SpaceX Likely Avoids Paying Taxes, Says Report

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Source: The New York Times
SpaceX Likely Avoids Paying Taxes, Says Report
Photo: The New York Times
TL;DR Summary

SpaceX, heavily reliant on federal contracts and with significant accumulated losses, has likely paid little to no federal income taxes since its founding, leveraging a legal tax benefit that allows it to offset future taxable income with past losses, raising questions about its tax contributions despite its profitability and government reliance.

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