TheBadPlaceSalon.com | Maybe it’s time to give Elon Musk control of the sun by Troy Farah
The world of finance is creaming its pants over the imminent public offering for SpaceX, Elon Musk‘s space-flight operation. It might be the largest such offering in history, according to Axios, which delivered the news under the headline “SpaceX’s monster IPO is unlike anything we’ve seen.”
SpaceX is predicted to become the first company to debut on the stock market already valued at more than not just $1 trillion, which is in itself a record, but $2 trillion — instantly dwarfing the wealth of Walmart, Meta or ExxonMobil. In fact, if SpaceX’s pitch goes through, it would rank behind only five companies in the S&P 500 Index — Apple, Alphabet, Microsoft, Nvidia and Amazon. It will also, of course, cement Musk, who is already worth some $817 billion, as history’s first-ever trillionaire.
A trillion is an inconceivably large number — for that matter, so is a billion, which is a thousand million, while a trillion is a thousand billion. Yes, that’s basic math, but it helps to spell it out, as our feeble primate brains can barely wrap our minds around a single billion dollars, which is roughly the amount of cash the U.S. is burning through every day of the ongoing Iran war. So multiplying that figure a thousand-fold and giving all of it to one 54-year-old guy is truly the mental equivalent of [insert deflating balloon sound].
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Read more: https://www.salon.com/2026/04/04/maybe-its-time-to-give-elon-musk-control-of-the-sun/
