SpaceX Likely Avoids Paying Taxes, Says Report

TL;DR
SpaceX, heavily reliant on federal contracts and with significant accumulated losses, has likely paid little to no federal income taxes since its founding, leveraging a legal tax benefit that allows it to offset future taxable income with past losses, raising questions about its tax contributions despite its profitability and government reliance.
Elon Musk’s SpaceX Most Likely Doesn’t Pay Taxes The New York Times
Want the full story? Read the original reporting
Read on The New York Times