ACC Archives

Tag: Elon Musk
Crony Capitalism and the Spigot of Government Subsidies

“I’m sorry Elon, but I can’t let you do that.” (From Creators.com) The SpaceX website says: “SpaceX designs, manufactures and launches advanced rockets and spacecraft. The company was founded in 2002 to revolutionize space technology, with the ultimate goal of...

Elon Musk – Crony King

Indeed that is true Mr. Musk. Consider us part of that feedback loop. I actually wouldn’t call Musk a crony “king.” He’s more of a crony prince. But he is a crony there is no doubt, even if many of...

Political Clout Pays Off Big for Elon Musk’s SpaceX

Crony capitalism stinks all the away around but when young innovative companies engage in it it’s especially frustrating. Elon Musk, Mr. SpaceX and Mr. Tesla, has long benefited from the goodwill of the American (or in this case Texas) taxpayers....

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