The Purge

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All government money to Elon Musk, consisting of discounted loans, grants, environmental tax credits, and subsidies equals $4.9 billion or about one percent of Elon Musk‘s net worth

That information is from 2015

By Jerry Hirsch
May 30, 2015 8 AM PT

Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space.
And he’s built those companies with the help of billions in government subsidies.
Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups. https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html


Makes you wonder how much he's gotten in govt "assist" since then, I've read figures in Barrons (Nov 2024) its now closer to $20 Billion https://www.barrons.com/articles/elon-musk-companies-money-federal-government-0683b7d9

 

[Trell]

That information is from 2015

By Jerry Hirsch
May 30, 2015 8 AM PT

Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space.
And he’s built those companies with the help of billions in government subsidies.
Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups. https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html


Makes you wonder how much he's gotten in govt "assist" since then, I've read figures in Barrons (Nov 2024) its now closer to $20 Billion https://www.barrons.com/articles/elon-musk-companies-money-federal-government-0683b7d9

Good find: I just thought he made that up like he often does.