This chart, via Visual Capitalist’s Pallavi Rao, ranks the companies which have received the most American taxpayer support (in the form of government subsidies) since the year 2000.
Government subsidies take a variety of forms: tax credits, abatements, training reimbursements and direct grants.
Ranked: Companies Receiving the Most Government Subsidies
Over the last quarter of a century Boeing has received nearly $16 billion in government subsidies, putting it at the top of this list.
| Rank | Company | Industry | Subsidy Value (2000–2024) |
|---|---|---|---|
| 1 | Boeing | Industrial | $15.5B |
| 2 | Intel | Tech & Media | $8.4B |
| 3 | Ford Motor | Automotive | $7.7B |
| 4 | General Motors | Automotive | $7.5B |
| 5 | Micron Technology | Tech & Media | $6.8B |
| 6 | Amazon | Tech & Media | $5.9B |
| 7 | Alcoa | Industrial | $5.7B |
| 8 | Cheniere Energy | Energy | $5.6B |
| 9 | Foxconn Technology Group | Tech & Media | $4.8B |
| 10 | Venture Global LNG | Energy | $4.3B |
| 11 | Texas Instruments | Tech & Media | $4.3B |
| 12 | Volkswagen | Automotive | $4.1B |
| 13 | Sempra Energy | Energy | $3.8B |
| 14 | NRG Energy | Energy | $3.4B |
| 15 | NextEra Energy | Energy | $3.4B |
| 16 | Sasol | Energy | $2.8B |
| 17 | Tesla | Automotive | $2.8B |
| 18 | Stellantis | Automotive | $2.8B |
| 19 | Walt Disney | Tech & Media | $2.6B |
| 20 | Nucor | Industrial | $2.6B |
Most of the subsidies have come from Washington State, which has nine preferential tax rates that benefit the aerospace industry.
Boeing has an assembly plant in the city of Everett—reportedly the largest manufacturing facility in the world—where it makes the 747, 767, 777, and the 787 airplanes.
There’s more to this Boeing story—but we cover that in the next section.
Ranked second, Intel’s received more than $8 billion from the government since 2000.
Hellbound and Down 