Lasse Pennanen

Global Macro 🤭 📍Ritz
Man of the People 🥂

[Lasse Pennanen @lassio]

@SantiagoAuFund Its called engagement farming.

[Lasse Pennanen @lassio]

Hallituksen apuraha kriisissä tulee kiusallisen hyvin esille miten Kokoomus on muiden puolueiden tavoin läpi mätä ja kuppaamassa verovaroja ties mihin lomamatkoihin.

"olet vastuu ministeri mutta teemme työsi yhdessä" ... hiekkalaatikko hommia!

Chapeau @willerydman, keep going!

[Lasse Pennanen @lassio]

whoopsie

[Polymarket Sports @PolymarketSport]

🚨BREAKING: Someone just put $1M on Spain to WIN their match vs Cape Verde today

This pays out is $1,085,943.48 on Polymarket

[Lasse Pennanen @lassio]

So, mandatory age verification / digital ID to use social media?

How about keeping the streets safe first, and letting parents handle the parenting at home?

Priorities seem inside out.

It is also possible to regulate the addictive algorithms, as is being done in the US.

[Keir Starmer @Keir_Starmer]

We are banning social media access for under 16s.

These days kids must find their feet in a world where technology intrudes into every area of their life.

I just can’t let that go on anymore. So we’re giving children their childhoods back.

[Lasse Pennanen @lassio]

@JohnLeFevre Much more interesting is if he could swap his equity for a handful of European countries many of which would with any reasonable corporate valuation trade with ~negative equity 😂

[Lasse Pennanen @lassio]

So in other words it's good we are not all average? 😂

[Elizabeth Warren @SenWarren]

Elon Musk just became the world's first trillionaire.

The typical American household would have to work more than 11 MILLION years to make Elon Musk's level of wealth.

We need a wealth tax.

[Lasse Pennanen @lassio]

@PetriVoltti @ptarkkonen Tämän dynamiikan huippu olisi realisoimattomien myyntivoittojen verotus haha

Firma kasvaa hetken, laskennallinen arvo nousee, ei tulosta, joudut ottamaan velkaa maksaaksesi verot, firma konkurssiin ja verovelka hommia sitten loppu-ura 🤣

Milloinkohan keksivät tuon ikiliikkujan!

[Lasse Pennanen @lassio]

@elonmusk sir, you ever considered running an activist hedge fund?

PS. Congrats on SpaceX IPO! 🚀

[Lasse Pennanen @lassio]

Elon’s net worth is now ~$1T.
That’s bigger than the combined annual GDP of Malta + Cyprus + Estonia + Latvia + Lithuania + Slovenia + Slovakia + Croatia + Bulgaria.
Most people laugh at the GDP comparison. Using tax revenue as “sales” is more interesting.

[Lasse Pennanen @lassio]

7/ Obviously this will never happen.
But it was a fun exercise to think through 🤣 🐈 hahaa

Now back to World Cup.

[Lasse Pennanen @lassio]

Elon’s net worth is now ~$1T.
That’s bigger than the combined annual GDP of Malta + Cyprus + Estonia + Latvia + Lithuania + Slovenia + Slovakia + Croatia + Bulgaria.
Most people laugh at the GDP comparison. Using tax revenue as “sales” is more interesting.

[Lasse Pennanen @lassio]

6/ The turnaround plan:
Optimise parts of the state. Fix incentives on work and demographics. Replace political management with operators.
It wouldn’t be perfect, but might beat the current path for several of them.

[Jaylene🐰 @playmatejaylene]

The first trillionaire in human history

- Elon Musk
- Born in South Africa
- Bullied relentlessly as a kid
- Immigrated to North America
- Arrived with a backpack and a dream
- Built Zip2 with his brother
- Sold it 4 years later for $300 million
- Co-founded PayPal with the profits
- Revolutionised digital payments
- Sold PayPal to eBay for $1.5 billion
- Bet everything on Tesla and SpaceX
- Got mocked for electric cars
- Got laughed at for reusable rockets
- Nearly went bankrupt in 2008
- Kept building anyway
- Turned Tesla into the world’s most valuable automaker
- Made EVs mainstream and transformed the automotive industry
- Made reusable rockets a reality
- Reduced the cost of reaching space by 95%
- Sparked the modern commercial space race
- Built Starlink and connected millions around the world to high-speed internet
- Turned SpaceX into the most valuable private company in history
- Bought Twitter for $44 billion
- The world said he overpaid
- He was called reckless, stupid & crazy
- Advertisers fled, media declared it dead
- Critics called it the worst acquisition in tech history
- Renamed it 𝕏
- Rebuilt the platform anyway
- Turned it into one of the most influential platforms on Earth
- Launched xAI and accelerated the global AI race
- Sent astronauts to space
- Is trying to get humans to mars
- Created millions of jobs
- Generated hundreds of billions in value
- Inspired an entire generation of builders

Before:
- Failed repeatedly
- Worked insane hours
- Slept in factories and offices
- Got bullied, laughed at and mocked
- Constantly told “it’s impossible”
- Kept building anyway
- Made it possible

Today:
- Richest person on Earth
- First trillionaire in human history
- Largest IPO in history $1.77 trillion

Most people quit when the world laughs at them.

Elon Musk built the future instead.

Love him or hate him…

Nobody has changed more industries in a single lifetime.

Payments. Cars. Energy. Space. Social Media. Communications. AI.

History won’t remember the people who said it couldn’t be done.

It will remember the people who did it anyway.

Congratulations Elon.
The first trillionaire. 🚀

[Robert Sterling @RobertMSterling]

> you’ll never start a rocket company
> you’ll never build your own engines
> you’ll never be able to use off-the-shelf parts
> you’ll never survive three launch failures
> you’ll never reach orbit
> you’ll never win NASA’s trust
> you’ll never launch cargo to the ISS
> you’ll never compete with Boeing
> you’ll never compete with Lockheed
> you’ll never make rockets reusable
> you’ll never land a rocket vertically
> you’ll never land one on a drone ship
> you’ll never reuse a booster
> you’ll never fly the same booster 10 times
> you’ll never fly the same booster 20 times
> you’ll never fly the same booster 30 times
> you’ll never recover and reuse the fairing
> you’ll never lower launch costs
> you’ll never launch every month
> you’ll never launch every week
> you’ll never launch multiple times a week
> you’ll never carry astronauts
> you’ll never replace Roscosmos
> you’ll never fly civilians to orbit
> you’ll never manufacture satellites at scale
> you’ll never build the biggest constellation ever
> you’ll never make satellite internet work
> you’ll never make satellite internet fast
> you’ll never make satellite internet affordable
> you’ll never serve rural customers
> you’ll never serve aircraft and ships
> you’ll never build a methane rocket engine
> you’ll never make full-flow staged combustion work
> you’ll never build the most powerful rocket ever
> you’ll never build a rocket bigger than Saturn V
> you’ll never build it out of stainless steel
> you’ll never launch Starship
> you’ll never separate Super Heavy and Starship
> you’ll never relight Raptor in space
> you’ll never bring Super Heavy back
> you’ll never catch a booster with Mechazilla tower arms
> you’ll never launch 85% of mass to orbit worldwide
> you’ll never change the economics of space
> you’ll never force the entire industry to copy you
> you’ll never win
> you’ll never IPO

Congratulations to @elonmusk and the SpaceX team. You did what countless people said was impossible, and you did it time and time again.

Today is your day. You deserve this. May it be a glorious one.

[King Phelz @KingPhelz]

Here you go 😂 https://t.co/nzi8Zs2oaK

[Lasse Pennanen @lassio]

@CliffordAsness Hear, hear!

[Lasse Pennanen @lassio]

@JukkaSavo Belfastissa mellakoidaan koska paikallista kaveria yritettiin mestata kadulla. Menetti kuitenkin silmänsä.

Pariisi paloi, koska PSG voitti Mestarien liigan.

Vain ensimmäinen tuomitaan mediassa. Juuh.