I see many of you are still bitching about a man who builds rockets, autonomous cars and satellites becoming rich - on the platform he owns.
Maybe get out of bed and go build something yourself?
He’s floated Space X. How many consumers are being price gouged buying rockets? I ask again — give me an example of how Musk becoming a trillionaire (only on paper — he doesn’t have a trillion dollars under the bed) affects you.
@Bobbynx2z Fucking life Chris. Living is fucking expensive as fuck because of billionaires and their cuckass boyfriends like you.
Go lick pennies off a billionaires boot on someone elses thread you fucking embarassment.
Russia sold Elon Musk three broken rockets for $8 MILLION and laughed him out of the room. He went home and built SpaceX. It went public today at $1.8 TRILLION and made him the first trillionaire in human history.
– In 2002 Musk flew to Russia to buy an old ICBM missile to send a greenhouse to Mars.
– The Russians thought he was a joke. They quoted him $8 MILLION per rocket and dismissed him entirely.
– On the flight home he opened a spreadsheet and calculated he could build the rocket cheaper himself. He had never built a rocket in his life.
– SpaceX was founded with $100 MILLION of his own money from selling PayPal.
– Most of the aerospace industry gave it two years before it collapsed.
– The first three rockets exploded. By 2008 he was nearly bankrupt. Tesla was also failing at the same time. He had one launch left.
– The fourth rocket worked. NASA noticed. They handed SpaceX a $1.6 billion contract within months.
– Today SpaceX priced its IPO at $135 per share targeting a $1.8 TRILLION valuation.
– The largest IPO in human history. Bigger than Saudi Aramco. Bigger than anything.
– Musk's net worth crossed $1 TRILLION today. The first human being in history to reach that number.
– He controls over 82% of SpaceX's voting power post IPO and cannot sell a single share for one year.
– The same Nasdaq that has listing rules waived them specifically for SpaceX, dropping it immediately into index funds.
– Millions of people's retirement savings now own SpaceX stock whether they chose to or not.
The Russians who laughed him out of that room in 2002 work for an economy worth $2 TRILLION.
The company he built out of embarrassment is now worth $1.8 TRILLION on its own. He did it in 24 years starting with a spreadsheet on a flight home.
Elon is not the reason they’re poor, Liz.
His companies will pay taxes that fund their benefits.
America is lucky to have wealth creators.
As I said - she’s insufferable.
@BrunoCostoli And if you think he is where he is because he's lazy or stupid, you're ignorant.
People take huge risks and many years of unrewarding graft to build businesses.