Elon Musk speaks via videolink on the day of SpaceX's initial public offering, at the Nasdaq MarketSite in New York City, June 12, 2026.(Brendan McDermid/Reuters)
Audio By Carbonatix
SpaceX’s stock flew up after its recent IPO, causing many to claim that Elon Musk had become the first trillionaire by stealing money from the poor. Every day’s increase caused a new freakout.
Well, all those post-IPO gains have now disappeared:
How incredibly benevolent of Musk to give back all the money he stole! Surely, we will now hear praise for his generosity and foresight.