Americans are cheering the extraordinary achievements of , who through sheer grit and brilliance has powered the United States to the forefront of the space race. Musks revolutionary vision of reusable rockets has created a company that dominates global satellite communications and leads space exploration, putting within reach the ability to put data centers into orbit and create a human colony on the moon or perhaps eventually on Mars. In the process, Musk has become the worlds first trillionaire.
As Musk said the day he sold a stake in SpaceX to the public: “Thats what SpaceX is all about â its to take the fiction out of science fiction and create an exciting, inspiring future for everyone.”
Senators and Elizabeth Warren are not excited or inspired. The multi-millionaire senators and their leftist collaborators are seething, offended beyond comprehension that a single individual has become so rich. They view Musks record-setting sale of equity in SpaceX and accumulation of wealth as an indictment of our capitalist society, though they have yet to explain how anyone has been injured by the entrepreneurs success.
Indeed, they ignore the fabulous wealth that Musk has created for SpaceX employees: with the companys initial public offering last week, some 4,400 workers at the company reportedly became millionaires overnight, and some 400 are now each worth more than $100 million. Those institutions that invested early on, including the University of system, the University of Virginia and Washington University in St. Louis, have also benefited from early investments in SpaceX. While the investment committees at universities like Harvard and Columbia were focused on divesting companies producing fossil fuels or businesses with ties to Israel, some schools made a ton of money betting on Musk.
The Warren-Sanders crowd also ignores the gigantic benefit of providing cheap internet access to hundreds of millions of people around the world, which Musks Starlink has done. As Bill Ackman posted on X: “Access to low-cost, high speed communications everywhere will allow children around the world to be educated, families to build businesses, and life-saving medical knowledge and care to be available everywhere.”
Ackmans post was in response to Senator Bernie Sanders, the perpetually angry scold of U.S. exceptionalism, who claimed on X (ironically, another Musk-owned firm) that Musks wealth is a “call to action to take on the unprecedented income and wealth inequality that now exists and the greed and power of a ruling class that is destroying the social fabric of America.” Thats the same Bernie Sanders who has accumulated millions of dollars while in public service and travels around the country via private jet spouting socialism.
If anyone is rending our social fabric, it is those destroying accountability through dumbing down law enforcement and border protections, encouraging antisemitism with bogus campaigns against Israel and undermining our public schools, denying (especially) minority kids of sharing in the American Dream. The Left has much to account for.
Democrats live in a zero-sum world. If someone becomes wealthy, they imagine it comes at the expense of someone else. California Governor posted on X: “Americans are struggling to pay for groceries and gas while Elon Musk becomes a TRILLIONAIRE.” Did Musk drive up the cost of bread? Was he behind the massive welfare fraud and out-of-control spending that threatens Californias economy and helps make it one of the most expensive places on earth to live?
The fact that Elon Musk has created tens of thousands of jobs, put on the map, and developed Neuralink, which uses advanced technology to allow people to control computers and robotic arms with their thoughts, allowing hope for those with spinal injuries, for instance, is irrelevant.
Socialists dont celebrate success and , they celebrate mediocrity. Their policies do not aim to bui
