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SpaceX’s S-1 form tells us that the company has claimed a total of $1.9 billion in “uncertain tax benefits” (UTBs). These are tax breaks that the company has claimed on its tax forms, but that it believes would more likely than not be rejected by a properly functioning IRS.

I didn't think that's true? In fact from what I've found it's exactly the opposite. That UBS is a list of tax benefits that the company believes are "more likely than not" to be sustained.

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SpaceX tells shareholders: "We claimed a total of $1.9 billion in uncertain tax benefits. These are tax breaks that would likely be disallowed on audit" | Spyke