Apr 20, 2016 Administrator 0 comments
“Failed Businesses Built By Elon Musk and Cronies Cost Taxpayers Billions”

Elon Musk has leveraged great relationships with politicians and other cronies to build his heavily-subsidized companies and that is no more true than in the case of his third company, the space exploration company SpaceX. Arizona Republican Senator John McCain worked tirelessly on behalf of Musk, who has received many donations from Elon Musk. McCain […]

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Apr 20, 2016 Administrator 0 comments
“Elon Musk – Crony King”

“So what? No big deal…right? Billions invested, billions lost, what goes up, comes down. Well, that would be true if it weren’t for that fact that billions and billions of the money had come from the American taxpayer…not just venture capitalists. Solar City and Tesla have taken more than $4.9 billion in subsidies from federal […]

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Mar 02, 2016 Administrator 0 comments
Business Insider: “SpaceX’s new rocket fuel is causing problems with a mission that it has tried to launch three times in the last week”

“SpaceX is having a tough time. Over the last week, the aerospace company founded and owned by billionaire entrepreneur Elon Musk has suffered a series of setbacks that have led it to postpone the same launch three different times. The root of the problem is with a new kind of fuel SpaceX began using for […]

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Feb 10, 2016 Administrator 0 comments
Fortune: “SolarCity’s Stock Craters on Missed Guidance, Slower Growth”

“SolarCity, the largest U.S. solar panel installer, saw its stock plunge over 30% on Tuesday afternoon after the company reported a disappointing number of installations and a weak financial forecast….” Read More

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May 30, 2015 Administrator 0 comments
LA Times: “Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies”

“Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space. And he’s built those companies with the help of billions in government subsidies…..” Read More

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Feb 14, 2015 Administrator 0 comments
CBS: “President Barack Obama Raises Money, Dines With Elon Musk In San Francisco”

“During his visit to the Bay Area, President Barack Obama spent a night on the town Friday, raising money and enjoying dinner in Presidio Heights with Tesla CEO Elon Musk….” Read More

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Aug 27, 2014 Administrator 0 comments
Free Beacon: “Political Clout Pays Off Big for Elon Musk’s SpaceX”

“Donations to key lawmakers wine-and-dined by its lobbyists earn commercial spaceflight company millions in subsidies….” Read More

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Jan 16, 2013 Administrator 0 comments
Breitbart: “Elon Musk Gets Government Loans, Buys $17 Million House”

“We live in the gilded age of crony capitalism. If you have any doubt about that fact look no further than Elon Musk’s purchase of a $17 million mansion in Bel Air, California. Who is Elon Musk? He struck it rich with the invention of PayPal. Lately, though, he has cashed in on the Obama “green […]

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