When traveling into the U.S., please note that bushmeat is prohibited to bring into the country. Before you come back from your trip abroad, check CBP's restricted items list about the items you plan to bring back. ➡️ https://t.co/02J14VASbn
Goth Girl Spit is now a real energy drink that you can actually buy thanks to Echelon
Real spit was only used for "testing purposes only" and the citrus-flavoured drink has already sold out
NORAC UC5, Hagie Truss 120’ boom, NORAC rocks boom if you try to run through the field. Will even do so as you sit still eventually even with sensitivity down to 1.
Anybody faced a similar issue?
@ckleene Kids and the gf have been the beneficiaries of everything slowing down a bit.
$15 and an hour and you’re in business. Amazing what you can do with a $2 loaf of fresh bread and some toppings.
Good math, but not all quite there:
First, SpaceX pays fairly average, but for more than a decade they have offered regular (~bi-annual) liquidity to employees. To live comfortably (especially to have a family) in LA County, most employees would have sold a little bit here and there, if not a lot (e.g., if they were the sole earner in a household).
Second, critically, because there is no double trigger (in order to facilitate the liquidity), most people default to "sell-to-cover" — i.e., ~40-50% of their holdings are immediately sold to cover the taxes on vest. Remember these vests are W-2 events. In order to not do this, the employee would need to come up with significant cash (because the taxes are paid against the price at vest, not the price at grant) — especially later on.
However, two things make SpaceX particularly awesome IMO:
1. They gave employees the option to choose stock or options along the way. Someone who took options and paid the taxes with cash would have done very well.
2. They gave stock to everyone. There are a bunch of highly skilled workers that we on X never think of, like Tube Benders, Orbital Tube Welders, Cleanroom Technicians, etc. that are going to make significant fortunes.
Maybe it's overly quixotic, but this last point is underrated part of @elonmusk attacking physical problems, not just software ones, with 100x thinking: a bunch of people in the types of jobs America needs and romanticizes (for good reason) will be rewarded with the kind of wealth that really would not be possible at any other company they would have chosen.
An incredibly positive story that, if you can't see it in that light, you should look inward.