Mr. Musk’s companies have received at least $38 billion in government support, according to an analysis by The Washington Post. NASA has invested more than $15 billion in SpaceX; Tesla has collected $11 billion in subsidies to bolster the electric car industry.
Heterodox economists have long criticized politicians’ maniacal obsession with GDP growth, pointing to its relatively recent creation as a measure of national accounts and its limits as a catch-all indicator of a country’s economic health.
Elon Musk’s latest political stunt drew the ire of Offset. The X owner supported Ben Shapiro’s campaign to get Derek Chauvin, George Floyd’s killer, pardoned, and the Atlanta rapper was not a fan.
A leader in the Trump administration's effort to cut the federal workforce is a little-known bureaucrat from Macon, Ga.
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Elon Musk on Thursday made a plea for “top notch ... Earlier this week, a Delta flight was forced to turn around and return to Atlanta after takeoff when the crew reported “possible smoke.”
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry-picking data for political gain.