Krystal Ball

So it's gonna turn 4,400 SpaceX employees into millionaires.

it is likely to turn Elon Musk himself into a trillionaire.

Okay, so at the very, very, very top end of the spectrum of the people who are already wildly wealthy or happen to luck out and get in on what is very likely a massive AI bubble, things are going very well.

When you look at the stock market, all the growth is concentrated in these few tech stocks

that have this valuation.

Almost everybody acknowledges the SpaceX valuation is absolutely insane when you look at what their actual revenue is coming in and the bet that they're placing here.

But they're pushing it out to retail to make sure that suckers can get in when the price is at its highest.

So they're the ones that end up holding the bag, et cetera, if this thing ultimately goes down significantly in value, which big IPOs usually do, at least initially.

So in any case, you've got quite a portrait being painted for the American people of some people getting a small handful, including our president, getting wildly wealthy beyond anyone's comprehension while you have seen your entire year's worth of wage gains eaten up at the gas pump.

The market for luxury mega yachts and the market for spam, both going to explode.

Buy some Dollar General stock.

Look, we already are beyond Gilded Age levels of wealth inequality, and it matters to people.

You cannot have a functioning society, you can't have a democracy when you've got trillionaires running around.

I mean, we've already seen this with Elon Musk and the amount of money he was able to casually throw at the Trump campaign and, you know, put his thumb on the scales and then be granted dominion over basically the entire executive branch because of the money that he funneled into Trump's campaign at a pivotal moment.

You know, we talk about like democracy crisis.

There's a lot more to talk about there, too, by the way.

They're looking at

banning mail ballots, making it so the USPS will not deliver mail ballots in states that don't send in their voter rolls to the federal government.

But when you think more broadly about the democracy crisis, you cannot have this level of wealth concentrated, have a Supreme Court that has said money is speech, and think that you are going to have any, any small d democratic representation.

And we're already living that.