Elon Musk doesn’t like cronyism in stimulus funding? His company is built on the stuff
Musk is a classic mixed bag. Good on some things, awful on others. But one thing is absolutely true. Elon Musk’s ventures have been subsidized, and for years, by taxpayers. For him to decry cronyism at this point is a bit rich.
But not as rich as he is.
(From The Washington Examiner)
While Musk’s companies are still seeking government funding in the form of tax breaks and job-training assistance, Tesla would more than likely still be a successful company without government funding. SpaceX would probably still be competitive in the private sector’s race to space, but it would have been private sector money taking the risk instead of public sector money.
This article was originally posted here: https://www.ac2news.com/2020/08/elon-musk-doesnt-like-cronyism-in-stimulus-funding-his-company-is-built-on-the-stuff/.