The richest man in the world is also world champion in skimming financing and subsidies. After dusting with the US president, he can say goodbye to many benefits.
No wonder that after his social media war against US President Donald Trump he suddenly returned and (in vain) in the hope of a phone call with his former “best buddy” in the White House. Because the threat of the president, Elon Musk companies to withdraw all state subsidies, tax assistance and contracts, would find it difficult for the billionaire financially. According to a report from the Washington Post, the Tesla -Baas had received at least $ 38 billion for its various companies in the last four years.
Compilation of financial support
Here is a compilation of the financial support of tax money that the Musk -Rijk received from the federal government in Washington and American states:
- SpaceX received $ 22 billion from federal funds, as SpaceX president Gwynne Shotwell unveiled.
- Thanks to the contracts, at least 25 percent of SpaceX’s turnover in 2024, around 3.4 billion dollars, ended with the federal government.
- Dozens of new contracts with NASA, the Ministry of Defense and another five federal ministries are interpreted in such a way that Musks will receive another $ 11.8 million in the coming years.
- Between 2022 and 2023, Starlink received a total of six billion dollars from contracts with the government, is in the spending database of the federal government.
- Tesla received more than eleven billion dollars in loans from the federal government and individual states – according to an analysis of the “Washington Post”. This includes $ 2.1 billion in the development of taxpayers of new electric vehicles and batteries.
- Since 2014, a third of Teslas has had $ 36 billion in profit from the sale of government loans to other car manufacturers.
- Since 2007, the Ministry of Energy and the Ministry of Finance Tesla has transferred nearly $ 800 million to development funds.
Musk seems to have overestimated his power in Washington. Because while he had entitled the “True Power” in the White House months ago, he was now dropped like a hot potato by earlier allies in the house of representatives.
Even the controversial parliamentary member Marjorie Taylor Green, who had fully supported him in his Doge cuts, criticized Musk for the public dispute against the president: “It was unnecessary!” Another member of the conservative “Freedomcaucus” of the House of Representatives summarized the reality of the situation: “There is only one President Trump and not President Musk!”
Source: Krone

I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.