this post was submitted on 17 Feb 2025
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[–] [email protected] 6 points 5 days ago (2 children)

Which SpaceX subsidies are you referring to? Just the contracts they're fulfilling for NASA and the DOD?

[–] [email protected] 22 points 4 days ago (3 children)

Nice try.

https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html

Musk is insane and lies when he opens his mouth. The whole operation runs on government dollars and tax breaks.

[–] Professorozone 7 points 4 days ago (1 children)

I was wondering the same thing. I wasn't aware he got subsidies. The article only pinpoints $4.9B, but it's an old article. Thanks for sharing.

[–] [email protected] 0 points 4 days ago (1 children)
[–] [email protected] 3 points 4 days ago (1 children)

Yes, it talks about spacex winning $17B in federal contracts from the US government. That's not subsidies. The US government is a customer.

If we assume the 1B is the rest for Tesla, that's in EV subsidies. It isn't just Tesla that benefits from those. Any manufacturer that sells EVs does.

[–] [email protected] -1 points 4 days ago (1 children)

Yeah I just gave you a potential source for the meme but I guess if you really want to ride on his dick, he'sonly had 5 billion dollars in subsidies. And if you really want to be technical, that was as of 2015 before inflation. My apologies for stepping on your toes.

https://fortune.com/2025/02/13/elon-musk-rich-taxpayer-expense/

[–] [email protected] 3 points 4 days ago

No need to be so combative. A shitty meme presenting falsehood does not help furthering the cause to tax the wealthy.

[–] [email protected] 2 points 4 days ago* (last edited 4 days ago)

@[email protected]

The article linked in the post I'm replying to, while from 2015, details $5.9 billion of subsidies that no-one I know approved in forms including tax breaks, century long $1 leasing deal in New York, rebates, and gifted sellable carbon credits.

This is separate to the $5.5 billion in SpaceTwitter contracts.

Both numbers, have, I'm sure I don't need to check any data sets to see have gone up in the 10 years since.

[–] [email protected] 0 points 4 days ago (1 children)

Looks like state subsidies, not federal?

On a smaller scale, SpaceX, Musk’s rocket company, cut a deal for about $20 million in economic development subsidies from Texas to construct a launch facility there.

Included in the local subsidies is a 15-year property tax break from the local school district worth $3.1 million to SpaceX. O

[–] [email protected] 0 points 4 days ago

Nice try, stan

[–] IncogCyberspaceUser 4 points 4 days ago (1 children)

If that's the case, which I suspect it is, we look really fucking dumb being so hyperbolic(or what would the word be here? I just woke up). Let's not stoop to their level with nonsense like this, there are plenty of legitimate criticisms to be made.

[–] [email protected] 2 points 4 days ago (1 children)

The complete opposite is the case. Musk is lying through his teeth. The whole world sees it, just some folks still don't want to accept it.

[–] IncogCyberspaceUser 8 points 4 days ago (1 children)

I'm not sure what you're trying to say in response to what I said. I'm not denying that Musk lies.
I'm saying calling money from government contracts for NASA and the likes subsidies is not correct. Unless my definition of subsidies isn't right and needs expanding.

[–] [email protected] 1 points 4 days ago (1 children)

I'd agree that unnecessary contracts are subsidies but then that just pushes your point down the road a little bit. I'd say that maintaining the ISS isn't unnecessary, for instance.

[–] Argonne 2 points 4 days ago (1 children)

Maintaining the ISS is absolutely necessary unless you want brainrot like RFK Jr and have all your best scientists move to Chinas new space station projects. The world is a complicated place, but shunning science and space is not the answer

[–] [email protected] 2 points 4 days ago

That's exactly what I said.