Narativ with Zev Shalev

Narativ with Zev Shalev

Elon Musk Built His Empire on Public Money. Now He’s Coming for Your 401(k).

A money-losing company, valued by the man who owns it, is about to land in your retirement account. The S&P said no. The index funds don't get a vote.

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Zev Shalev
Jun 14, 2026
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Elon Musk built his businesses on the back of public money. Now he has a new target: your retirement account.

The SpaceX IPO is nothing less than a government boondoggle, weaponized against America’s savings. Musk’s companies have taken at least $38 billion in government contracts, loans, subsidies and tax credits since 2003, the Washington Post counted …

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