Neat. The government gets a 50% stake in only the Grok part of SpaceX, not the profitable parts of it… And then the government has an incentive to help Grok profit.
This is bad because it seems like
Elon Musk remains untaxed on the profitable parts of his company
the government is incentivized to build Grok more poison methane turbines to pump its share value
In what way is a tax a purchase? It’s ownership but not purchase.
The government, on threat of imprisonment, says give us your stock. No money changes hands, only the AI companies lose.
Neat. The government gets a 50% stake in only the Grok part of SpaceX, not the profitable parts of it… And then the government has an incentive to help Grok profit.
This is bad because it seems like