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To: RoosterRedux

So has he paid back the Five Billion dollars that us taxpayers gave him? With interest of course?


7 posted on 07/23/2020 5:05:32 AM PDT by CathyWhite
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To: CathyWhite

“So has he paid back the Five Billion dollars that us taxpayers gave him?”

Yes.
One year he personally wrote a check to the IRS for $2.5B. That was just one year.
For once the subsidies laws (if you don’t like them, take it up with your legislator - not Musk) worked as intended and had a net taxpayer benefit.

(I disapprove of such legislation as unconstitutional, but insofar as it nonetheless exists, it has worked well for this case.)


11 posted on 07/23/2020 5:31:52 AM PDT by ctdonath2 (Interesting how those so interested in workERS are so disinterested in workING.)
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To: CathyWhite

“Tesla Motors announced Wednesday that it has repaid a $465 million loan from the government nearly a decade before it was scheduled to do so.”
https://money.cnn.com/2013/05/22/autos/tesla-loan-repayment/index.html

“Still, there is a price, and that number is $55m for a seat on SpaceX’s Dragon crew capsule, atop a SpaceX Falcon 9 rocket, compared to roughly $90m for a seat on Roscosmos’ Soyuz rocket. “

https://www.theregister.com/2020/06/10/russias_space_agency_spat/


12 posted on 07/23/2020 6:27:21 AM PDT by BwanaNdege ( Experience is the best teacher, but if you can accept it 2nd hand, the tuition is less!)
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