The Elon Musk Thread

[wjfox]

[wjfox]

Ashley St. Clair claims Elon Musk unleashed his "anomaly in the matrix" in order to help Trump win in 2024, using his Starlink satellite fleet.

[wjfox]

[weatheriscool]

Yet odds are in 10-30 years he'll be in a box in the ground or in a erin. People will read about him in books and t.v shows in the future kind of like all other humans of the past.

[caltrek]

As Elon Musk Becomes a Trillionaire, Report Highlights ‘Darker Realities’ of His Texas SpaceX Fiefdom
By Brad Reed
June 12, 2026

Introduction:

(Common Dreams) Elon Musk became the world’s first trillionaire on Friday, as his private space exploration firm SpaceX became a publicly traded company with a market cap of $2 trillion despite reporting negative net income for two of the last three years.

To mark this occasion, The New York Times published an essay by journalist Amy Gamerman, who has spent the last several months documenting life in Starbase, Texas, a city built by Musk to house SpaceX employees.

Gamerman wrote that it’s best to think of Starbase as a corporate fiefdom that has been granted extraordinary treatment by Texas’ state government.

“One new Texas law makes interfering with Starbase’s operations potentially punishable with jail time,” the journalist explained. “Another allows the company to shut down the highway into town and to the beach at the mayor’s discretion. Another shields SpaceX, and by extension Starbase, from lawsuits by neighbors over nuisance caused by its rockets.”

While the community of nearly 600 people appears idyllic, Gamerman found there are several “darker realities” lying beneath the surface, with one resident who wished to remain anonymous saying that Starbase is “like living in a dictatorship” where people fear raising concerns will lead to retaliation by the company.

Read more here: https://www.commondreams.org/news/elon ... se-texas

[caltrek]

‘Trillionaires Shouldn’t Exist’: Obscene Musk Milestone Spurs Calls for Aggressive Wealth Tax
By Jake Johnson
June 12, 2026

Introduction:

(Common Dreams) Elon Musk’s net worth surged past $1 trillion on Friday as SpaceX—the rocket company he founded and controls—made its debut on the public market, prompting global revulsion and calls for an aggressive wealth tax to rein in out-of-control inequality.

“Musk became the world’s first trillionaire because our tax system shields the wealth of the ultra-wealthy from taxation while requiring working to people pay taxes on every paycheck,” said Igor Volsky, director of the Tax the Greedy Billionaires Campaign. “Today’s milestone should serve as a wake-up call to us all.”

“Unless we plan to cede control and agency over our future to a handful of ultra-wealthy individuals, lawmakers must pursue bold tax policies that actually meet this moment—not just slowing the accumulation of extreme wealth, but reversing it,” Volsky added. “That means passing taxes on billionaire wealth ambitious enough to make the ultra-wealthy less wealthy, reduce the stranglehold they have over our economy and democracy, and restore the ideal that no one in America gets to buy their way to unchecked power.”

Reuters reported Friday that “most of Musk’s wealth now rests with SpaceX, where ⁠he holds a stake worth roughly $866 billion.”

“Along with Tesla and the rest of his properties, his net worth will exceed $1.1 trillion when the stock begins trading Friday,” Reuters noted. “The tally includes stock components that would vest over time.”

Read more here: https://www.commondreams.org/news/elon ... lionaire

[wjfox]

‘Trillionaires Shouldn’t Exist’: Obscene Musk Milestone Spurs Calls for Aggressive Wealth Tax

Billionaires shouldn't exist, never mind trillionaires.

[wjfox]

Musk's SpaceX buys AI coding start-up for $60bn days after IPO

1 hour ago

SpaceX has agreed to buy AI coding start-up Cursor for $60bn (£45bn) just days after its bumper initial public offering (IPO).

Elon Musk's rocket company will take over Anysphere, which makes the artificial intelligence coding agent.

The move comes after SpaceX joined New York's tech-focused Nasdaq stock exchange on Friday in the biggest ever listing, valuing it at more than $2tn and raising $85.7bn.

The companies have been partners since April, when SpaceX announced it had the right to either buy it for $60bn, or pay $10bn for the work they have done together.

Like OpenAI and Anthropic, Cursor's technology uses AI to automate the process of writing code, one of the most prominent current uses for artificial intelligence.

https://www.bbc.co.uk/news/articles/cvgd5g7d7gyo

[weatheriscool]

[firestar464]

[weatheriscool]

[weatheriscool]

[firestar464]

Elon Musk-founded PAC reprimanded by Georgia State Election Board for sending pre-filled absentee ballot applications in 2024

https://www.11alive.com/article/news/po ... ab668727c4

[firestar464]

Apparently Elon ain't a trillionaire no more

https://www.forbes.com/profile/elon-musk/