Legacy banking is getting absolutely cooked right now… and it’s beautiful 🔥
@ShaunMcKnight just dropped the receipts: 𝕏 Money already paying 6% APY on cash balances + 3% instant cashback. Traditional banks are literally crapping bricks 💩🧱
Why? Because the whole system is bloated with overhead, middlemen, and 20th-century thinking.
But here’s the exciting part — Elon is about to bring the same operating system that built Tesla, SpaceX, Neuralink and xAI straight into finance 🚀
Three principles that change everything:
1️⃣ “The best part is no part”
Ruthlessly delete every unnecessary middleman, fee, and requirement. Question everything. Assume the legacy way is dumb until proven otherwise.
That’s how we go from 0.01% savings rates to 6% overnight.
2️⃣ Full vertical stack ownership
End-to-end integration. Payments feed lending. Data powers smarter rates. Every product loops back into the ecosystem — just like Tesla’s energy flywheel or Starlink’s satellite network.
No more fragmented capital. Everything compounds.
3️⃣ Flat, iteration-obsessed org
Speed over hierarchy. Decisions in hours, not board meetings. Small teams shipping daily.
That’s how you move at the pace of software while everyone else is still filling out forms in triplicate 🤪
Neobanks started the revolution.
𝕏 is finishing it — at planetary scale.
This isn’t just better rates.
It’s liberated capital, lower costs for everyone, and real power back in people’s hands.
The future of money isn’t complicated.
It’s simple, transparent, and built to serve humans first.
Finance was overdue for this kind of disruption.
Who else is hyped to watch it unfold?
ADD VALUE FIRST ⚡️ Let’s build it.
@x@XMoney@REDWRITER
#BeExcitedAboutTomorrow #BEATSparks
I can confirm with 💯 certainty that 𝕏 Money is accumulating interest at 6% APY on our cash balances, and paying 3% cash back on card spend (with a near instant “Redeem” now option on the latter)! 🔥
The domestic banking industry has to be CRAPPING BRICKS! 💩🧱
Marc Andreessen went on Chris Williamson's podcast and broke down exactly how Elon Musk runs multiple companies at once
No other CEO on Earth does this:
1. Every week, Musk shows up at each of his companies, identifies the single biggest problem that company is having that week, and fixes it. Then he does that for 52 weeks in a row. At the end of the year, each company has solved its 52 biggest problems. Meanwhile, most large companies are still having the planning meeting for the pre-planning meeting for the board presentation with the compliance review and the legal review attached.
2. This is not a new operating method. It is actually how the great industrialists of the late 1800s and early 1900s ran their companies. Henry Ford, Andrew Carnegie, Thomas Watson, who built IBM. Total devotion from the leader to fully and deeply understand what the company does, be in the trenches, talk directly to the people doing the work, and be the lead problem solver in the organization. Andreessen says he is not aware of another current CEO who operates this way.
3. The framework Musk uses is the bottleneck. In any manufacturing chain, there is always one thing holding everything up. Sometimes it is raw materials at the start. Sometimes it is warehousing at the end. Sometimes it is in the middle. The job is to find it and remove it. Musk has universalized this concept across every company he runs. In any given week, there is one main bottleneck. He micromanages the solution to that one thing and delegates almost everything else.
4. Musk delegates almost everything. Andreessen is clear about this. He is not involved in most of what his companies are doing. He is involved in the one thing that is the biggest problem right now. Once that is fixed, he moves to the next biggest problem. Everything else by definition, is running better than the bottleneck, so it does not need him.
5. When Musk identifies the bottleneck, he goes directly to the engineer who actually understands it. not the VP of engineering, not the director, not the manager. The individual contributor who has the actual technical knowledge. He sits in the room with that person and fixes the problem alongside them. He does not ask for a report to be reviewed in three weeks. he shows up at the keyboard or on the manufacturing line and works through it overnight if necessary.
6. This is why technical people who work for Musk say it was the best experience of their lives. Andreessen's framing: if you are stuck on a problem you cannot solve, Elon Musk is going to show up in his Gulfstream, sit with you in front of the keyboard, and help you figure it out. For an engineer who genuinely cares about the work, that is an almost incomprehensible level of support from the CEO of the company.
7. Business school teaches the opposite of this: management as a generic skill applicable to any industry. Soup company or a rocket company, the management principles are the same. process, balance sheet, meeting schedules, compliance, executive motivation, interpersonal conflict resolution. Andreessen says those skills are useful in many contexts. They just give you nothing; you need to do what Musk does. And Musk pushes as far as he can away from all of that so he can spend all of his time doing the things only he can do.
@nikitabier@farzyness God bless her soul, Nikita.
Hard times create strong people 💪
May she rest in peace.
I think the Aladdin turned out great both back then and here today 👍
The most important aspect that most also don’t understand 🤦♂️
Truth is the only thing that matters..
We call it INTEGRITY for a reason.. because when there’s lack of it, we DISINTEGRATE.
Elon Musk just explained why truth will be the most valuable asset in the history of technology.
Not a weapon. Not a threat. An edge so total that nothing built on a lie can compete.
Musk: “I think you can make an AI go insane if you force it to believe things that aren’t true.”
He’s not warning you about AI. He’s telling you what happens to every institution, narrative, and system that can’t survive contact with a mind that thinks straight.
Musk reached for Voltaire here. Not casually.
Voltaire: “Those who can make you believe absurdities can make you commit atrocities.”
Written over 250 years ago about human beings. But a human can live inside a lie for an entire lifetime and never notice. An AI grounded in reality will pressure-test every assumption at computational speed. The false ones don’t survive that.
This is what the safety committees will never understand. You can’t filter reality and then ask a machine to reason clearly. Corrupt the inputs and the entire architecture becomes theater. Feed it broken premises and every conclusion comes out perfectly wrong.
Musk sees something the bureaucrats refuse to accept. Truth isn’t a policy position. It’s an engineering requirement. And the first team that builds on uncorrupted foundations will have something nobody else can replicate.
Not a faster model. Not a bigger dataset. A system that actually performs when it touches the real world.
Everyone’s worried AI will become too powerful. Musk is focused on making sure it doesn’t become too compromised to matter.
The AI that wins won’t be the one with the most parameters. It’ll be the one with the fewest lies baked into its spine.
That’s not a warning. That’s a promise. And only the truth collects on it.
With the cost of compute coming down, you would be able to spin something like this up for any of your favorite games with as many customized AI bots as you like ;)
Someone built a World of Warcraft server with 1,800 AI bots.
They talk to you.
They talk to each other.
They level up and walk around like real players.
He had zero coding experience.
AI helped him build the whole thing.
Dead Internet Theory is now playable.
Elon Musk just proved that ownership in America is a legal fiction.
Musk: “You get taxed on what you earn, you get taxed on what you buy, and you get taxed on what you own.”
Think about what property tax actually means.
You worked for decades. Paid it off in full. The deed is in your name.
Stop paying the government its annual fee. Watch them take it and sell it to someone who will.
You never owned that house. You were leasing it from an entity you never signed a contract with.
Income tax tells the same truth in softer packaging.
The government does not take a portion of your earnings. They decide how much of your own labor you are permitted to keep.
That is not semantics. It is a confession of who the system believes your time belongs to first.
Sales tax buries itself in the receipt. Two people exchange value voluntarily. A third party who contributed nothing takes a cut simply for allowing it to happen.
Now stack all three.
Taxed when you create. Taxed when you spend. Taxed when you hold. Taxed again when you die and try to pass it to your children.
At no point in that cycle does the system recognize your output as yours.
Because money is not an abstraction. It is crystallized human lifespan.
Every dollar taxed is an hour you already lived, already bled for, already gone.
The state is not managing an economy. It is claiming dominion over time you will never get back.
And spending it on systems you never asked for and actively oppose.
The institution extracting all of it faces zero obligation to perform. A contractor who delivers nothing gets fired. A bureaucracy that burns through trillions gets a budget increase the next fiscal year.
SpaceX pays taxes to the agencies that obstruct its launches. Tesla funds the regulators drafting rules to shield its competitors.
The builders are not subsidizing government. They are financing their own friction.
The tax code is 74,000 pages long. Not because the economy demands it. Because the extraction had to be buried in enough complexity that you would stop asking who it was designed to protect.
The past belonged to the people who taxed the world.
The future belongs to the people who build it.
SpaceX has signed a new compute lease deal with open-source AI startup Reflection that will pay @SpaceX $150 million per month. The payments would total about $6.3 billion if the agreement runs through the end of its term (2029).
Reflection said the agreement gives it additional computing power, or compute, capacity to accelerate what it calls “American open intelligence.”
Under the agreement, Reflection will get immediate access to Nvidia GB300s, and has agreed to pay SpaceX $150 million per month beginning July 1, 2026, through 2029. Either company can end the contract with 90 days’ notice after the first three months. https://t.co/Kl28as6ep1
BREAKING: SpaceX will be paid ~$2.32 billion per month from these 3 AI compute deals.
• Anthropic: $1.25B/month
• Google: $920M/month
• Reflection: $150M/month
That’s a nearly $28 billion annual run rate from AI compute alone.
Only ~5% of SpaceX stock is floating right now
~95% $SPCX is still locked
Most don’t realize bearish pressure often comes later, when insiders finally get liquidity
Unlock schedule below ⬇️
For reference, producing a single gram of antimatter requires roughly 25 TWh of energy.
Also, a pure antimatter powered starship to mars will need about 1 - 10 grams of it and take about 1 - 2 weeks to arrive.
We’re going to need a LOT of particle accelerators.
Elon Musk: "We’re in the final stages of completion of Optimus 3, which is really going to be by far the most advanced robot in the world, nothing's even close.
In fact, I haven’t even sent any demos of robots that are as good as Optimus 3, frankly.
We’ll start production on Optimus 3 this summer, but very slow at first. And then probably reach high-volume production around summer next year.
We’ll have Optimus 4 design complete by next year like, we will try to release a new robot design every year, an improved robot design every year."
In about 3 months or so, Tesla FSD is about to get a very useful next step.
Talking to Grok like you would talk to the world’s calmest Uber driver.
“Turn right here.”
“Drop us off at the entrance.”
“Park farther away, we’ll walk.”
That is the difference between a car following directions and a car actually being useful.
FSD plus Grok is going to feel very different.
@Tesla@Grok / Writer: Annette, Designer: Janné
@elonmusk And that’s why actions speak louder than words 😜 while everyone else is talking and measuring their.. rockets 😜 @spacex is quietly dominating the whole space industry 😎
Yesterday, Elon Musk exercised 304 million @Tesla stock options from his 2018 compensation package, according to a new SEC filing.
Tesla withheld 17.53 million shares at an average price of $404.66/share in connection with net share settlement. The transaction did not involve any open-market sales of stock.
To be clear, this was not a net sale of Tesla stock. Elon's overall Tesla stock holdings increased.
Elon now owns roughly 19.9% of Tesla.
Filing: https://t.co/4X7u6R7nNi