The SEC is sick of Elon Musk’s attempts to delay its Twitter investigation

catculation@lemmy.zip to News@lemmy.world – 337 points –
The SEC is sick of Elon Musk’s attempts to delay its Twitter investigation
theverge.com
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Can we revoke his government contracts now?

How bout we go straight to deporting this fraud

And nationalize his businesses

They essentially already are.

Tesla likely would not be selling cars if the government didn’t offer EV tax incentives.

SpaceX’s largest customer is the U.S Government.

Musk has torpedoed every other company he’s touched.

If the only reason you are in business is to sell things that the government is helping pay for, why are you even a business. He’s blown through his budget that NASA gave him for Starship and still doesn’t have a working product.

The Cybertruck Founders Edition doesn’t have the Self Driving feature that made it 20k more expensive, and has a real chance of being a fraud trial.

Why are we giving private companies boatloads of tax dollars to develop vaporware?

Nonononono. So long as those profits are going to private pockets, they are FAR from nationalized.

Nah, SpaceX does good work for NASA. Instead nationalize Musk’s shares.

Like? So far they've just wasted billions of dollars and "rapidly disassembled" rockets using tax payer dollars

I know that development costs are mind boggling in scale, we’re looking at around $5B dollars so far on Starship, (and the government only paid for part of that).

But let’s put that into perspective, it was around $11B NASA spent on developing SLS, and SLS costs $2B per launch. So we’re still within comparable costs for development of a heavy lift vehicle.