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Elon Musk's rocket company gets subsidies from U.S. and France Published: April 30, 2014

Billionaire entrepreneur Elon Musk justifies U.S. subsidies for his rocket company by pointing to French subsidies for his competitors, reports the Washington Examiner.

The problem: Musk's company also profits from those same French subsidies.

It’s a standard tale of corporatism: Governments engage in an economic arms race, while the corporations profit from the attention.

H/T: Drudge Report
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