Re:The Decline of the U.S. Machine-Tool Industry and Prospec...
by mindslight on Wednesday April 09, 2025 @03:39PM
(#43636787)
> So how much subsidy did Musk receive for SpaceX? (The answer is $0.)
Wut? SpaceX's largest customer is the government. If you're just looking to play semantic games where that revenue isn't a "subsidy" then I don't see how it's possible to have a conversation.
You also didn't address the other point, which is especially salient given that Musk has now spent a chunk of his concentrated wealth lobbying gain significant control of the government that gives him funding. But I guess revolving doors, corruption, and grift is just normalized good behavior in 2025 as long as the person is wearing the right color hat?
SpaceX is worth around $390 billion.
> some of Musk's riches are due to actual wealth creation
Very generous of you! LOL