded, and indeed receive much more money as a share of revenue and an absolute number.
SpaceX’s ties to the US government
SpaceX is, after all, primarily a government contractor, racking up $15.3 billion in awarded contracts since 2003, according to US government records. Its most important businesses are launching astronauts and scientific missions for NASA, and flying satellites for the US military.
Musk may quibble that payments for goods and services aren’t government subsidies but he owes the existence of the company to NASA. If the US space agency hadn’t backed the rocket-maker with a critical contract in 2008, the company likely would have failed.
Moreover, SpaceX’s business model has been working with NASA to develop space vehicles like the Falcon 9 and Dragon that it can then offer to private customers. These public-private partnerships have saved money for the government while helping to create a surge in private space activity; they aren’t the result of an entrepreneur acting alone. Meanwhile, SpaceX sought and is still seeking $885 million in government funding to support broadband access in rural communities.
Tesla has been supported by government subsidies
Tesla, on the other hand, has actually benefitted from a number of outright subsidies created by the US government to encourage the development of electric vehicles to reduce carbon emissions. Notably, the auto company received a $465 million preferential loan from the US Department of Energy in 2010, which it paid off in 2013.
Through 2020, the company benefited significantly from tax credits given to consumers who buy electric cars, which have reduced the cost of Tesla vehicles by $4,000 to $7,500. One attempt to track all these subsidies, including state and local incentives to support manufacturing facilities, estimates the total benefits at nearly $3 billion.
Why is Musk going after NPR?
It’s strange that Musk is making such a big deal about NPR’s government funding, especially when Tesla is working to take advantage of the newest set of EV tax credits passed as part of the Inflation Reduction Act by cutting prices and ensuring its batteries are made in the US.
At an earlier point in his political evolution, Musk was often criticized by the right—notably 2012 Republican presidential candidate Mitt Romney—for accepting subsidies at Tesla. SpaceX’s rival defense contractors, meanwhile, launched a lobbying campaign criticizing the company’s NASA partnerships as a kind of soft corruption. Despite these experiences, Musk has never been shy about suggesting that competitors benefit from overly generous government support (sometimes with good reason.)
USAID is now under the control of the State Department. Where is a quote from Lil Marco about the issue? Or is the statement from the USAID department inside of DoS?State Dept. Suspends Plan to Buy Armored Teslas
Vehicles made by Elon Musk’s company were on a purchase list issued before Donald Trump was inaugurated and before Mr. Musk became one of the president’s top advisers.
State Dept. Suspends Plan to Buy Armored Vehicles From Elon Musk’s Tesla
Vehicles made by Elon Musk’s company were on a purchase list issued before Donald Trump was inaugurated and before Mr. Musk became one of the president’s top advisers.www.nytimes.com
Several news outlets reported that the State Department’s procurement forecast for 2025 included $400 million for armored Tesla vehicles.
Elon Musk savaged as SpaceX gets new $40m defense contract amid his cutting of federal spending
‘Hey, @elonmusk, I found some corruption for DOGE to take a look at,’ on X user quippedMike Bedigan
in New York
13 February 2025
Elon Musk savaged as SpaceX gets new $40m defense contract amid federal cuts
‘Hey, @elonmusk, I found some corruption for DOGE to take a look at,’ on X user quipped
www.independent.co.uk
Have you met the children from William and Kate?
Work-life balance: Forget 70 or 90 hours workweek, Elon Musk says 120-hours per week at DOGE
Musk’s post on X (formerly Twitter) quickly caught everyone’s eye. He proudly declared that DOGE follows a tough schedule, with employees working 17 hours a day, seven days a week, or 24-hour shifts for five days. While some supported Musk’s approach, many others were shocked by the idea of such long hours. Critics pointed out the toll it could take on workers’ health and wondered how anyone could stay at their best without proper rest.
Story by TOI Lifestyle Desk
February 4, 2025
Musk’s post on X (formerly Twitter) quickly caught everyone’s eye. He proudly declared that DOGE follows a tough schedule, with employees working 17 hours a day, seven days a week, or 24-hour shifts for five days. While some supported Musk’s approach, many others were shocked by the idea of such long hours. Critics pointed out the toll it could take on workers’ health and wondered how anyone could stay at their best without proper rest.
Story by TOI Lifestyle Desk
February 4, 2025
Somebody posted this in another thread, but I couldn’t find it.
In Oval Office, Elon Musk shows the world Trump ‘is not the boss of me’
In Oval Office, Elon Musk shows the world Trump ‘is not the boss of me’