SpaceX’s finances are not public because it’s a privately-held company. But The New York Times was able to review and analyze some of its internal documents. The Times found that a tax change enacted in Donald Trump’s first term allows the company to indefinitely apply nearly $3 billion of its past losses to future taxable income.

How convenient for Elon Musk, the world’s richest man who, The Times said, owns 44% of the company!

In 2021, alone, SpaceX was paid $1.7 billion via federal contracts, 76% of its total income, The Times found. It noted that SpaceX has been valued at more than $350 billion and is one of the world’s most valuable private companies.

So, how has the world’s richest man thanked the country he lived and worked in illegally , gave him citizenship anyway, then bes

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