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Claim Text
In 2020, federal contracts generated almost 84 percent of the rocket maker’s revenue, according to the documents, a figure that had not been previously reported.
Simplified Text
Federal contracts generated almost 84 percent of SpaceX's revenue in 2020.
Confidence Score
0.900
Claim Maker
The author
Context Type
News Article
Context Details
{
    "year": "2020",
    "source": "documents",
    "company": "SpaceX",
    "subject": "federal contracts",
    "percentage": "84 percent"
}
UUID
9fdb577b-5a75-4c9f-ac07-cf2e6f5edb89
Vector Index
✗ No vector
Created
September 12, 2025 at 2:29 AM (2 days ago)
Last Updated
September 12, 2025 at 2:29 AM (2 days ago)

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Screenshot of https://www.nytimes.com/2025/08/15/technology/spacex-musk-government-contracts-taxes.html?campaign_id=9&emc=edit_nn_20250815&instance_id=160603&nl=the-morning&regi_id=122976029&segment_id=203954&user_id=b25c5730c89e0c73f75709d8f1254337
https://www.nytimes.com/2025/08/15/technology/spacex-musk-government-contracts-taxes.html?campaign_id=9&emc=edit_nn_20250815&instance_id=160603&nl=the-morning&regi_id=122976029&segment_id=203954&user_id=b25c5730c89e0c73f75709d8f1254337

SpaceX, Elon Musk's company, has likely paid little to no federal income taxes since 2002, utilizing tax benefits and past losses. The company's heavy reliance on government contracts is highlighted.

SpaceX
Elon Musk
Taxes
Government Contracts
Corporate Finance
Tax Law

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