6 points | by Betelbuddy 10 hours ago ago
3 comments
Great SpaceX can finance Teslas losses via government grants (our taxes). More corporate welfare for the worlds richest man.
SpaceX has taken $20M state/local grants and about $100M for R&D on various NASA space programs. https://subsidytracker.goodjobsfirst.org/parent/space-explor...
That's over their entire lifespan. While they just made $4B in earnings in a single quarter in Q3 2026, probably $30B around in revenue for 2026... They've definitely paid far more than their subsidies back in taxes over the years.
Yeah, whatever.
Great SpaceX can finance Teslas losses via government grants (our taxes). More corporate welfare for the worlds richest man.
SpaceX has taken $20M state/local grants and about $100M for R&D on various NASA space programs. https://subsidytracker.goodjobsfirst.org/parent/space-explor...
That's over their entire lifespan. While they just made $4B in earnings in a single quarter in Q3 2026, probably $30B around in revenue for 2026... They've definitely paid far more than their subsidies back in taxes over the years.
Yeah, whatever.