It Turns Out SpaceX and Tesla Get Way More Government Money … – Futurism
His decision to slap a "government-funded media" label on NPR's Twitter account makes no sense.The Taxman Cometh
It looks like Elon Musk needs to put his or the taxpayer's money where his mouth is when it comes to "government-funded" enterprises.
The Twitter owner's controversial decision to slap a "government-funded media" label on NPR's account led to the independent public broadcaster's exitfrom the social network.
Many saw the move as hypocritical, Gizmodo reports, since several of Musk's ventures, including SpaceX and Tesla rely far more on government funding.
While NPRdoes receive public grants, they only account for one percent of its revenue, the nonprofit news service claims. Those grants were only one percent of the organization's $309 million revenue last year, though that percentage doesn't include the government grants some of NPR's local affiliates use to pay their licensing fees.
Compared to the amount of money Musk's ventures have received from the government over the years, that's chump change.
SpaceX alonegot a whopping $2.8 billion in government contracts last year, according toThe Information, and has gotten a total of $15.3 billion from the government since 2003.
While Gizmodo notes that Musk insists contract awards are not the same as the sort of subsidies that NPR gets,the news site is arguing that were it not for NASA taking a chance on SpaceX, the company would not exist today.
Along with the money SpaceX has been awarded by the US government, the company requested an $885 million subsidy about 295 times more than what NPR got last year for its Starlink satellite broadband service to serve rural communities, but was denied by the Federal Communications Commission. The company has since appealed that decision.
Speaking of subsidies: Tesla has also gotten its own giant share of taxpayer money via grants meant to boost electric vehicle manufacturing, as well as a $465 million preferential loan from the US Department of Energy back in 2010 that Musk, to his credit, did pay off by 2013.
Like countless other companies, Tesla also accepted some untold amount of cash through the Treasury Department's corporate aid during the start of the COVID-19 pandemic in July 2020 and as Insider reported at the time, Musk received them right after tweeting against subsidies.
In short: Tesla and SpaceX are far more "government-funded" thanNPR, but you won't see Musk labeling their Twitter accounts as such.
More on Elon: Twitter Rips Into Elon Musk's New Crypto "Ponzi Scheme"
See the rest here:
It Turns Out SpaceX and Tesla Get Way More Government Money ... - Futurism
- SpaceX investor reportedly buys record-shattering Tahoe home as IPO nears - SFGATE - March 28th, 2026 [March 28th, 2026]
- Exclusive | The SpaceX IPO Will Be Just as Unconventional as Musk Himself - WSJ - March 28th, 2026 [March 28th, 2026]
- SpaceX launches batch of Starlink satellites from the West Coast - Spaceflight Now - March 28th, 2026 [March 28th, 2026]
- SpaceX Aims to File for IPO as Soon as This Week - The Information - March 28th, 2026 [March 28th, 2026]
- SpaceX IPO: What we know about the initial public offering as the eagerly awaited stock listing date nears - Fast Company - March 28th, 2026 [March 28th, 2026]
- SpaceX aims to file for IPO as soon as this week, The Information reports - Reuters - March 28th, 2026 [March 28th, 2026]
- SpaceX Could File to IPO as Soon as This Week. Here's Everything Investors Need to Know. - The Motley Fool - March 28th, 2026 [March 28th, 2026]
- SpaceX reportedly could file for an IPO this week. These funds allow you to invest right now - CNBC - March 28th, 2026 [March 28th, 2026]
- The SpaceX IPO Is Coming. Cathie Woods Ark Venture and More Funds to Get in on the Action. - Barron's - March 28th, 2026 [March 28th, 2026]
- Elon Musk Reportedly Weighs Giving Retail Investors 30% Of SpaceX's IPO And Betting They Won't Bail - Yahoo Finance UK - March 28th, 2026 [March 28th, 2026]
- SpaceX to File for US IPO Soon as This Week, Information Says - Bloomberg.com - March 28th, 2026 [March 28th, 2026]
- T-Rex files for leveraged SpaceX, Anthropic ETFs ahead of anticipated IPOs - Reuters - March 28th, 2026 [March 28th, 2026]
- SpaceX could eye record IPO this week as valuation soars past 1.61tn - Euronews.com - March 28th, 2026 [March 28th, 2026]
- The SpaceX IPO will be just as unconventional as Musk himself - MSN - March 28th, 2026 [March 28th, 2026]
- SpaceX Looking to Participate in AWS-3 Auction - broadbandbreakfast.com - March 28th, 2026 [March 28th, 2026]
- Want In On SpaceX Before The IPO? Here Are 5 Funds That Already Own It - Stocktwits - March 28th, 2026 [March 28th, 2026]
- JLR, SpaceX, Lockheed: Top Manufacturing News This Week - Manufacturing Digital - March 28th, 2026 [March 28th, 2026]
- When Will SpaceX Complete Its IPO? Here's When Prediction Market Thinks Elon Musk's Company Will Go Public - Yahoo Finance - March 28th, 2026 [March 28th, 2026]
- Could SpaceX's $1.75 Trillion Valuation Make It the Biggest Public Offering in History? - The Motley Fool - March 28th, 2026 [March 28th, 2026]
- SpaceX isnt just expensive its in a different orbit - Sherwood News - March 28th, 2026 [March 28th, 2026]
- SpaceX reportedly weighs 30% retail allocation for blockbuster IPO - MSN - March 28th, 2026 [March 28th, 2026]
- SpaceX reportedly weighs 30% retail allocation for blockbuster IPO - CNBC - March 28th, 2026 [March 28th, 2026]
- SpaceX Seeks Record IPO with US$75 Billion Raise - Mexico Business News - March 28th, 2026 [March 28th, 2026]
- The woman behind the rocket: Gwynne Shotwell lands cover of Time as SpaceX eyes the Moon and Mars - Dallas Express - March 28th, 2026 [March 28th, 2026]
- EchoStar (SATS) Valuation Check As SpaceX IPO Buzz And S&P 500 Inclusion Drive Investor Interest - simplywall.st - March 28th, 2026 [March 28th, 2026]
- Elon Musk's SpaceX Could File For Its IPO As Soon As This Week, Aiming To Raise $75 Billion: Report - Yahoo Finance - March 28th, 2026 [March 28th, 2026]
- X Lays Off CMO, Other Staff Ahead of SpaceX IPO - The Information - March 28th, 2026 [March 28th, 2026]
- Is merging with SpaceX the new 'master plan' at Tesla? (TSLA:NASDAQ) - Seeking Alpha - March 28th, 2026 [March 28th, 2026]
- Analyzing the SpaceX IPO: What would it take to justify a $1.5 trillion market cap? - Fortune - March 9th, 2026 [March 9th, 2026]
- SpaceX springs forward with another Starlink launch from California (video) - Space - March 9th, 2026 [March 9th, 2026]
- SpaceX wants to launch a million satellites. Here's how that could impact the atmosphere and the night sky - CBC - March 9th, 2026 [March 9th, 2026]
- 3 Things to Know About Starlink Before the Potential 2026 SpaceX IPO - The Motley Fool - March 9th, 2026 [March 9th, 2026]
- This Company Is Launching A Hypersonic Rocket That Could Actually Compete With SpaceX - bgr.com - March 9th, 2026 [March 9th, 2026]
- Where to see rocket as SpaceX launches Starlink mission from Vandenberg - Ventura County Star - March 9th, 2026 [March 9th, 2026]
- SpaceX is poised to raise more money in its IPO than was raised in last years 90 IPOs combined - Fortune - March 9th, 2026 [March 9th, 2026]
- Elon Musk's SpaceX Will Announce Its IPO Before This Date? Here's What The Prediction Market Says - Benzinga - March 9th, 2026 [March 9th, 2026]
- Wireless Carriers Not Worried About Competition from SpaceX - Broadband Breakfast - March 9th, 2026 [March 9th, 2026]
- SpaceX IPO: $50B Raise & $1.5T Valuation Target for 2026 - News and Statistics - IndexBox - March 9th, 2026 [March 9th, 2026]
- Legal fight over SpaceX beach closures hits Texas Supreme Court - The Killeen Daily Herald - March 9th, 2026 [March 9th, 2026]
- SpaceX launches 600th Starlink satellite of 2026 during predawn Falcon 9 rocket flight from Cape Canaveral - Spaceflight Now - March 4th, 2026 [March 4th, 2026]
- SpaceX Pitches Starlink to Wary Telecom Firms in Barcelona - The Information - March 4th, 2026 [March 4th, 2026]
- SpaceX Makes 'Starlink Mobile' Official, But It's Not Competing With Carriers - PCMag - March 4th, 2026 [March 4th, 2026]
- SpaceX bet pays off for RIT Capital Partners - The Times - March 4th, 2026 [March 4th, 2026]
- Did you see the SpaceX Falcon 9 rockets launch? When to see another in SC - Greenville Online - March 4th, 2026 [March 4th, 2026]
- SpaceX rocket creates 'Space Jellyfish' phenomenon during Florida launch - Gulf Coast News and Weather - March 4th, 2026 [March 4th, 2026]
- Florida SpaceX launch makes space jellyfish effect in sky. Heres why this happens - WKMG - March 4th, 2026 [March 4th, 2026]
- SpaceX Rocket launch created a "jellyfish" contrail in the sky. - Tallahassee Democrat - March 4th, 2026 [March 4th, 2026]
- Predawn SpaceX launch creates incredible light show on the Suncoast - ABC7 WWSB - March 4th, 2026 [March 4th, 2026]
- SpaceX rocket launch spotted over Connecticut Sunday night - WFSB - March 4th, 2026 [March 4th, 2026]
- SpaceX to launch Starlink satellites on Falcon 9. Where to see rocket - Ventura County Star - March 4th, 2026 [March 4th, 2026]
- FIRST ALERT: SpaceX Falcon 9 spotted in the Midlands - WIS News 10 - March 4th, 2026 [March 4th, 2026]
- 'Pushing this competition': SpaceX's Starship might not fly on NASA's newly revamped Artemis 3 mission - Space - March 4th, 2026 [March 4th, 2026]
- SpaceX Falcon 9 launch visible from Connecticut as Starlink satellites head to orbit - WFSB - March 4th, 2026 [March 4th, 2026]
- At MWC, SpaceX execs tout Starlink V2 and a key carrier partner for it - Light Reading - March 4th, 2026 [March 4th, 2026]
- SpaceX rocket launching from Florida will be visible in CT on Sunday night - CT Insider - March 4th, 2026 [March 4th, 2026]
- Why This SpaceX-Focused ETF Is Pushing the SECs Limits - The Daily Upside - March 4th, 2026 [March 4th, 2026]
- Microsoft and SpaceX's Starlink partner on global community internet effort - CNBC - February 27th, 2026 [February 27th, 2026]
- February finale: SpaceX wraps up month with three Starlink launches this week - Space - February 27th, 2026 [February 27th, 2026]
- Back-to- back SpaceX, Firefly missions set to go this weekend from Vandenberg - Santa Maria Times - February 27th, 2026 [February 27th, 2026]
- A SpaceX Falcon 9 Streaked Across the Skyand Left 30 Kilograms of Destructive Lithium in Its Wake - Popular Mechanics - February 27th, 2026 [February 27th, 2026]
- SpaceX could seek IPO valuation of over $1.75 trillion, Bloomberg says By Reuters - Investing.com - February 27th, 2026 [February 27th, 2026]
- SpaceX is expanding (again) in Bastrop; building is already as big as a mall - The Business Journals - February 27th, 2026 [February 27th, 2026]
- Musk Reveals when SpaceX Will Attempt a Tower Catch of the Starship Rocket - TipRanks - February 27th, 2026 [February 27th, 2026]
- xAI Co-Founder Toby Pohlen Is Latest Executive to Depart After SpaceX Merger - Bloomberg.com - February 27th, 2026 [February 27th, 2026]
- Everything to know about SpaceX launch Friday from Cape Canaveral, Florida - Daytona Beach News-Journal - February 27th, 2026 [February 27th, 2026]
- Elon Musk's SpaceX to File for IPO As Valuation Tops $1.75T - Coinpaper - February 27th, 2026 [February 27th, 2026]
- What You Need to Know About the SpaceX-xAI Merger Before the 2026 SpaceX IPO - The Motley Fool - February 22nd, 2026 [February 22nd, 2026]
- SpaceXs most-flown Falcon booster launches on record 33rd flight - Spaceflight Now - February 22nd, 2026 [February 22nd, 2026]
- See photos of the Saturday night SpaceX rocket launch from Cape Canaveral - Florida Today - February 22nd, 2026 [February 22nd, 2026]
- Watch the record breaking launch of SpaceX Starlink mission 6-104 - Florida Today - February 22nd, 2026 [February 22nd, 2026]
- SpaceX will resume landing rockets in The Bahamas after raining debris on the country last year - Space - February 22nd, 2026 [February 22nd, 2026]
- SpaceX launches second Falcon 9 rocket to return to a landing in The Bahamas - Spaceflight Now - February 22nd, 2026 [February 22nd, 2026]
- Is there a rocket launch today? How to watch overnight SpaceX mission - The Desert Sun - February 22nd, 2026 [February 22nd, 2026]
- Scientists measure air pollution from reentering SpaceX rocket in real-time: 'It's never been done before' - Space - February 22nd, 2026 [February 22nd, 2026]
- Recap of the Thursday night Bahamas SpaceX rocket launch in Cape Canaveral - Florida Today - February 22nd, 2026 [February 22nd, 2026]
- SpaceX weighs array of structure options for blockbuster IPO - ION Analytics - February 22nd, 2026 [February 22nd, 2026]
- Elon Musk Says SpaceX Will Launch Starship 'Every Hour' In Three Years - Yahoo Finance - February 22nd, 2026 [February 22nd, 2026]
- SpaceX IPO: Everything You Need to Know About the Company - Investing.com - February 22nd, 2026 [February 22nd, 2026]
- Feds approve new Starship flight paths for SpaceX. Heres what we know. - San Antonio Express-News - February 22nd, 2026 [February 22nd, 2026]
- Study Confirms: Reentering SpaceX Rockets Are Peppering the Upper Atmosphere With Metal Pollution - Gizmodo - February 22nd, 2026 [February 22nd, 2026]