On a smaller scale, SpaceX, Musk’s rocket company, cut a deal for about $20 million in economic development subsidies from Texas to construct a launch facility there.
Included in the local subsidies is a 15-year property tax break from the local school district worth $3.1 million to SpaceX. O
The article linked in the post I’m replying to, while from 2015, details $5.9 billion of subsidies that no-one I know approved in forms including tax breaks, century long $1 leasing deal in New York, rebates, and gifted sellable carbon credits.
This is separate to the $5.5 billion in SpaceTwitter contracts.
Both numbers, have, I’m sure I don’t need to check any data sets to see have gone up in the 10 years since.
Which SpaceX subsidies are you referring to? Just the contracts they’re fulfilling for NASA and the DOD?
Nice try.
https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html
Musk is insane and lies when he opens his mouth. The whole operation runs on government dollars and tax breaks.
Looks like state subsidies, not federal?
Nice try, stan
@IncogCyberspaceUser@lemmy.world
The article linked in the post I’m replying to, while from 2015, details $5.9 billion of subsidies that no-one I know approved in forms including tax breaks, century long $1 leasing deal in New York, rebates, and gifted sellable carbon credits.
This is separate to the $5.5 billion in SpaceTwitter contracts.
Both numbers, have, I’m sure I don’t need to check any data sets to see have gone up in the 10 years since.