SpaceX Gets Billions From the Government. It Gives Little to Nothing Back in Taxes.
Elon Musk’s rocket company relies on federal contracts, but years of losses have most likely let it avoid paying federal income taxes, according to internal company documents.
https://www.nytimes.com/2025/08/15/t...e=articleShare
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The documents, reviewed by The Times, provide the first insights into how heavily SpaceX depends on federal contracts. In 2020, they generated about $1.4 billion, or 83.8 percent, of the company’s total revenue that year. The next year, federal contracts brought in about $1.7 billion, or 76 percent, of the total revenue, the documents show.
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