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 not only worked hard to make SpaceX could bid for NASA and U.S. Air Force launch contracts, but he changed the rules of the process to block United Launch Alliance (ULA) from bidding, which assured SpaceX the monopoly on those contracts since no other company is currently qualified to provide such launch services.
This virtual monopoly on U.S. government space launches, thanks to Sen. McCain, had brought in $5.5 billion in contracts to SpaceX.
The Center for Business and Responsible Government (CBRG) is a non-partisan organization dedicated to highlighting cronyism and its effect on American taxpayers and policy. We believe public officials should establish an even playing field for all businesses to compete in the marketplace, not just those special interests who line their pockets.