Amid Elon Musk's whirlwind campaign to cut thousands of jobs and billions of dollars in government services in the name of efficiency, a bombshell report Wednesday revealed a staggering amount of taxpayer cash that goes directly to him. A deep dive into government contracts, loans, subsidies and tax credits found the South African billionaire has reaped $38 billion dollars of government cash.
WASH POST: "Musk and his businesses received at least $38 billion in government contracts, loans, subsidies & tax credits -- helping seed the growth that has made him the world's richest person." Ungrateful hypocrite doesn't begin to describe this guy. www.washingtonpost.com/technology/i ...
-- The Tennessee Holler (@thetnholler.bsky.social) February 26, 2025 at 8:26 AM
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Musk has inside track to take over contract to fix air traffic communications system
apnews.com
... A satellite company owned by Elon Musk has the inside track to potentially take over a large federal contract to modernize the nation's air traffic communications system.
Equipment from Musk's Starlink has been installed in Federal Aviation Administration facilities as a prelude to a takeover of a $2 billion contract held by Verizon, according to government employees, contractors and people familiar with the work.
Musk said that the network used by air traffic controllers is aging and requires drastic and quick action to modernize it.
"The Verizon system is not working and so is putting air travelers at serious risk," Musk on Monday posted on X, the social media site he has owned since 2022.
The emergence of Starlink as a potential replacement for the Verizon-led effort underscores the extraordinary conflicts of interest inherent in Musk's position as both a senior White House adviser to President Donald Trump and a business mogul in charge of a sprawling array of companies. It is not clear what role Musk might be playing in helping Starlink parent company SpaceX win such business. ...
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