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Elon Musk’s Companies Have Received $38 Billion in Government Support, Washington Post Reports

  • Elon Musk has received at least $38 billion in government subsidies, tax credits, contracts, and loans since 2006, according to a Washington Post investigation.
  • In 2024, Musk's companies received $6.3 billion in state and local commitments.
  • Despite advocating for less government spending, Musk's businesses significantly rely on taxpayer funding.
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Star TribuneStar Tribune

How Elon Musk executed his takeover of the federal bureaucracy

The operation was driven with a frenetic focus by the billionaire, who channeled his resentment of regulatory oversight into a drastic overhaul of government agencies.

·Minneapolis, United States
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Greenfield RecorderGreenfield Recorder

Bill Lafley: Targeting fossil fuel subsidies?

I am just sitting and wondering if President Musk is going to take his chain saw to the $757 billion in federal subsidies to the fossil fuel industry or the $20 billion that Space X gets in federal money?

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MSNBCMSNBC

‘Backroom deal in plain sight’: Musk empire built on $38 billion in gov. funding, report alleges

Elon Musk's business empire is built on $38 billion in government funding, a new report alleges. Meanwhile, Musk is profiting off of government contracts while pushing layoffs.

·United States
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MediaiteMediaite

Kevin McCarthy Claims America Didn’t Build Rockets Until Elon Musk Arrived: ‘He Should Be Given a Medal’

Former Speaker Kevin McCarthy falsely credited South Africa-born billionaire Elon Musk with building the first rockets in the United States.

·United States
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NationofChangeNationofChange

Elon Musk’s billionaire welfare: How the world’s richest man built his empire on government funds while attacking public workers

An extensive Washington Post investigation has revealed a very different reality—one where Musk’s business empire has been deeply dependent on taxpayer money.

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DCCCDCCC

Elon Musk Calls For Massive Cuts To Social Security. How Quickly Will Monica De La Cruz Cave to His Demands?

Washington Post: “Social Security Administration leadership is under instruction to swiftly produce plans to cut its staff by half …” Just a day after Monica De La Cruz jeopardized health care coverage for millions of Americans with a cruel budget blueprint, Elon Musk and the so-called Department of Government Efficiency has laid its eyes on their next target: America’s seniors. According to new reporting from the Washington Post, Musk has orde…

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Forbes broke the news in United States on Friday, February 21, 2025.
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