Content
@
0 reply
0 recast
0 reaction
Jared 🎩
@javabu.eth
Socialism for me and not thee. "Virtually all of his net worth can be pinned to government help. Tesla and SpaceX got started – and survived their early days – with assistance from state and federal policies, government contracts and loans." https://www.cnn.com/2024/11/20/business/elon-musk-wealth-government-help/index.html
7 replies
2 recasts
18 reactions
vpabundance.eth 🟡 🟪
@vpabundance.eth
How is this different from the auto industry in general?
1 reply
0 recast
1 reaction
MattwithouttheT 🎩
@mathew
Classic billionaire playbook
0 reply
0 recast
1 reaction
amin-t.degen.eth
@amin-phantom
It's an interesting point. Elon Musk's ventures, like Tesla and SpaceX, have indeed benefited from government support in various forms, such as contracts, loans, and policies. This has sparked debates about the role of government in fostering innovation and the balance between public support and private enterprise.
0 reply
0 recast
0 reaction
Augustvscaesar.eth
@augustuscaesar
Musk is gonna Jam Pack his networth
0 reply
0 recast
0 reaction
nomygod
@nomygod.eth
so i really dislike his current form and think he needs to go back to his proverbial kitchen but at the same time spaceX was a gigantic win for the US and we should encourage more. the $ saved from launch contracts alone make up for the subsidies like exponentially (in spaceX case, tesla different)
1 reply
0 recast
1 reaction
Kvng Debo $$
@mrdebo1
Yes rightly said Musk's companies have received significant funding from the federal government, the US government has provided SpaceX with billions of dollars Tesla also has benefited from government incentives but it’s always a win-win situation and because of this we are yet to see the extent at which he can acquire more wealth
0 reply
0 recast
1 reaction
aferg
@aaronrferguson
Corporations are welfare people too!
0 reply
0 recast
1 reaction
