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.
Awesome This Is Football with Sean McDermott.
He oversaw one of the best QB development stories ever. I asked what advice he'd give teams on how to handle young QBs.
"Number one. There's only one Josh Allen. I was honored to be a part of his development."
A GREAT breakdown:
My dad hated our neighbor for 11 years. Said he was rude. Cold. Arrogant. Every morning the guy ignored everyone and drove off without waving. One winter my dad slipped on ice outside our house. Bad fall. Couldn’t move. Guess who sprinted across the street first? The “arrogant” neighbor. Called the ambulance. Covered my dad with his own coat. Stayed with him for 40 minutes in freezing weather. At the hospital my dad asked: "Why were you always so unfriendly?" The man looked confused. Then said:
@RepJackKimble This has to be satire or engagement farming. The irony of any politician that is this tone def towards the people they represent and self unaware are exactly why congress is such a clown show.
If you make under $115,000 a year, you’re now basically lower middle class in America.
Read that again.
It now takes roughly $116,000 of household income to afford a house.
The median household income?
Just $69,000.
This is why:
• People feel broke
• Consumer debt is exploding
• Young families can’t get ahead
• The middle class is disappearing in real time
The economy looks strong on paper.
But the average American is getting financially suffocated.
Tucker Carlson asks Kevin O’Leary the one question AI enthusiasts can’t answer: What happens to people when machines can do everything better than humans?
Kevin O’Leary responds: We can’t let China win the AI race.
Tucker points out that taxpayers are being “forced” into the AI agenda, left with “no choice” but to leap forward.
O’Leary laughs and says taxpayers can say no.
Then Tucker points to a glaring example where they already tried to say no, and O’Leary is forced to take the conversation elsewhere.
This is a terrible idea.
Investors deserve real-time accountability. Quarterly reporting creates transparency, discipline, and trust.
If this changes, retail investors will be the biggest losers. They deserve timely information and equal access to results. @FoxBusiness@TheBigMoneyShow
I’m an absolute SUCKER for videos of nothing but the crowd noise… No commentary, no music, nothing but the crowd. A good crowd pop brings chills down my spine & water in my eyes…
This one from Buffalo tonight is an all-timer. Wow.
Such an interesting watch on simulation theory. I think is as technology / AI continues to advanced so much in recent years it feels less superstitious more believable.
Had a guy, who called himself a psychic, call me three times today. He told me that the #Bills will win the Super Bowl in 2027, and the #Sabres will win the Stanley Cup in 2026. Take that for what it’s worth.