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.
๐จ CANADAโS INDUSTRIAL COLLAPSE under @MarkJCarney
โ With receipts ๐งพ
๐ Honda Alliston, ON โ Cancelledโ $15 Billion
๐ Stellantis Brampton, ON โ Moved to Illinois โ $500 Million in aid pocketed
๐ Stellantis Windsor Battery Plant โ Sold stake for โ $100
๐ GM CAMI Ingersoll, ON โ PERMANENTLY CLOSED โ $2 Billion retool gone
๐ GM Oshawa, ON โ Production moved to Indiana โ $280 Million lost
๐ Ford Oakville, ON โ EV production moved to USA โ $2.3 Billion gone
๐ Northvolt Quebec โ BANKRUPT โ $7 Billion evaporated
๐ Invista Kingston, ON โ Moving to Texas โ 500 jobs gone
๐ Umicore Ontario โ Shifting to Poland & South Korea โ $260 Million gone
๐จ๐ฆ TOTAL INVESTMENT LOST:
๐ฐOver $50 Billion
Ottawaโs response?
Press releases. Photo ops.
A delusional PM who thinks your gas is cheap.
โWe are a Energy Superpower ๐จ๐ฆ
Clean Energy is needed to build a Sustainable Prosperous Economy ?๐ค๐๐ป๐จ
This is managed decline with a price tag. ๐จ๐ฆ
RT until every Canadian sees this ๐
#CdnPoli #AutoIndustry #Honda #GM #Ford #Stellantis #Ontario #Manufacturing #MarkCarney #Canada
BREAKING: Melanie Joly admits in committee most of the 49,000 Chinese EVโs are Teslas built in China.
No origin label required in Canada ๐จ๐ฆ
Raquel Dancho SLAMS Joly EV plan. They did not turn cameras off for this one.
Ex-Tesla President just revealed Elonโs decision that changed everything...
Elon looked at their struggling online sales and asked one question:
"How many clicks does it take to buy a Domino's pizza?"
They pulled it up. 10 taps.
Tesla was at 64 clicks to buy a $120,000 car.
Elon's response:
"We are 64. Domino's is 10. Let's go to 10."
Then they ran the data on their 360,000 car configurations.
Customers were only buying two.
They cut it to two. Sales exploded.
The most expensive product in the room was the hardest to buy.
One comparison changed that forever.
@DriveTeslaca Worst part about my 2023 RWD model y is the range. The RWD when Putin slip or sand mode is just as good as any other vehicle in the snow.
Elon Musk just exposed the one lie every modern nation tells itself.
Musk: โIn 1969, we were able to send somebody to the moon.โ
Rotary phones. Computers the size of rooms. Slide rules.
We put a human on the moon with less processing power than your watch.
Musk: โThen the space shuttle retired, and the United States could take no one to orbit.โ
The most advanced nation in human history went from footprints on the moon to zero capability of leaving the atmosphere.
That is not a funding problem.
That is civilizational decay dressed up as a policy decision.
Musk: โPeople are mistaken when they think that technology just automatically improvesโฆ it will, by itself, degrade.โ
That sentence should keep you up tonight.
We treat progress like gravity. Like it pulls us forward whether we try or not.
It is the opposite.
Progress is a boulder on a hill. The second you stop pushing, it rolls back over you. And it never announces itself.
Musk: โYou look at great civilizations like ancient Egypt, and they were able to make the pyramids, and they forgot how to do that.โ
They did not run out of stone.
They were not conquered.
They got comfortable. And the knowledge bled out so quietly that nobody noticed until it was already gone.
That is the real threat to everything we have built.
Not a nuclear flash. Not an asteroid. Not some dramatic Hollywood collapse.
A quiet forgetting.
Every chip we fabricate. Every rocket we launch. Every data center we power. All of it held together by a thin fraction of the population working at a pace that would break most people.
The moment that fraction gets tired or outnumbered by people who believe the machine runs itself, everything dissolves.
And here is the part nobody wants to say out loud.
We are not special. We are running the same operating system as every civilization that came before us.
Comfort is the sedative. Complacency is the flatline.
One generation that stops fighting is all it has ever taken.
You do not lose the future in a war.
You lose it in your sleep.