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Musk's SpaceX not paying federal tax under Trump's govt: Report
short by Ishita Ranganath / on 17 Aug 2025,Sunday
Elon Musk may not have paid federal taxes since Donald Trump's first presidency in 2017, reported The New York Times. Documents show SpaceX used tax benefit, allowing it to roll over $5-billion losses indefinitely, and avoided paying federal taxes on newer profits. SpaceX can roll over nearly $3 billion of losses to next financial year and avail tax exemption.
short by Ishita Ranganath / 09:50 pm on 17 Aug
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