Posted on 06/14/2026 4:53:39 AM PDT by MtnClimber
Talking points went out and lemmings-like Democrats proved to all that they know nothing about wealth creation. All they have is their greed for other people's money.
Once upon a time, Americans celebrated success. Some still do.
After developing reusable rockets, planning a trip to Mars, launching more satellites than anyone in history, and rescuing stranded American astronauts from outer space, Elon Musk launched an IPO of his SpaceX company, and a lot of people decided to invest in the new stock. That made the man who laid out the capital and took all the risks, Elon Musk, a trillionaire.
What does it mean? Well, stocks go up, and stocks go down. If a lot of people want to buy stocks, they go up. And a lot of people really, really, wanted to buy that stock and have a little piece of that company Elon founded as their very own.
So they gave Elon their money, feeling confident that he would make more of it for them. They knew it wouldn't go to Somali fraud or Los Angeles homeless NGOs the way big government money does. And this belief, by the way, made many little guys rich, such as the Mexican-born welder who spent a dozen years working for SpaceX, bought some of the stock, and found himself a millionaire.
Did Democrats celebrate?
Not in the least. They spewed jealousy, bitterness, and their greedy, grasping hands after the success.
Just look at them:
The garden variety socialists with multiple houses, acting predictable: [Elizabeth Warren video at article link]
(Excerpt) Read more at americanthinker.com ...
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The current monetary policy allows for the wealthy to get more money (while also causing inflation which hurts everyone else). Maybe the Dems can propose eliminating the Federal reserve …or maybe they can just cry about Elon and want more taxes instead.
And I am insulting Morons by comparing them to Liz Warren...
Jealousy, bitterness, and their greed
Sounds like the first chapter in their manual.
Yeah, good thing California chased Elon Musk out of the state, right?
“California faces potential losses exceeding $200 billion in tax revenue due to Elon Musk’s relocation of his corporate empire to Texas.”
Unfortunately, any Space X employees left in California who benefitted from the IPO will be heavily taxed.
I would bet some of them actually bought the SPCX IPO.
And Elon is just getting started…
AI 1 - 100GW in orbit per year in 36 months
Gigafactory -11 million sq ft
Terafab - 100 million sq ft
Rail gun on the moon
what if soros was the first trillionaire
As I was watching the NBA Finals, it was noted that Spike Lee didn’t get free tickets to the games, but has paid upwards of $11 million for them. How come he gets to have fun, instead of giving that money to the “poor?”
I bought SpaceX on the day it came out - yeah to make money down the road, to support the vision of Elon and to know 'on the day it was issued' I was there with my support and belief in the future. Elon's right - it's "Science Fiction' dropping the 'Fiction' part... it's one step forward, Or maybe a hundred steps forward.
“I would bet some of them actually bought the SPCX IPO.”
I was thinking more along the lines that SPCX was bundled in one of the funds included in a Fidelity, Vanguard, etc., portfolio. Our investor person put it in ours, and good for her.
Of course, some probably did buy stock outright.
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