Musk, too, is the beneficiary of public-private partnerships.
SpaceX is, after all, primarily a government contractor, racking up $15.3 billion in awarded contracts since 2003, according to US government records. Its most important businesses are launching astronauts and scientific missions for NASA, and flying satellites for the US military.Musk may quibble that payments for goods and services aren’t government subsidies but he owes the existence of the company to NASA.
create a surge in private space activity; they aren’t the result of an entrepreneur acting alone. Meanwhile,Tesla has been supported by government subsidies Tesla, on the other hand, has actually benefitted from a number of outright subsidies created by the US government to encourage the development of electric vehicles to reduce carbon emissions. Notably, the auto company received aThrough 2020, the company benefited significantly from tax credits given to consumers who buy electric cars, which have reduced the cost of Tesla vehicles by $4,000 to $7,500.
, including state and local incentives to support manufacturing facilities, estimates the total benefits at nearly $3 billion.It’s strange that Musk is making such a big deal about NPR’s government funding, especially whenof the newest set of EV tax credits passed as part of the Inflation Reduction Act by cutting prices and ensuring its batteries are made in the US.
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