French President Emmanuel Macron on Wednesday cited state support for Elon Musk’s Starlink as an argument for public investment in European industry, provoking a response from the world’s richest man after calling him “oversubsidized.”
“If you look at the U.S,, you have a lot of private money... but you have a lot of public money” too, he said.
“Everybody is fascinated by Starlink... But if you are lucid, Mr. Musk is probably one of the guys of the world who has had in his pockets the most... billions dollars of the American taxpayers in order to be subsidized,” he added.
“Elon Musk is first an oversubsidized guy by the federal agency in the U.S.,” he said, calling the approach “super-innovative.”
Macron told the truth👍
Macron called Musk ‘an oversubsidized guy"
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