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2wheels30 t1_j1sd4ij wrote

Reply to comment by Clawsickle in Meet the amateur astronomer who found a lost NASA satellite by jarvedttudd

Most of his wealth came from ownership in Tesla and the massive rise in share price, not from a lost SpaceX satellite. Now he did utilize a ton of government grant money and government backed loans (ultimately forgiven) to get Tesla off the ground, and you could say that his manipulation of the market around Tesla (and other things) was wrong, but this satellite is small potatoes.

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noncongruent t1_j1spryo wrote

> government backed loans (ultimately forgiven)

Minor correction, those loans weren't forgiven, they were paid back a decade early, with a prepayment penalty:

https://www.teslarati.com/tesla-doe-loan-early-repayment-penalty-elon-musk/

Tesla wasn't the only company to get loans from the DOE program created by Bush intended to help kick start certain technologies in this country.

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2wheels30 t1_j1sqawx wrote

My bad, I thought some of the title 17 loans were forgiven. I'm happy for any group that is eligible to use them. Rather that money go towards clean(er) tech than our inflated defense budget.

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