Published 11 days ago • loading... • Updated 1 day ago

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

Since 2006, Elon Musk's companies have received at least $38 billion in government subsidies, tax credits, contracts, and loans, according to an extensive Washington Post investigation.
In 2024, Musk's companies received $6.3 billion in state and local commitments, as reported by The Washington Post.
Musk has advised on government downsizing, resulting in over 30,000 federal employee cuts, as noted by Bloomberg Law.
Musk has publicly criticized government spending while benefiting from taxpayer support, showcasing a contradiction in his public persona, as highlighted by Tim Wu.

Insights by Ground AI

Does this summary seem wrong?

46 Articles

All

Left

Center

Right

Inquisitr

The Truth Behind Elon Musk’s $38 Billion—And How It Came From YOUR Taxes!

Elon Musk has a whopping billion dollar empire and it stands on tax payer dollars. Find Out How?

1 day ago·United States

Read Full Article

Chico Enterprise-Record

Letter: Beware the billionaires’ deep-state dangers

Our government is rife with waste, fraud and abuse, that benefits billionaires. Don’t expect billionaires to stop it. Musk is the unelected deep-state now, working on behalf of the wealthy, not you. — Richard Sparkle, Chico

2 days ago

Read Full Article

Sydney Morning Herald

Does Elon Musk actually know what efficiency is?

The billionaire’s quest for maximum efficiency is making people less efficient, and will cost Americans far more than he’s trying to save. How is this good business?

2 days ago·Sydney, Australia

Read Full Article

Star 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.

3 days ago·Minneapolis, United States

Read Full Article

Greenfield 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?

3 days ago

Read Full Article

Alaska Native News

As Musk Attacks Public Workers, Analysis Details $38 Billion in Taxpayer Gifts to World's Richest Man - Alaska Native News

A former member of the National Economic Council under Biden asked if anyone can “think of another way to save over $38 billion that doesn’t involve vandalizing agencies.” A group of Washington Post journalists on Wednesday published what appears to be the most comprehensive readout to date of the government contracts, loans, subsidies, and tax credits that the companies […] The post As Musk Attacks Public Workers, Analysis Details $38 Billion i…

3 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year