Jen M

Life is a gift✨🍀 |Crypto| AI

[Jen M @ScrantonRealtor]

Very Insightful, must listen to talk with @elonmusk

[Elon Musk @elonmusk]

Galaxy Mind

[Nasdaq @Nasdaq]

$SPCX. Now trading on Nasdaq.

[SpaceX @SpaceX]

Liftoff! First $SPCX trade complete 🚀

[zerohedge @zerohedge]

*MUSK BECOMES WORLD'S FIRST TRILLIONAIRE AS SPACEX JUMPS AT OPEN

[The Kobeissi Letter @KobeissiLetter]

We are now just ~24 hours away from the largest IPO in history.

Tomorrow, SpaceX is expected to close the day with a market cap ABOVE $2 trillion.

This would make SpaceX at least the 7th largest public company in the world.

All eyes are on SpaceX.

[David Sinclair @davidasinclair]

After 25 years of brave & brilliant work by hundreds of scientists in my lab to understand then safely reverse aging for the first time, it was moving to witness the first human dose being delivered 🥹 https://t.co/veQsyUEORz

[New York Yankees @Yankees]

Ending the Weekend with a W.

#RepBX

[Kentucky Derby @KentuckyDerby]

Woke up a Kentucky Derby AND Belmont Stakes winner!

[Kentucky Derby @KentuckyDerby]

Golden Tempo wins… AGAIN 👏👏

[America'sBestRacing @ABRLive]

HISTORY IS MADE!!

GOLDEN TEMPO wins the Belmont Stakes 🏆

@reredevaux l @jose93_ortiz l @BelmontStakes

[FOX Sports @FOXSports]

Incredible 👏

Golden Tempo's Trainer Cherie DeVaux had a classic reaction to the @belmontstakes win!

[Jen M @ScrantonRealtor]

✨🏇

[Kentucky Derby @KentuckyDerby]

Kentucky Derby winner Golden Tempo wins the 158th Belmont Stakes with Jose Ortiz aboard for Cherie DeVaux, claiming the final leg of the Triple Crown.

They did it.

[Belmont Stakes @BelmontStakes]

🌹@KentuckyDerby winner GOLDEN TEMPO is here in the paddock getting ready for the Belmont Stakes pres. by @NYRABets!

[NewLimit @newlimit]

Following breakthrough results, we’re bringing longevity medicine to human trials.

We’ve raised a $435M Series C led by @foundersfund to make it happen.

Reprogramming cell age has the potential to create more healthy years for everyone. We're closer than ever to realizing it.

[Elon Musk @elonmusk]

True:

“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.”

[Peter Sellis @petersellis]

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.

[Belmont Stakes @BelmontStakes]

Kentucky Derby winner GOLDEN TEMPO has arrived at Saratoga for the Belmont Stakes pres. by @NYRABets!

[Garry Tan @garrytan]

We are living through the Apple II moment for AI, and people reading this will be some of the people who create the personal AI for billions of people for decades from now.

I want to be one of them. I want you to be one of them with me!

[Preakness Stakes @PreaknessStakes]

Napoleon Solo under Paco Lopez wins #Preakness151 for trainer Chad Summers!

[Preakness Stakes @PreaknessStakes]

Good morning, Maryland.

Let’s get this party started. First race is 10:30am.
#Preakness151