Trump’s crony & billionaire F’Elon Musk isn’t above looting the treasury by pretending to be a “small” business:
Musk founded Boring in 2017 as a subsidiary of SpaceX. Its raison d’être was rectifying Southern California gridlock via a subterranean transportation network, though it has failed in that regard. In 2018, Musk spun off Boring, making it a privately held company that has largely served to promote his car manufacturer, Tesla. Through the gravity of its founder, carefully staged photo ops, and alleged environmental and labor violations, Boring has maintained media interest throughout its eight years of existence. But it remains the least distinguished of Musk’s companies. It has struggled to generate revenue despite receiving hundreds of millions of dollars in fundraising.
The company, which is based near Austin, Texas, has built just a few miles of commercial tunnels, all of which are located in Las Vegas, Nevada. Its failure to generate substantive business could explain why it would seek federal funding from a White House that has proven to be partial to Musk’s business interests. A senior Trump adviser, Musk also leads the Department of Government Efficiency (DOGE), the White House’s austerity and parapolitical initiative. Steve Davis, the president of the Boring Company, is reportedly in charge of DOGE’s day-to-day operations.
Musk-owned company says it qualifies for federal contracts reserved for small businesses
Not long after Donald Trump won the 2024 election, Elon Musk’s $7 billion tunneling company registered as a small business on a government portal for federal contractors.
https://www.muskwatch.com/p/musk-owned-company-says-it-qualifies
