Mr. Musk’s companies have received at least $38 billion in government support, according to an analysis by The Washington Post. NASA has invested more than $15 billion in SpaceX; Tesla has collected $11 billion in subsidies to bolster the electric car industry.
Heterodox economists have long criticized politicians’ maniacal obsession with GDP growth, pointing to its relatively recent creation as a measure of national accounts and its limits as a catch-all indicator of a country’s economic health.
Elon Musk’s latest political stunt drew the ire of Offset. The X owner supported Ben Shapiro’s campaign to get Derek Chauvin, George Floyd’s killer, pardoned, and the Atlanta rapper was not a fan.
A leader in the Trump administration's effort to cut the federal workforce is a little-known bureaucrat from Macon, Ga.
The Musk Foundation is also based in Austin. in North America. is SpaceX headquartered in Brownsville. and Model Ys for the global market of Europe and Asia. Tesla claims to have 60,000 global Superchargers. In the US, there are nearly 30,000 ports.
Explore why holding assets tied to U.S. indices remains wise despite February's dip. Click here to read more about Market Outlook.
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry-picking data for political gain.