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jmbar2

(7,515 posts)

19. At this point, he doesn't make as much from his cars as he does from the government trough

Sat Dec 21, 2024, 11:28 AM

Dec 2024

Those "rebels" could cut him off fairly easily in future budget negotiations. I hope they do.

Musk is worth an estimated $326 billion, according to Bloomberg’s real-time billionaire tracker. His companies have received “only” tens of billions from government contracts and programs.

But in other ways, virtually all of his net worth can be pinned to government help. Tesla and SpaceX got started – and survived their early days – with assistance from state and federal policies, government contracts and loans.

“The foundation for Musk’s financial success has been the US government,” said Daniel Ives, tech analyst for Wedbush Securities.

And the value of Tesla and SpaceX doesn’t come from their profits so far.

Instead, their value comes from investments in their future worth, such as Tesla’s publicly traded stock and private funding rounds for SpaceX.

https://www.cnn.com/2024/11/20/business/elon-musk-wealth-government-help/index.html#:~:text=Musk%20is%20worth%20an%20estimated,be%20pinned%20to%20government%20help.

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eppur_se_muova

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170 House Republicans Defied Donald Trump Despite Primaries Threat [View all] BumRushDaShow Dec 2024 OP

"...Republicans Defied Donald Trump..." dchill Dec 2024 #1

I think that they were defying President Musk wnylib Dec 2024 #20

It's a start. dchill Dec 2024 #23

Yes, it is. Trump is too senile to function much longer. wnylib Dec 2024 #29

Wonder what Vance is doing ? Sequoia Dec 2024 #39

My guess is that Vance is working behind the scenes wnylib Dec 2024 #40

"If you can make God bleed..." Girard442 Dec 2024 #26

That's 400 votes in the House. Aside from vacancies did that many members not vote? underpants Dec 2024 #2

Here is the House Roll Call BumRushDaShow Dec 2024 #6

Wow that's a lot. underpants Dec 2024 #9

Some are ill and/or are in treatment BumRushDaShow Dec 2024 #10

Allred's a dem - TBF Dec 2024 #24

Yeah BumRushDaShow Dec 2024 #31

Lots of "Not voting" AllyCat Dec 2024 #18

Wanna end Elump Traildogbob Dec 2024 #3

.... BumRushDaShow Dec 2024 #7

🤜🤛 Traildogbob Dec 2024 #25

We can't impeach Elon. COL Mustard Dec 2024 #12

At this point, he doesn't make as much from his cars as he does from the government trough jmbar2 Dec 2024 #19

Obviously we can't Traildogbob Dec 2024 #21

maybe it's finally dawning on them that if they hang together, mopinko Dec 2024 #4

Because primarying your own party in a midterm when you have the presidency is... ColinC Dec 2024 #5

An own goal. ananda Dec 2024 #11

Erm..... COL Mustard Dec 2024 #13

Shooting yourself in the face perhaps? paleotn Dec 2024 #22

Sort of like buying successful Twitter, and turning it into crappy X Walleye Dec 2024 #33

We should all be VERY encouraged by this HereForTheParty Dec 2024 #8

Pitchbot chorus 'How this is bad for the Democrats' in 3... 2... 1... Hugin Dec 2024 #14

SOTH MUSK dweller Dec 2024 #15

So up yours, President musk, VP vance and the convicted felon. republianmushroom Dec 2024 #16

A proverbial shot across the bow Zambero Dec 2024 #17

That may not be terribly off the mark. Since the CEO shooter aftermath, it's become very apparent... paleotn Dec 2024 #32

Keep it up kacekwl Dec 2024 #27

BS Timewas Dec 2024 #28

Fitzpatrick (PA 01) did the right thing Freddie Dec 2024 #30

We need a good strong candidate to unseat him BumRushDaShow Dec 2024 #34

Yes it's frustrating Freddie Dec 2024 #36

Yeah he has found a way to do "visible bipartisanship" BumRushDaShow Dec 2024 #38

They are such amateurs when it comes to politics. I don't even think they realize people like their congressmen Walleye Dec 2024 #35

The convicted felon said the govt. shut down was President Biden problem, correct. republianmushroom Dec 2024 #37