SpaceX uses the tax benefit known as net operating loss carryforward - offsetting $5 billion in losses against future taxable income.
SpaceX uses the tax benefit known as net operating loss carryforward - offsetting $5 billion in losses against future taxable income.
IDK, sounds like we're the idiots for paying every last cent that we "owe".
Weirdly, most outlets don’t drop “bombshell” reporting the day Russia carries out a planned invasion on Alaska.
Fuck!!!!! 👎🤬🤬🤬🤬🤬🤬
Go get your tax money, throw him in a rusty jail for tax evasion voila
Surprise!
We thought all technobrologarchy paid zero taxes
You can kiss that tax goodbye
I caught it. Disgraceful.
👍
I consider “Donald J Trump” and “idiot” to be redundant.
It still doesn’t register with many Americans how we have been robbed. 🇺🇸
And gets $8M a month of our tax dollars? WTAF? Guess we found the waste Gimme my #NASA
I'd like to see us nationalize SpaceX and all his businesses that we fund. Then deport his arse.
The government buys services from SpaceX. They save a lot by doing that.
It’s not black or white Democratic socialism when we share the cost of the commons
Not true We have NASA & can pay for certain info from other companies without subsidizing them!
And all this spaceships do is blow up
How did a village idiot get into the White House??
77 million stupid people but, more importantly, the close to 85 million people who chose not to vote in 2024.
Yet even after this, America will continue to tolerate him. Make no mistake - in the eyes of the Free World (remember that? You guys used to be the leaders of it) Alaska was almost as much humiliation for Trump as the one he and Vance doled out to President Zelenskyy.
CONGRESS! Billionaires not paying their FAIR share of the taxes? Why are you allowing this to happen? We want our money back! And we are not voting for all of you who vote this way. Is it just Republicans?
Most Americans have never heard of Space X.
People on EARTH. U. S. are STARVING! Let's worry about food and health care.... not space! Cut the Fed subsidies to Musk and others!
GODDAMNIT!! WTF? Waste, Fraud and Abuse right there! This is beyond hypocrisy! I can’t think of a word now though because I’m so MAD!!
Ditto!
How is it that Congress allows Xlon to have so many government contracts in several countries, and no accountability or to anyone on what he’s doing or a check on his taxes, where he spends the money & of all of his contracts with other countries are in conflict with the USA?
:(
There is truly a veritable plethora of shit going on! bsky.app/profile/msmo...
If you don't have to take an oath, we could all sign up and then wipe out the others when we're in the back of the UHaul. 😁
SpaceX has never had a profit to pay taxes on.
MSM has really failed us
Well, SpaceX is far from alone in that.
It wasn't really news.
First I heard of this is right now.
The former KGB spy master who knows exactly what he wants versus the lazy spoiled brat with dementia - I wonder who will come out ahead. 🙄
Sadly, most giant U.S. companies pay zero income tax.
You guys are in the middle of a coup by fascist-pedophiles, so I imagine things are getting a bit surreal. It's not surprising you'd *blank out* for a bit. . . 🤔😬
It wasn't a "bombshell." We knew they weren't paying taxes, more or less. What would be a bombshell would be to actually fix that.
Meanwhile, NYT projects rather than observes - Keeping the lemmings in line? Why on earth would anyone think that?
😳🤬
more like a hell of distraction is the point.
Just a cluster….
Media has completely different priorities than the rest of us.
Wait, what? The south african racist pos elon musk, who fired hundreds of thousands of hardworking, good Americans, has reaped billions off of the American tax payer and never paid taxes? Are you fucking kidding me?
GET THE FUCK OUT OF MY COUNTRY ELON. Someone sanction him and take back the wealth he has STOLEN from the AMERICAN people.
A lot of us are well aware and will not forget!
Time to institute withholding!
Don’t look at what they’re really doing. 👿 This damned regime!! No taxes? Meanwhile, people who work their whole lives lose their homes because of ever rising property taxes/insane price of everything, become homeless, now get locked up as criminals! Yeah, this all makes sense. 🤬
They get corporate welfare like all the other massive corporations like GE. Did you think these assholes actually PAID taxes? Hahaha! Build something- get massive tax abatements- don’t pay taxes or pay into the schools. Be like the Walmart fuckers, worth 93 billion each while employees on Medicaid
Trump's an idiot. That's beyond argument. Unfortunately, a large swath of American voters are also idiots. That's almost more scary, as most will still be here 3 1/2 years from now. 
I'm not sure it didn't register. Maga boot lickers think this is fine and the rest of us just see it as more shit from the fire hose of shit.
I’m so tired of this shit, aren’t you all?
Please turn that damn spigot off omg!
Corporate welfare at its finest...
Bad example of Trump's idiocy - why would SpaceX have ever paid INCOME taxes?
😆
I don't think "idiot" covers it. Trump is more than just an idiot, he's a Trump.
And it happened bsky.app/profile/adam...
One more owner of stupid
And not even a useful one.
The system is screaming for reform. Billionaire oligarchs and corporations need to start ponying up. The Alaska summit never promised to be anything other than a photo op of a ventriloquist and his dummy.
Each space craft going Kaaaablewy is $62 million tax dollars down the toilet but kids on SNAP are the national security risk
Holy sh*t! SpaceX has never paid any US federal income taxes? So it's a 501(c)(3)...? 🤔
The American public isn't blind, legacy media is owned by the rich and they control those narratives. That's why independent journalism is so important
I think the keyword is "useful."
Use your voice, while you still have it! Use it Or Lose it!
It probably didn’t register with the American public because the American public likely always believed that SpaceX never paid taxes. The American public no that rich people don’t pay taxes.
SpaceX does pay taxes.
I stand by my remark that the American public (right or wrong) has always believed the rich don’t pay taxes.
A sizeable proportion of the American public believes that the Earth is flat, the moon landings were fake and 9/11 was an inside job
Hence, my qualifying parenthetical “(right or wrong).” If you want to hear “You’re right,” then: you’re right.
Tesla takedown needs completed.
Not all of us follow the Auld Gray Lady
The key phrase should be 'working for' the oligarchs he wants so much to be part of.
...in this case, the idiot is not Trump, its the people who are letting this happen.
they are all complicit. krasnov is just a tool of the oligarchy
Maybe we should eat the rich.
And Elon is still getting taxpayer-funded government contracts! 😡
That should have been reported in every newspaper across the country
There are so many things to be outraged at once. We need an old school headline news channel covering this dumb shit all day long.
is that the name of the news show Dumb Shit Today :)
Yet, it has received how much in government subsidies? Who’s you daddy, GOP?
No. It exists because nobody wants to interrupt their middle class lives. We will have to give up our jobs to fight back and then who will feed our children.
The American public doesn’t read NYT - or any other newspaper for that matter.
Putin put Melania’s nude photos on Russian TV on the same night that trump won the second term! Today, trump was like a puppy dog grinning and happy to be patted by his owner!!
SpaceX is losing money hand over fist... it's ALL being spent on research.
Have they made a profit yet? Probably not.
Why would they pay taxes? Any profit generated is offset by weekly rocket explosions.
The American public don’t care what a company does if it looks like it might have a hold over the rest of the world. I think the Japanese need encouraging to set up a rival company as they have the technology.
Trump’s a fucking fool, but if SpaceX didn’t pay taxes this April for the 2024 year, then that has nothing to do with Trump. Even if it was a continuation of Trump 1.0 tax policy, Biden and Congress during his/their four years is still responsible for those fiscal tax periods.
😂 Really?
no. Biden had NO chance of removing tRump's tax cuts. NONE.
We have become desensitized by the onslaught of disinformation and sensationalist journalism. Get fed with a fire hose it is hard to swallow anything.
MUSK HAS OUR MONEY IN HIS POCKET. OUR FUCKING MONEY. HIS POCKET.
That's because Republicans scheme of overwhelming constant chaos, crime, and disinformation makes it impossible.
Idiot always suits in any context. But it lacks the gravity and the depth how far he is from being a human.
Why would it register? None of the billionaire cocksuckers pay their fair share.
MAFTA: Make America Fuck Trump Again!!!
Isn't that part of the Epstein files?
Ragnarok? No. Bag-of-Rocks country
He compromised Trump. Putin’s backdoor.
Trump is covering for so much horrible shit, while he also does horrible shit, it's setting the nation back 50 years. The left had no clue what it's done.
Socialism for the already rich, cold hard capitalism for the rest of us
This is important yes. However; Epstein Epstein Epstein. Deal with Mr. Swastikar later.
It’s why the Heritage Foundation embraced him: useful idiot!
Magats are too stupid to understand
I take it a lot of people were not here when we found this out earlier this year. Including Comedy guy. What else should we tell you? We have a lot. SALT agreements Posse Comitatus Big Beautiful bill DOJ change to Title 28, Section 1442 (?) And more. Where should we start?
ebx.sh/cZGczq
Elon Musk Never Paid a Dime in Federal Tax for SpaceX to - Are all SpaceX fireworks tax-free? The More he blows up, the Richer He Gets on Your Dime! Billionaires and Their Hobbies!
Such a such a? I hate it hate it when that when that happens. 🤣😂🤣
Tax the Rich! Oligarchs & Corporations!
Betting the DOJ won’t investigate this one either
We are also, sadly, quite used to giant corporations and millionaires and billionaires not paying taxes so... 🤷🏻♀️
The US government is never going to make the controlling wealthy pay their fare share. It's up to the population to stop supporting the oligarchs. I know they are in a position where they control almost everything, but there are still choices. If you are able to, find an alternative, clocks ticking.
Whose the idiot? How about the whole democratic party for even allowing this current nightmare to come to pass. They had 4 years to take Trump and his handlers down and did almost nothing but make speeches and discuss ideals endlessly. And that is what they are still doing.
the historians will write volumes about this issue, i'm not sure i have enough facts to come to conclusion. garland was a failure krasnov was too popular heritage foundation, federalist society something kept krasnov from being prosecuted for crimes against our republic that we all witnessed.
Apathy
Tell me what they could have done. Prosecute? NOTICE THEY TRIED for all 4 years and all they got was the press playing "Trump is winning". With Aileen Cannon and SCOTUS, NOTHING was going to make it to federal prosecution.
Remember this guy? The one with the actual power to do the job, the guy who spent 4 years fending off pointed attention to 'do his job'? From there on down, almost every judge and AG who had the position and power to do anything, washed their hands and said, ' I have no spine'. We see it today
This guy is guilty only of Due Process while being stalled by TRUMP criminals
We also kinda stopped reading the NYT, so there's that
Firehose. It's hard to absorb it all.
I didn't hear it either...
TRUMP FAILED
To be fair, the American public is largely full of idiots, useful and useless 🤷
In the name of greed they deceive the world.
Because it was in the NYT regular people don't read it and those with a brain know it is worthless as a source Now get it reported in every small town newspaper in America and it might register
Follow Noel. He knows.
So basically we pay for photo op for Putin and for Elon's purchasing the Republican Party
Some body tell Elon Musk, to pay taxes.
Im old school Dem even worse the Dem Party did very little or NOTHING AT ALL to defend our loved ones rights in American Long Term Care during covid MILLIONS of patients died all alone in isolation including many patients I loved OUR LOVED ONES RIGHTS AND OUR LOVED ONES LIVES MATTER IN AMERICAN LTC
Funding a Nazi to the tune of hundreds of tax free billions maybe even trillion dollars? That's what Trump does. It's amazing that most Americans, those who didn't vote for him, many don't know that he's a Nazi! How is that even possible? I guess it's the rampant ignorance of history in the USA too.
Corporate welfare at the expense of Americans.
That is Musk's entire business model. Foreigner comes in illegally and becomes biggest welfare queen in American history while stealing gov technology and R &D to become the richest man in the world. All the while paying no taxes! Just stealing the tax dollars and actually contributing nothing!
I mean who still reads the NYT? Now if MeidasTouch reports it…
Everyone just expects these corporate clowns dont pay taxes.
Keep your memory. If house or senate goes democratic in mid terms. They can collect back taxes. They do this on regular Americans.
They are writing off the loss of equipment - rapid unscheduled disaggregating. Though I’m sure they are including every hour of every person, the space used, etc. to write off rockets that explode. Not a good Federal investment.
We kind of got used to the government giving the wealthy a free ride. They've been doing it for fifty years.
respectfully disagree, key words are "never paid income tax"
Oh, Space X has a Xi supported Chinese company as part owner.
It didn't register because NYT has pissed off so many reality based people with their both sides bullshit and sanewashing. And the MAGA would never. I know I didn't see that story.
Doesn't a normal Administration stop every and all contracts between SpaceX and the US government, go to court if they have to Do a joint investigation DOJ/FBI/IRS/Treasury Claw back the back taxes with penalties and then go to court with criminal charges
✅✅✅
Beyond the emperor not wearing any clothes: This moron thinks he's using everybody - that he's dominating the GOP, world leaders, oligarchs. The reality is that he is being used by them all and has been used from the moment he descended that escalator. Biggest useful idiot ever.
Imagine that! I'm not surprised. They didn't become billionaires by being honest and doing what's right
I didn’t know
In all fairness, lots of us cancelled our NYT subscription last year, en masse! I'm thankful that you posted about it since it's unlikely that other media sources would have.
I'm totally overwhelmed right now, on a daily basis, with the crime and corruption being exposed in the USA. If I'm overwhelmed, I can't imagine how your justice system is coping.
Who's fucking kidding who?! There was NEVER going to be a DEAL. Putin once again reminded Krasnov just how MUCH Kompromat he has on him. He's been playing Trump for DECADES and Putin plays Chess at the Grand Master level & the dangerously stupid occupant of the White House can't even play checkers!
Trump eats the checker pieces.
With ketchup & a diet coke!
He throws the black checkers at the wall dipped in ketchup.
He can talk tough only to the reporters!
And only to those who never question him.
P wants T to take out Z.
That's a frightening thought!
Probably Putin has tapes of Trump with children 🫤
Donald J.Trump wants to be the best "Deal"maker ,he has mentioned, the book the Art of the deal....but if the deal is a Con to begin with.... What kind of deal.....was he anticipating? Donald J.Trump has made the World far more Dangerous.
I want a revolution … where rich people & corporations PAY FUCKING TAXES instead of donating to fascist oligarch political campaigns. Trillions in debt & their stealing the future of this country from our children & grandchildren to FURTHER line the pockets of the richest people on the planet. 🖕🏼
We need to get money out of politics again. Super pacs are congressionally approved bribes...
Great! We will need to fight to get that ! The rightwing has the money, but we have more people that want freedom for the oligarchy!
Yes, they have the money, but we have the numbers. They’re not called the 1% just because of their wealth. They are 1% because they need us (the 99%) to sustain their grift. We need to stop allowing the swindle to continue.
I want a revolution where we take the mansions of the rich to house the homeless, and their wealth to feed the hungry, and provide healthcare to all. A revolution where no one could be a billionaire.
You will never get that world without a revolution because it can’t exist in American capitalism
Well then maybe it’s time.
Capitalism (GREED) needs to die. bsky.app/profile/mrwi...
📌
I question the word "useful."
That is because the American public never hears the truth. All of the mainstream media is owned by oligarchs. 🤬
Not only that, SpaceX receives billions in Federal contracts. And Musk is calling for 1% of the Earth’s resources for his fantasy of colonising Mars. The X community recently voted against the fork in the road Musk wants to take humanity down.
🦋🦋🦋🦋🦋🦋🦋🦋
And SpaceX gets how many hundreds of millions of taxpayer dollars in contracts with the military and NASA?
At what point do we say enough? Sunset is upon us. It’s up to us to stand up for our children and on the right side of history.
There was no reaction because we’ve known for ages that the rich don’t pay taxes. America runs off the backs of struggling middle class. The IRS audits all target self employed and small businesses owners. All we want is some EQUALITY. And we want it across the board.
If Elon owns it I expect that it's corrupt or bad for everyone. I'm not the least bit surprised to learn that Elon doesn't pay taxes. He's a morally bankrupt garbage human.
Agreed. Trump is much more idiot than useful
This was public knowledge before the NYTs got to it. I wonder who they stole the story from.
And it's not even behind a paywall! www.nytimes.com/2025/08/15/t...
No, we subsidize SpaceX for the Fireworks!
Isn't SpaceX losing shit tons of money? Why would it pay income tax?
If you purchase a Tesla, you support this POS. #boycotttesla
Just imagining the money my insignificant self would enjoy if I’d never paid taxes.
📍
We refer to it as Fidoit. You know what the f implies.
With the wall to wall cover of his gf’s visit I doubt anyone even heard it.
But we don’t mind if space X doesn’t pay taxes… they wanna make Mars babies. After all, how many hungry family’s could Elon Musk ACTUALLY feed with his money? Wait… Seriously?! That many? Ok fuck these people let’s take their money
I think a lot of the public has lost faith in @nytimes.com
Proverbs 16:18 “Pride goeth before destruction, and an haughty spirit before a fall.”
#TeslaTakedown #PalantirTakedown #PeterThielTakedown #ElonMuskTakedown #SiliconValleyTakedown #USAFlag #FightOligarchy #Smite
We pay billions to Space X They pay nothing back.
Well they do sprinkle us with valuable rocket particles on a regular basis. There's that.
i like musks vision for space travel, humans need to get off this planet. i don't like musk's script kiddies in the treasury and the hitler salute was so vile i sold all my tesla stock
And do they say "Thank you"? I dont think they do!
Not once I bet.
Was Space X in the Epstein list?
I think Elon and his merry band of dorks have everything there is. They were rooting around the data bases, and probably have it. As vindictive as Donnie is Elon didn’t have one government contract canceled.
None of the techbroligarchs nor their companies pay taxes but Americans keep voting for the abuse. 🤷🏽♀️
The fact that write-offs are scalable, isn't really news.
Deeper still, what does that say about the American public?
🤬 and they never cleaned up their rocket debris when it exploded- nor did they clean up their rocket spilled rocket fuel. 🤬
Maybe it didn't register, because corporations don't pay income tax.
Unfortunately, we are used to hearing that large companies don't pay much in taxes. I'm not surprised SpaceX doesn't. Are they even profitable? They've really blown up $billions in inventory...
And yet, walla, they get a portion of my TAXES…
The actual key words are "SpaceX has never paid federal income tax and it barely registered with the public."
It is a sign that we lived in a failed state, albeit a rich one. But failed nonetheless.
#SpaceTwitter
🤬🤬🤬🤬
Yes, Madeleine Albright called him that years ago, "Putin's useful idiot." She was right.
Sadly, some Americans are useful idiots and/or ignoramuses.
So musk is another far right ##taxdodging scumbag? Gee who'd have thunk it....
Space X, not a dime in taxes and BILLIONS in government corrupt contracts.
😤 Wie kann man so ein riesiges, dummes Arschloch sein wie Arschlochkönig Trump, der immer noch seinen kleinen Mund zum Stuhlgang benutzt …?
In other news a convicted felon and sex abuser fellates a gangster war criminal for pecuniary advantage.
I’ll repeat it, slightly differently. We can no longer call Trump Putin’s “Useful Idiot.” Trump is simply a petulant and incompetent idiot, full stop.
I think because none of us reads the times.
bo-ring
#SpaceX, Elon Musk’s rocket company, has most likely paid little to no federal income taxes since its founding in 2002, even as it’s received billions of dollars in federal contracts, according to internal company documents reviewed by The New York Times. Read: trib.al/nYk4ClN