Musk responded to Macron saying he is the person who receives the most subsidies from the US government

A netizen shared a video of French President Macron’s speech at an event on

Musk responded: "In fact, that's true of our competitors, especially Europe."

Musk continued: “If you add up all the government funding that Tesla and SpaceX have received so far, it only accounts for about 1% of the total market value of these two companies.

By comparison, if the same calculation was done for the major US and European aerospace companies, they receive more than 100% of their value in government funding! "