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Macron calls Musk ‘an oversubsidised guy’, prompting retort

  • On February 11, 2026, President Emmanuel Macron called Elon Musk `over-subsidised` during a speech to industrialists in Antwerp, citing state support for Starlink.
  • Macron urged a 'Buy European' strategy and joint financing, arguing the US combines private capital with substantial public funding and the EU needs joint EU borrowing.
  • Macron contrasted small support for Tesla and SpaceX with much larger aid, saying government funding for Tesla and SpaceX is about 1% of their value while for major US and European aerospace companies it "exceeds" 100%.
  • Musk responded on X, disputing Macron's claims that he was `over-subsidised` and arguing European states provide larger subsidies, making the dispute public and transatlantic.
  • Framing the debate geopolitically, Macron cited the US and China and said more joint EU debt is the `only way` to compete economically, justifying reshaping EU industrial policy.
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15 Articles

Lean Left

Highlighted by Emmanuel Macron for the subsidies he receives in the United States, Elon Musk subsequently corrected the figures of the tenant of the Elysée

·France
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Lean Left

Emmanuel Macron called on him on Wednesday, to protect European public investment in the industrial field, to the American billionaire Elon Musk, who said he is "a subsidized guy" by the US federal state for the system...

·Romania
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Center

Emmanuel Macron described Elon Musk as a US state-subsidized "Sudden" for Starlink, causing the billionaire's replica on his social network X. ...

·Brussels, Belgium
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bienpublic.com broke the news in on Wednesday, February 11, 2026.
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