Elon musk is mentally retarded

LIC is right and fatty is wrong (again)
  • Post-Q2 Earnings: Investors may sell up to 20% of their holdings; an additional 10% unlocks if the stock trades 30% above the IPO price for five of the ten days following the report.
  • 70 to 135 Days: Tranches of 7% become available at 70, 90, 105, 120, and 135 days post-IPO.
  • Post-Q3 Earnings: An additional 28% of shares can be sold after the third-quarter earnings report.
  • 180 Days: Remaining restrictions lift, allowing investors to sell freely, though Musk remains restricted until day 366.
 

SpaceX Blasts Past $2T; Elon Musk Becomes A Trillionaire​

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Late in the cash session, hours after SpaceX shares began trading around $150, the stock surged to $176.52, up 31% from the $135 IPO price.

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What a fantastic speech. Visionary, honest, and inspiring. Elon Musk is an incredible leader.



The key threshold was $140; above that level, Musk became the world's first trillionaire. This caused a meltdown among Democrats and their left-wing comrades…

https://www.zerohedge.com/political...lls-readers-how-properly-hate-elon-musk-ahead

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Meanwhile, China-linked Neville Roy Singham's NGO network appears to be firing up its anti-capitalist propaganda machine, and the timing is no accident. These leftists view Musk as a major threat because he just gained a whole lot of political firepower, with fresh capital that can be deployed into pro-America candidates, causes, and institutions that directly challenge the left's progressive empire.
 
SpaceX’s most recent financial disclosures, filed in its S-1 IPO prospectus in May 2026, reveal a company transitioning from private profitability to heavy public investment. In 2025, the company generated $18.7 billion in revenue, a 43% increase from 2024, driven primarily by Starlink, which accounted for $11.4 billion (61% of total revenue) and generated $4.4 billion in operating profit. Despite this top-line growth, SpaceX reported a GAAP net loss of $4.9 billion in 2025, a sharp reversal from the $791 million profit in 2024, due to massive capital expenditures.

The financial strain is largely attributed to aggressive spending on AI development and the acquisition of xAI, with capital expenditures nearly doubling to $20.7 billion in 2025. In the first quarter of 2026, revenue rose to $4.7 billion, but the company recorded a net loss of approximately $4.3 billion, indicating continued heavy cash burn as it scales its Starlink constellation and AI infrastructure. The company’s valuation reached $1.25 trillion in February 2026 ahead of its IPO, which launched in June 2026 with an initial share price of $150.
 
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