Space

Elon Musk Furious that the Government Isn't Giving Him More Free Money

By Aazam

October 01, 2022

Elon Musk claims that the US government is not allocating the grants and subsidies to him

The Federal Communications Commission have blocked an $885.5 million broadband funding grant to SpaceX's Starlink satellite internet service

However in reality the companies of Elon Musk have received billions of dollars in US government funding

Musk has taken an anti-subsidy stance because President Joe Biden is making a . plan to boost the electric vehicle industry with grants

In 2015, the panel of financial experts warned that the Government budget is not open to Elon Musk

Tesla has sold off $6 billion in regulatory tax credits however in actual  financial position the company is more profitable

In 2015, the Los Angeles Times reported that Tesla, SpaceX, and SolarCity had been granted a cumulative $4.9 billion from various federal agencies