Wednesday, February 26, 2025

Report Reveals Staggering Amount of Funds Paid to Elon Musk

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.

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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 ...

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-- The Tennessee Holler (@thetnholler.bsky.social) February 26, 2025 at 8:26 AM

Comments

Musk's Empire Built on $38 Billion in Government Funding

www.washingtonpost.com

This is the place to start when looking for waste and fraud.

#1 | Posted by reinheitsgebot at 2025-02-26 11:09 AM

"Musk's Empire Built on $38 Billion in Government Funding"

I'll take Places Elon will NEVER find Waste, Fraud, or Abuse for $2,000, Mr. Jennings.

#2 | Posted by Danforth at 2025-02-26 11:13 AM

Places Elon will NEVER find Waste, Fraud, or Abuse

The DOGE Lord Commander has determined that investigating his own companies would be a conflict of interest, so there will be no investigation into his own companies.

#3 | Posted by REDIAL at 2025-02-26 11:28 AM

The $38 Billion Patriot.

It's the old Fox in the Henhouse scenario with the Contracted investigating the Contractor. What could possibly go wrong?

#4 | Posted by Corky at 2025-02-26 11:50 AM

"The Post reported the payments started more than 20 years ago, as Musk secured a low-interest loan from the Energy Department as CEO of the then-struggling Tesla. That department is one of many now hit by mass layoffs and cuts led by Musk's Department of Government Efficiency."

Wow, Loans. Not handouts. Keep digging.
I love how the left does these things over and over. They can't fault what he's doing, exposing fraud and waste in government, so they go after him personally. And why don't they like have fraud and waste removed from government? Because it was done by the candidates that they promoted and defended for years.

#5 | Posted by fishpaw at 2025-02-26 01:42 PM

FishPawn rushes in to lick Musk's butt clean.

Who cares if Musk got billions from the government, hasn't paid anything back and is now wrecking the government.

Musk made FishPawn feel good about his hate and so now FishPawn will defend anything Musk wants to do. Even if it comes at his own detriment.

#6 | Posted by ClownShack at 2025-02-26 01:48 PM

Related ...

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. ...



#7 | Posted by LampLighter at 2025-02-26 01:50 PM

For what he is being paid, one would think he would try harder, jump higher or show up for work clean and sober...

#8 | Posted by catdog at 2025-02-26 02:03 PM

@#4 ... Musk has inside track to take over contract to fix air traffic communications system ...

Maybe because he has been firing all those who do not think he should get the contract?


#9 | Posted by LampLighter at 2025-02-26 02:12 PM

To cut more costs than he can find, let's start with him. Cut all subsidies to him and the oil companies. Then cancel contracts with him. I would guess we could save $100 bil. +

#10 | Posted by bat4255 at 2025-02-26 02:21 PM

#4

I'm supposed to fly a week from tomorrow. I'm actually a little nervous about it.

#11 | Posted by Whatsleft at 2025-02-26 03:03 PM

#2 |

Silly Trumper, lies are Kids! He gets much more than just low-finance loans (or OUR money that he's supposed to now be protecting with DODGE, er, I mean DOGE>

Feb 26, 3:14 PM EST by Victor Tangermann

Elon Musk Has Sucked Up $38 Billion in Aid From the Federal Government, and Now He's Slashing That Help for Others

The level of hypocrisy is astounding.

While his so-called Department of Government Efficiency is laying waste to the federal government, unelected White House advisor Elon Musk has massively benefited from government contracts propping up his business over more than 20 years.

As the Washington Post reports, Musk and his businesses have collected at least $38 billion in government contracts, loans, subsidies, and tax credits."

MUCH more on where the money came from. And some of it is legit... but HE'S NOT AN UNITERESTED IMPARIAL AUDITOR... he's getting a leg up on the competition.

He's more concerned about himself than about you. And the worst part might be, he's not even good at businesses that the Gov (YOU THE PEOPLE) he is McCarthy-ing is financing.

But hey, you are in a Cult, so I imagine it's tough not to just believe everything the very potential Antichrist, er, I mean.... Traitor Trump, tells you.

EVEN YOU know they are lies... you just don't CARE that they are lies; it's just Trump being Trump, right? I mean, he's a Guinness World Book Record level Liar for a reason... he just ignores facts and truth and makes it all up as he goes along.

Because you can do that if you've got your very own gullible Cult who are propping up Oligarchs and Corporations... that a lot them pretend to oppose.

But there are Swing Voters now, and even some Trumpers who are getting De-Culted by losing their jobs who might just change all that soon.

#12 | Posted by Corky at 2025-02-26 03:51 PM

futurism.com

#13 | Posted by Corky at 2025-02-26 03:53 PM

"Silly Trumper, lies are FOR Kids!"

Who's editing these posts!? (Trix Rabbit reference)

#14 | Posted by Corky at 2025-02-26 03:55 PM

when places like rawstory and :"you people" start looking at democrat fat cats like Soros and Gates

and several others.....then I"m in .....

without that....this is as useless as a bookshelf at Corky's house.

#15 | Posted by shrimptacodan at 2025-02-26 04:04 PM

@#12 ... when places like rawstory and :"you people" start looking at democrat fat cats like Soros and Gates ...

When did they ever have the control of the Federal government that Mr Musk and other oligarchs have nowadays?

Or is that just another MAGA failed false equivalency attempt?

#16 | Posted by LampLighter at 2025-02-26 04:15 PM

#12 has a book... the same one Trump had on his bedside, which was a 1000 page tome of Hitler's speeches.

I want you search the word, "think"...... feel free to ask your fav AI what it means, and then you should think about that.

Trump is like two-fer. You get Hitler AND Goebbels in one shmarmy NY Slum Lord son. Who's also a lair a criminal and a traitor and rapist, just for starters.

Add Herr Musk as the German Industrialists (and Henry Ford) as Corporations who financed their own Authoritarian Dictator AND the very conservative far right wing Populists (opposite of left-wing populists, but still populists).... and gave us the 3rd Reich.

www.google.com

Welcome to Trump's 4th Reich.

#17 | Posted by Corky at 2025-02-26 04:25 PM

There is a new replacement term for MAGAs it is SUCKERs But will it fit on the front of a hat?

#18 | Posted by danni at 2025-02-26 07:36 PM

"I'm supposed to fly a week from tomorrow. I'm actually a little nervous about it."

Don't worry, all those Air Traffic Controllers were just picking up fat pay checks and doing no real work. Musk ordered them to email him what five things they did last week or get fired. I hope one of them tells him "I was supposed to be watching that plane that crashed into your plane but I got busy writing this stupid email instead!

#19 | Posted by danni at 2025-02-26 07:43 PM

"you people" start looking at democrat fat cats like Soros and Gates

and several others.....then I"m in .....

without that....this is as useless as a bookshelf at Corky's house.

#15 | Posted by shrimptacodan at

Great idea for an honest conservative investigative journalism outlet. Maybe the WSJ. (Chuckle.)

Or maybe it's just nowhere near the same -- and even conservatives who aren't wrapped up in a dream world, if there are any, know there's nothing there.

#20 | Posted by Dbt2 at 2025-02-26 07:59 PM

Shrimpdick the FAGAT butt slut is nothing but a fucking clown.

#21 | Posted by LegallyYourDead at 2025-02-26 10:41 PM

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