Thursday, June 04, 2015

Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies

Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups.

on the main Kersplebedeb website:

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