Elon Musk becomes world’s first trillionaire after SpaceX IPO
SpaceX's IPO surged about 19% on its first day of trading, valuing the company near $2.1 trillion and lifting Elon Musk's net worth to roughly $1 trillion, making him the world's first trillionaire. The market move reflects strong investor pricing of SpaceX's satellite and launch businesses and the value of Musk's sizable equity stake. The milestone reshapes global wealth rankings and sharpens debates over wealth concentration, potential market ripple effects, and policy responses on taxation and corporate power.
It's an objective fact that Elon Musk is a mass murderer. He intentionally caused the deaths of millions of people. There's no caveats to this, no alternative explanations, no defenses, no missing context; that was the sole reason for doing what he did.
And everyone who supported it or engages with him is complicit
ludicrous that he posts constantly about how we’re in a race war, deliberately took actions to kill millions of non-white people, and we’re expected to treat him differently than, say, slobodan milošević or jeffrey dahmer
And he did it in a mood of frivolity, apparently incapable of understanding the solemnity of his depraved heart indifference mass murder.
Stalin’s Holodomor is a good comp here, I think. Reckless neglect caused by ideological rigidity & the pursuit of a narrow agenda authored by a single hierarch with extreme power is essentially indistinguishable from statist violent abuse.
He's a eugenicist so yeah. Any money going to help the wrong sort of people (non whites) is money misspent. He really should be in jail for some of the stuff he's done but instead, well, here we are.
It's worth adding that it's quite clear Musk killed USAid because he wanted Black people to die.
There's no clean way to "make" a trillion dollars.
The world’s first trillionaire was exactly the one we deserve. A monster.
Like so much we say about the T administration, sounds like hyperbole, but it is absolutely true.
People need to stop talking about his trillionaire bull shit and talk about this subject .. more. He IS another evil Nazi mass murderer who needs to be stopped.. what an evil Scumbag 😡
In any other circumstance it wouldn’t be hard to imagine that the richest person in the world and the worst person world could be the same person. In this case it’s an indisputable fact.
You could really say the same about a number of Republicans during the COVID outbreak, they knew their rhetoric and policies would get people killed but made the political calculation to do any anyway. No blame, no consequences. Rinse. Repeat.
Musk admits to putting USAID through the shredder. Musk also knew it would kill millions of children and people. I call that premeditated.
For this reason and many more, it should be up to his estate to sue for damages when SpaceX is broken up or liquidated
Several years ago, Elon tweeted about how he came up with the name Tesla, only to be reminded that the company's *real* founders, Martin Eberhard and Marc Tarpenning, came up with the name long before Musk got involved with the company. Yes, he is a fraud.
I always found it weird he didn't call the company "Edison" after the big industry mogul who exploited the work of Tesla. Much more suiting for his character.
I think Nikola Tesla has more to do with the name. Also Musk isn't a Nikola Tesla he's a fucking Thomas Edison. A thief of ideas.
He’s a real colonizer through and through. No original ideas or plans he just buys his way in and takes over and calls himself an inventor of whatever is he buys out.
Elon never invented anything. He's not that smart. His genius is spotting talent and buying their idea.
Everything about Musk is fraudulent. He BOUGHT Tesla, and didn't turn a profit for years. Its income came from gov't credits. SpaceX has value mostly from gov't contracts (our tax dollars) and leasing its servers to other AI companies bc Grok is a failure, but it still posted almost $5B in losses.
That's how you become a trillionaire in America. By scamming and conning your way there.
#Musk’s SpaceX pockets $75 billion at $135 per share, the biggest IPO ever. A predictable triumph, perfect as a showcase for Trump’s oligarchy’s favorite #ElonMusk (DOGE), turning every achievement into a piece of cynical political theater. #FuckMAGA #FuckElonMusk
Remember SpaceX intellectual properties came from NASA funded McDonnell Douglas DC-X. en.wikipedia.org/wiki/McDonne...
The guy who did this is a “trillionaire.”
He's also not engineer, no inventor, other than financial engineering and invention. And, all on the backs of us taxpayers and corrupt crony capitalism.
Fraud and a Nazi SOB!
Tesla and SpaceX used to have a team whose job it was to keep Elon away from touching things. Often top execs. PayPal would give him code to occupy him, and not let his code touch the release versions. He’s a nothing, just like Trump. If not for his rich daddy and the American government…
He was lucky to buy businesses with future, that were started by somebody smart. All his own "inventions", like Hyperloop, Boring company etc are stupid and out of touch, just like he himself.
This is what megalomanics do. They rewrite history in their favor. Not only is Elon a fraud, he is corrupt and a racist.
Who funded every business venture Elon Musk has launched? US taxpayers, involuntarily. What have they gotten from the investment? Nothing whatsoever.
Hunter Biden gets candid on Elon Musk: “You’ve got some motherf-cker who’s made over $251 billion being a United States citizen, that got here and stayed here illegally before he got his citizenship, sitting here lecturing us on who we should allow into the US” www.reddit.com/r/Fauxmoi/co...
Oh, but you forget the millions who'll die because USAID was defunded by DOGE. Of course, most of those will be foreigners, so who gives a shit, right?
One could argue that American taxpayers unwillingly funded the creation of an immoral, sociopathic monster who has used his wealth to destroy our society.
Makes me wonder how much he’d be worth if he had to pay his government loans back and had to pay taxes on his wealth
Hunter Biden’s Rant About Elon Musk Resurfaces & People Actually Think He Has A Point littlethings.com/entertainmen...
But WHO literally gave away to him the contracts, subsidies and tax credits? This is more a feature and not a bug of our political and economic system. This is what taxpayers get for being “low info” voters.
And therein lies the problem…these moochers socialize the costs…but then hang on to the profits…then manipulate tax law to never pay their fair share…lather rinse repeat…
Sometimes getting nothing immediately back is fine and good. Recyclables, soft power. Cancer research. Long game is more important and worth losses even. But this bitch is a trillionaire and this is straight up parasite shit. He should be paying us to test his bullshit.
Just saw some jerkoff on The Weekend saying don’t bet against Elon. That’s like saying don’t bet against AOL.
The only reason he’s a trillionaire today is because he’s being propped up
Musk has been sucking the life out of the US for years. Wealth does not equal value. (Where is the inequality sign?)
I want my Social Security to be funded from his govt. contracts!
Unless you’re really into explosions.
Genghis Khan killed millions of people but he also fathered hundreds of children. Could Elon Musk do the same thing?
Actually, it’s a serious question. He’s insane enough.
He’s already killed millions by destroying USAID. The only question is if he can pay enough women to father his children. A: Yup.
This one’s a little too real. I’m genuinely surprised no one’s actually written this article.
Bravo. One of your best.
Already did, Ebola in Africa and who know how many baby in the Mucky compound
Elon Musk is not a trillionaire. If I wrote a check to you for a billion dollars, since you can not turn that check into a billion dollars, you would not be a billionaire. Elon Musk cannot cash out to the tune of a trillion dollars. I suspect he couldn't even manage one billion.
True! It's also an IPO, and that share price is going to fall HARD after the first offering. It's all bullshit. It's rich people determining how rich they all are based on a rule system they created.
I keep telling people that and being attacked and insulted.
Unfortunately, the trick at that point is that he doesn't need actual wealth, he can just get infinite loans from all the banks etc. that are just as gullible as the rest of us about thinking "Surely I won't be the one left holding the bag..."
Things would collapse. One person having that much paper wealth really is terrible for everyone and I do mean everyone
Oh, he could produce a billion in cash, but he would lose control over Tesla if he did. Sell enough shares, and the board would boot him out on his ass quicker than shit.
I have a gut feeling that if he actually TRIED to cash out at any level, the stock price would plummet like a Starship test in landing phase.
Yes! You might as well say he's an Eleventy Billion Kajilionaire.
Precisely. Gold standard used to support value of cash in circulation. Today illusory paper wealth based on mirrors and smoke of latest Space X rocket blowing up more of its investor billions