Ryan Mac
speaker
469 appearances
3 recordings
3 series
first heard Mar 2026
last heard 19 Jun
Ryan Mac’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 2.
Appearances
Americast · Elon Musk the trillionaire... does the global economy need him to succeed? · 19 Jun 2026
podcast
Thanks for having me.
A trillionaire is someone with 13 figures in their net worth.
We've never had anyone hit that level of wealth before.
You asked, does he have that amount of money in his bank account?
Technically, no.
Most of that is in shares of SpaceX, which is not easily liquid.
But on paper, he has reached the mark of trillionaire.
Yeah, so SpaceX has been a private company since its founding in 2002.
And, you know, recently at the beginning of this year, the company decided we want to sell our shares to the public, allow people to own this company and have an IPO, an initial public offering.
You know, these are singular events in a company's history to raise, in this case, tens of billions of dollars.
And that's what happened here.
They sold their shares in the public market.
The company went public and the company raised about $75 billion in cash.
Yes.
Even after going public and selling shares to the world, he retains about 82% voting control over the company.
You know, a supermajority majority.
where he essentially is the sole decision maker of any major corporate decision.
So he, even though people, you know, around the world have shares in this thing, he's the one that makes and calls the shots.
He has kind of said, take it or leave it.
You know, you get me or you don't get anyone else.
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