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- Claim Text
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“Given the size of its net operating loss, the company almost surely didn’t pay any federal tax for years,” said Gregg Polsky, who teaches tax law at New York University School of Law.
- Simplified Text
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SpaceX likely didn't pay federal tax for years due to net operating loss according to Gregg Polsky
- Confidence Score
- 0.800
- Claim Maker
- Gregg Polsky
- Context Type
- News Article
- Context Details
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{ "person": "Gregg Polsky", "company": "SpaceX", "profession": "Tax Law Professor" } - UUID
- 9fdb578c-ab2c-4e8f-8bdb-a795dc0ea44b
- 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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2 days ago
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®i_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.
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