Was Elon Musk’s Business Empire Built From US Government Help?

Elon Musk’s Business Empire
Elon Musk’s Business Empire

Right after one week leaving the Trump Administration DOGE with every semblance of amity, the world’s richest person Elon Musk is going scorched earth against the leader of the world’s richest nation Donald Trump.

But when it comes down to brass tacks, what exactly does musk stand to lose in this titanic celebrity divorce? If trump were to follow through on all his threats, and use every available weapon against musk’s business empire, how badly could it hurt him?

Was Elon Musk’s Business Empire Built From US Government

Elon Musk and his cost-cutting U.S. DOGE Service team have been on a mission to trim government largesse. Yet Musk is one of the greatest beneficiaries of US taxpayers.

Over the years, Musk and his businesses have received at least $38 billion in government contracts, loans, subsidies and tax credits, often at critical moments, a Washington Post analysis has found, helping seed the growth that has made him the world’s richest person.

The payments stretch back more than 20 years. Shortly after becoming CEO of a cash-strapped Tesla in 2008, Musk fought hard to secure a low-interest loan from the Energy Department, according to two people directly involved with the process, holding daily briefings with company executives about the paperwork and spending hours with a government loan officer.

When Tesla soon after realized it was missing a crucial Environmental Protection Agency certification it needed to qualify for the loan days before Christmas, Musk went straight to the top, urging then-EPA Administrator Lisa Jackson to intervene, according to one of the people. Both people spoke on the condition of anonymity for fear of retribution.

Was Elon Musk’s Business Empire Built From US Government

An additional 52 ongoing contracts with seven government agencies including NASA, the Defense Department and the General Services Administration are on track to potentially pay Musk’s companies an additional $11.8 billion over the next few years, according to The Post’s analysis. Government contracts to SpaceX from NASA and the Defense Department make up the majority of funds. Tesla has earned $11.4 billion in regulatory credits from federal and state programs aimed at boosting the electric-car industry, and experts say its sales have been bolstered by a federal $7,500 electric-vehicle tax credit for consumers.

Was Elon Musk’s Business Empire Built From US Government

Musk has called for an end to that consumer credit, arguing his competitors need the incentive more than Tesla. DOGE, which stands for Department of Government Efficiency, has sought to cut staff, slash budgets or cut contracts at all seven of the agencies where Musk’s companies have ongoing contracts. That includes the General Services Administration, Defense Department and Transportation Department.

Musk’s relationships with government agencies have at times been mutually beneficial: His ventures have pioneered new markets that have advanced U.S. government goals, including space exploration and the expansion of electric vehicles. And while many of the government programs Musk has benefited from are open to others in the electric-vehicle industry, no other company has gone on to achieve Tesla’s market dominance.

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