ACC Archives

Tag: Elon Musk
Hell for Elon Musk Is a Midsize Sedan

Musk is a total crony capitalist. He’s likeable and he knows how to paint an image but he is a crony capitalist. He uses other people’s money, taken by government, to fund his projects and to enrich himself. Sure, Mars...

Crony Capitalism and the Spigot of Government Subsidies

(From 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 enabling people to live on other planets.” U.S. taxpayers shouldn’t...

Elon Musk – Crony King

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 the companies with which he is associated do interesting things.

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.