Skip to content

Elon Musk’s Companies Rake in $38 Billion in Government Funds

Elon Musk’s companies have received a staggering $38 billion in government funds over the past two decades. This figure, primarily from publicly available contracts, does not include classified defense and intelligence work. SpaceX, for instance, has been developing spy satellites for the National Reconnaissance Office, with one contract alone worth $1.8 billion. Additionally, there are nearly a dozen other local grants, reimbursements, and tax credits where the exact amounts remain undisclosed. This financial support highlights the significant role government funding plays in the operations and growth of Musk’s enterprises.

Source: flowingdata.com

Related Links

Related Videos