News

SpaceX Has Likely Skirted Federal Income Taxes for Decades, Investigation Reveals

Internal documents show Elon Musk’s multi-billion dollar rocket company can indefinitely shield nearly $3 billion in profits ...

SpaceX Gets Billions From the Government. It Gives Little to Nothing Back in Taxes.

Elon Musk’s rocket company relies on federal contracts, but years of losses have most likely let it avoid paying federal ...

Elon Musk’s SpaceX Is Boasting It’s Found a Way to Pay No Tax Ever

SpaceX officials have privately boasted to investors that a tax benefit signed into law by President Donald Trump means it may never have to pay federal income taxes, The New York Times reports. Trump ...

Coastal Commission opposes SpaceX’s bid to nearly double Vandenberg launches

The California Coastal Commission unanimously rejected SpaceX's plan to nearly double rocket launches at Vandenberg to 95 per ...

Elon Musk's SpaceX to invest $2 billion into his xAI startup: report

SpaceX is investing $2 billion in xAI, Elon Musk's AI company, as part of a $5 billion equity round, amid his efforts to boost the AI startup.

SpaceX prepares for rocket launch from California. Here's where you can see it

Two rocket launches from California within a week? That's the plan as SpaceX gears up for another Starlink mission after a ...

Elon Musk called on corporations to leave Delaware. Delaware says it's doing just fine.

Elon Musk urged companies to leave Delaware after clashing with its Court of Chancery last year.

Elon Musk Says Google Has Edge in AI Race — But Not for Long

Elon Musk acknowledges Google’s AI dominance due to compute power and data, but predicts the balance will shift in coming ...