Elon just created 4,400 millionaires in a single day.
400 of them are now worth over $100 million.
These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.
Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.
Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."
The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.
Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.
Instead of watching an hour of Netflix, watch this 2 hour hour Stanford lecture will teach you more about how LLMs like ChatGPT and Claude are built than most people working at top AI companies learn in their entire careers.
I spoke with @porterstansb to discuss why he believes America is heading toward a great financial reset by 2029.
He believes the combination of a collapse in Social Security, the currency debasement, and a breakdown of the social compact will lead to destruction of investor portfolios.
Porter describes how to build a portfolio to survive what's coming, including gold, bitcoin, timber, and his Honeycomb Portfolio strategy.
YouTube: https://t.co/Rxe0e8CTOx
Spotify: https://t.co/OLm6gJ5UNV
Apple: https://t.co/sFEoYrXSks
TIMESTAMPS:
0:00 - Intro
1:00 - What is the Fourth Turning?
3:21 - Why 2029 is the year of the great reset
9:57 - How past monetary resets happened (1933 & 1971)
12:58 - Both parties grow government — there's no off ramp
21:52 - Currency debasement & the real wage collapse
35:50 - Is there any way to stop the crisis?
42:53 - Warren Buffett's 20 years of mistakes
51:43 - The permanent portfolio explained
1:01:28 - How to price gold vs. bitcoin
1:06:39 - Bitcoin's biggest mispricing in a decade
1:10:16 - Why Timber belongs in your portfolio
1:13:42 - Honeycomb portfolio strategy & closing
You’ll help her through her toughest battles.
She is incapable of helping you with yours.
The second you NEED her in this capacity.
Not only does she disappoint you. But she won’t find you attractive anymore.
Handle your own shit. Plus hers.
Man up.
MASSIVE BREAKING: A NEW STRATEGIC #BITCOIN RESERVE BILL WAS JUST INTRODUCED IN CONGRESS
BILL WILL ALLOW TAXES TO BE PAID IN BTC EXEMPT FROM CAPITAL GAINS
THIS IS ABSOLUTELY GAME CHANGING 🚀
Elon Musk Just Told Us the Next Billion Dollar Investment! MILLIONAIRES ARE ABOUT TO BE MADE!
I had to take a second and react to this as the future is going to be INSANE!
$TSLA $JOBY $ACHR