Patryn
5.7K posts
@danliu @losslandscape Gwynne has an $85m annual comp package. Among the highest executive packages in the world. And well deserved.
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@losslandscape - ballmer (non-founder) is worth $130b (100x gwynne)
- nadella (joined almost 20 years after msft founding and didn't become ceo until 2014) is worth $1.3b (same as gwynne)
crazy right?
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i'm surprised that someone who joined a $2T company 25 years ago to serve as coo is only worth $1.3B
Muskonomy@muskonomy
NEWS: SpaceX President Gwynne Shotwell is now worth $1.3 billion. She joined SpaceX in 2002 as its 11th employee. Today she runs the company's day to day operations as President and COO. Forbes just placed her on its 2026 list of America's Richest Self-Made Women. Employee number 11 to billionaire.
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The world is divided into two halves:
1) Those who refer to him as “Elon”
2) Those who refer to him as “Musk”
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Peter Beck invited the heat when he started unnecessarily trash talking SpaceX's use of ocean barge landings, claiming Neutron would be so much better because they would only land back at the launch site. Fast forward a few years and he realized maybe SpaceX knew what they were doing after all, and now Neutron is also doing barge landings.
And then when he did his misleading video stunt with the carbon fibre and steel, back before the SPAC, to demonstrate why Neutron's carbon fibre was supposedly so superior to Starship's stainless steel. Forward to today, and Spice already conceded that due to carbon fibre's limitations Neutron will be limited to 20 reuses and won't reach F9's current 35 flight record.
Both were unnecessary digs at SpaceX, and highly self aggrandizing and presumptious for a company that has only ever launched a small 300kg payload rocket, and never landed or resued a rocket at all.
Beck set the antagonistic tone, and invited the attention of Spacex supporters. Now he has to bear the fruits of his chosen approach.
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$RKLB
$SPCX
$TSLA
When I say that Rocket Lab is competing with SpaceX, I mean they are on the same market, present or potential. I am not saying they are equal. That would be stupid. It’s like saying they are close because they both trade in the hundreds, by share price.
Of course, SpaceX is way ahead. There is no doubt. But I don’t see a vertically integrated company that has the potential of SpaceX, other than Rocket Lab. I am talking about management, vertical integration, innovation, company culture, public communication, government contracts, space exploration etc. That’s why I am long RKLB.
I owned Tesla shares for a while now and I am long. And I like Elon too. I think he changed the world and he deserves all the spoils.
But I am starting to see the dark side of Elons fan club. Some new SpaceX investors already try to protect their investment at all cost. And that is trash talking other companies, like Rocket Lab. We are better than this. There is room for all. We grow together.
I don’t need SpaceX to drop so I can make money on Rocket Lab. I need SpaceX to rise.
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He can over time. Just not all at once.
But, he can for example set up a foundation - or use the foundation he has already - to gradually divert his assets to the non-profit, which can earn investment returns on it and release say $50B a year to fund Mars colonisation, pretty much into perpetuity. And that number can grow to $100B or even $200B a year if his net worth grows to two, three or four trillion dollars over time.
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My feed is full of socialists crashing out (which I enjoy) and people mistakenly believing that Musk can turn his assets into a trillion dollars in cash (which he certainly can't do).
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@chrischameleon Not so, Chris. Even they could not do it that fast. Maybe if it was Rands. But Dollars will take even them about 20 times as long to burn through. At $1.1T Elon is worth about R20 trillion. So enough for about 7 years of SA government expenditure.
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the sheer scale of a trillion dollars can be hard to comprehend. let me put it in perspective. the south african government would take more than 134 days to burn through it with nothing to show south african citizens for it.
David Zagaynov@DavidZagaynov
The sheer scale of a trillion dollars can be hard to comprehend. Let me put it in perspective. You would be able to buy 42 miles of high speed rail in California with that much money.
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Well, I accept that opinions are free to vary, but I have to call out some factual issues. Neutron will not enable:
Commercial heavy launch (Neutron too small).
Satellite internet (Neutron can’t launch mass constellations at a competitive cost/kg, nor does RKLB have the capital to build a Starlink or Amazon LEO rival).
ISS cargo flights (No cargo capsule).
ISS crew flights (No crew capsule).
Private crew flights (See above).
Lunar cargo (Weak upper stage and limited Delta V means only tiny lunar landers can be launched. And they don’t have a lunar lander).
Lunar HLS (Neutron too small and they don’t have a crew lander).
Orbital AI (Neutron can’t launch orbital AI at a viable cost/kg—not even F9 can—and they don’t have the capital to build their own orbital data centers).
NASA flagship missions (The flagship missions launched or planned by SpaceX—Psyche, Europa Clipper, Nancy Grace telescope—all require Falcon Heavy’s capabilities, so no competition with SpaceX there either).
Commercial medium launch and some DOD launches, sure, but only to a limited extent, and a decent cadence (20-ish launches a year) won’t arrive before at least five years from now.
So no, Neutron won’t enable “all of the above.” It might enable a few niche areas, but this is heavily dependent on the actual economics of the rocket, which currently looks worse than that of Falcon 9.
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@Patryn23 The beauty is that RKLB can compete in all of the above once Neutron is up and running. And RKLB bulls know for a certainty that this will happen.
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$RKLB
The market will sort itself out.
SpaceX is worth 2.17 trillions
Rocket Lab is worth 0.066 trillions
Rocket Lab is the closest competitor to SpaceX.
Let that sink in.
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Not quite correct. History - in the long term - will not really remember some obscure eartbound figures who made a small impact on society on old Earth. But it sure will remember the man who opened up the solar system and kicked off humanity's multi planetary expansion.
If the majority of humans over the next 100,000 years live beyond Earth, across new planets and solar systems, they might remember the name of the man who first stepped on the Moon, and they might remember Einstein who unlocked relativity. Maybe even Newton before him.
But they sure will remember Elon Musk as the father of humanity's multiplanetary destiny.
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History will remember Elon Musk alongside DaVinci, Gutenberg, Fulton, Pasteur, Edison, Ford and Jobs.
History will have no recollection of any kind of Ro Khanna.
Ro Khanna@RoKhanna
Musk is worth more than South Africa’s GDP. @BernieSanders and I proposed a 5% tax on people like him. In one year, it could fund: - free public college & trade school -$10/day childcare - Special-needs education nationwide Wealth inequality is the moral failure of our time.
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Well let's educate you. $22B you say. Let's take the crew flights to the space station. That's about $5B of the total. They got that because no one else can do it. Boeing also got a contract - much more expensive than SpaceX's, but they couldn't actually deliver, so SpaceX got most of their part as well, for doing it better AND cheaper.
How about all those DoD launches? There are multiple providers selected for that. But SpaceX consistetly charges less and are able to fly more frequently, so they keep winning tenders because they are offering better value than anyone else.
Ah but what about those Starlink contracts for the military? Yep, once again, SpaceX gets those because no one else on Earth can offer that service.
The list goes on. Ironically it was Bill Nelson - Biden's NASA administrator - who stated that SpaceX had saved the government over $40B over the years because of their cheaper launch costs compared to traditional aerospace service providers. And he has no love lost for Elon.
Well, I enjoyed typing all of the above, even though I am pretty sure none of it will register with you in your little anti-Elon cocoon. All the best.
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@MomAngtrades Oh now you give a shit about the government? You don't think fraud and underhanded dealing is involved. You don't think these people are making each other rich with our money? You're that naive?
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I couldn’t care less about what career politicians like AOC and Bernie think about Elon becoming a trillionaire. My life is worse because of career politicians and better because of Elon Musk’s products.
My Tesla doesn’t need oil changes, I can charge at my house. I’ve saved tons of money owning a Tesla. It’s fun to drive.
When my home in Wyoming was being built, internet lines weren’t an option. Starlink saved the day and now I have perfect internet in the mountains.
So for any journalist or politician complaining he’s now a trillionaire, I kindly tell you to piss off.
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The government has more resources and more hands and a larger infrastructure and it will outlast you and your company.
Be glad your creation can outlive what it otherwise could have.
It’s for the greater good and to ensure a robust and proper stewardship of its development long term.
It seems unfair to you but future generations will be thankful that it happened this way.
You ultimately want to create for humanity right?
This accomplishes that goal and you get the credit of being the inaugural concept and creator of what it ultimately becomes
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When politicians say they want to seize/tax "wealth" but actually mean "shares in your own company that you yourself founded", the real point is making it impossible for anyone to actually control their own company for more than a decade.
They won't let you stay, either.
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@NoLifeJordan69 Please just give us this one day before you start trying to manipulate the share price, for goodness sake.
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@teslayoda Tesla was always the Elon FOMO stock for us normal retail investors. Now we can finally get access to the real deal - SpaceX. Tesla is still great. But SpaceX is greater.
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I’d love to support SpaceX long term after the IPO, but not at the expense of selling Tesla.
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@lewisknaggs42 Let’s say the docking connection is unstable, or the ship starts rotating in a different direction or a thruster misfires or something ruptures, while a crew member is stuck on Starship. What then? Best to mature all those systems and retire those risks first.
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SpaceX a few days ago: "hourly launches in 5 years!"
SpaceX on Tuesday: "The best we can do for Artemis 3 in a year is put a docking port on a normal Ship"
This is just too funny, like why are they not able to build an extra pressurized cabin with ECLS. Doesn't need anything special inside, just a pressurized area and a control screen. This mission is designed to test the landers to reduce risk and the only thing you are doing is testing your docking system.
Lewis Knaggs@lewisknaggs42
Well let's just say I'm very disappointed with Starship for Artemis 3. It was just announced that Blue Origin will have a full lander (maybe a mix between Mk1 and Mk2), with a crew cabin that Artemis 3 crew will enter. They will stay docked for 2 days. For Starship, they are going to put a normal V3 Starship on orbit and the only difference is that it has a docking adapter on it and maybe some more RCS. It will stay docked for only a day most likely due to it not being able to stay on orbit for more than 48 hours. You are telling me that the best SpaceX can do is putting a docking adapter on the side of Starship? No cabin, airlock, solar panels, landing legs, HLS engines, just a docking adapter. That is only validating the docking system and nothing else of HLS. How can they only do that in mid 2027 but expect an uncrewed landing late 2027 and a crewed landing in 2028? Blue has an actual cabin&lander that can be tested in orbit for Artemis 3 but SpaceX just has a docking adapter. If Blue cannot meet the Artemis 3 timelines then Artemis 3 will just be a rendezvous and docking demo which isn't a lot. Also SpaceX's updated on Starship was basically "trust me, we are working on HLS". No pictures of the HLS cabin (a lot less progress on it than I thought tbh), no pictures of landing legs, the other completed HLS cabin article, landing engines, solar panels or any other hardware. Just a few renders we have already seen. They did mention that they still plan the refilling demo this year but I have doubts. They also mentioned the possibility of pushing Orion from LEO to LLO.
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NPC’s hating the main character. 🤷♂️ Imagine looking back at this age 5,000 years from now, from some thriving future human colony, on a planet lightyears from here.
If you ever do briefly think about the ancient 21st century, you’re probably going to think about Elon Musk the same way we think of Prometheus, Romulus and Remus and Achilles today. Along with maybe Neil Armstrong and perhaps Einstein. No one else from this era will even be remembered, other than in obscure history books.
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Seeing EDS from Tesla infest SpaceX while predictable is still kind of surreal.
What causes seemingly reasonable people to engage in clearly poorly thought out reasoning by analogy?
JerryRigEverything@ZacksJerryRig
You know the reason your Stanley or Hydroflask is so good at keeping your water cold is because there's a vacuum inside the walls of the thermos. Heat can't conduct in a vaccum. And "radiated" heat is ineffective at the temperatures processors operate at. This satellite will be like plugging in your gaming PC without a CPU cooler. It'll be dead in minutes.
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Veteran short seller James Chanos said SpaceX’s public debut is being driven more by enthusiasm for Elon Musk and AI than by financial fundamentals, arguing its valuation is difficult to justify on any reasonable business assumptions bloomberg.com/news/articles/…
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Well, to be fair, Forbes had a fair bit of flexibility on the nature of the list, as far as the top spot goes. Top immigrants, top technologists, top entrepreneurs, top space industrialists, top innovators, top Americans, most consequential humans alive. Elon tops them all😂
A rare case of pick the person first, then play around with which list you want him to headline😀
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.@elonmusk grew up in Pretoria, South Africa, where he taught himself to code. He became a U.S. citizen in 2002—the same year he founded SpaceX.
Musk is featured on the #Forbes250 America’s Most Successful Living Immigrants list. View the full list: forbes.com/sites/alexknap…
📸: Martin Schoeller
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@SunWeatherMan People really are idiots. Do you really think Elon doesn’t know the composition of the planet?So, then the next question is, what point is he making? Try to use your brain.
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By volume the earth is 99% not water
Resist the Mainstream@ResisttheMS
Elon Musk: "70% of Earth is water. Technically, our planet should be called water, because it is 30% water." "I think an alien civilization visiting us would be like, 'Why are they calling it Earth when it is mostly water?'"
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