• XLE@piefed.social
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    3 hours ago

    Neat. The government gets a 50% stake in only the Grok part of SpaceX, not the profitable parts of it… And then the government has an incentive to help Grok profit.

    This is bad because it seems like

    • Elon Musk remains untaxed on the profitable parts of his company
    • the government is incentivized to build Grok more poison methane turbines to pump its share value