Legacy media is now pushing another narrative:
“Virtually all of Elon Musk’s wealth came from government help.”
This is completely false.
Government contracts are not subsidies.
SpaceX wins contracts because it offers the best product at the lowest price. NASA pays SpaceX for real launches, real cargo missions, and real astronaut transport, not charity.
SpaceX is expected to get less than 5% of its revenue from NASA this year.
Add up every government incentive Tesla and SpaceX have ever received, and it is still less than 2% of the value of Tesla and SpaceX.
Tesla did not become the world’s most valuable car company because of tax credits. It became huge because it built better EVs, better software, better batteries, and the best charging network.
And when the $7,500 EV tax credit was removed, Tesla sales increased.
The real reason they’re obsessed with Elon Musk is that he exposed how irrelevant they have become.
People no longer wait for newspaper editors, TV anchors, or corporate journalists to tell them the truth.
Legacy media lost its monopoly on information.
Now all they have left is clickbait, outrage, and anti-Elon narratives.
And that’s exactly why the trust in media is at an all time low.
@WallStreetApes I've decided I love data centers. They've moved us past restrictive ideas that resources are limited, and allowed the up to now forbidden question to be asked, "How can we get more resources". Not abusing resources, but managing what resources we have to improve things.
@w_terrence Weird - people are now so opposed to wealth, but have no idea who's the 2nd richest man in the world. Which says a lot about how it's not necessarily a trillion dollars that matters, it's just that it's Elon Musk.
That's just sad.
The CA Legislature tried to strike these words from the state constitution in 2020 (put there by Prop 209 in 1996). The voters smacked them down when 57.23% said NO—despite the YES campaign outspending the NO team by more than 14 to 1. Now they’re trying again—calling it a “clarification” instead of an effort to gut the provision’s application to public education. Don’t believe them. If approved by the voters, this would be a major change. The aim is to pave the way for the recommendations of California’s Task Force on Reparations. The Task Force wants to make college free to African Americans no matter how well off their parents are and to get school districts to fund individual schools based on the race of the students who attend.
@christopherrufo
Cleveland did not send me to Congress to be interrupted, talked over, and lied to.
Especially not by Trump officials who are punishing people with SNAP cuts and higher food prices every day.
@DarwinBondGraha Voter ID (banned by legislature, NOT the voters) along with in person paper ballots would solve all this mess.
But we all know why it takes so long to count ballots in California, also why Dems do everything in their power to pretend it has nothing to do with cheating.
@AdamSchiff The rest of the world does it in one day, but for some reason that's too difficult for a place that claims to be so much more advanced than everyone else.
It's called cheating and everyone knows it.