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re: Elon just helped create ~5,000 new millionaires

Posted on 6/12/26 at 2:09 pm to
Posted by scrooster
Resident Ethicist
Member since Jul 2012
44353 posts
Posted on 6/12/26 at 2:09 pm to
I can hear the Marxo-Commies melting from here.

It's glorious.
Posted by StringedInstruments
Member since Oct 2013
20959 posts
Posted on 6/12/26 at 2:17 pm to
quote:

NIH, you’ve been on here for a minute. How do you not recognize El Gaucho?


There should be a list of people who get trolled by Gaucho. That way we can ignore any of their social and political opinions.
Posted by Srbtiger06
Member since Apr 2006
29321 posts
Posted on 6/12/26 at 2:24 pm to
quote:

In The Know


Clearly
Posted by Oilfieldbiology
Member since Nov 2016
42428 posts
Posted on 6/12/26 at 2:30 pm to
Do you not look at who you’re replying to ever? Gaucho is a well known and rather prolific troll that purposely posts outrageous statements just to get people to bite b
Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
18289 posts
Posted on 6/12/26 at 2:32 pm to
quote:

That's great and all, but they are paper millionaires. Yes, I get that having stock "valued" at a million still counts. But if they all sold at once, the price would crash and very few of them would still be millionaires. Juuuuuust saying.....


If you could pick between having 100 million dollars worth of spaceX stock or whatever is currently in your 401K, which one would you choose David?
Posted by Techdave
Laffy
Member since Apr 2014
885 posts
Posted on 6/12/26 at 2:49 pm to
quote:

If you could pick between having 100 million dollars worth of spaceX stock or whatever is currently in your 401K, which one would you choose David?


It’s Dave. And I’d take the 350 million in my 401k
Posted by Boston911
Lafayette
Member since Dec 2013
2516 posts
Posted on 6/12/26 at 2:54 pm to
I for one, know how this feels, I don’t work for Space X but
I did work for a company in Lafayette whose owner had a vision and created an ESOP program that let a lot of people retire very comfortably. He could have been selfish and kept it to himself but he literally gave 66% of the company to us.
Posted by NorCali
Member since Feb 2015
1754 posts
Posted on 6/12/26 at 2:56 pm to
This is fun and all, but until they have freedom to sell, which will probably happen at a much lower price (tell me if my assumption is wrong) and finished paying the cut for taxes, etc, none of them are actually “millionaires”. I hope it works out for everyone but if not vested, not real numbers yet. I speak as someone who had options valued over $100 but the strike price once vested was below $10 ;)
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
75169 posts
Posted on 6/12/26 at 3:07 pm to
Posted by IAmNERD
Member since May 2017
24325 posts
Posted on 6/12/26 at 3:09 pm to
quote:

if you count up the value of every business and every persons "net worth", I guarantee you that is way higher than the actual amount of money in circulation. Meaning if everyone cashed in, not gonna be so many millionaires anymore.

What? No way dude...
Posted by kingfish225
Member since Dec 2013
589 posts
Posted on 6/12/26 at 3:13 pm to
quote:

USAID made plenty of millionaires over the years. That was its main purpose.


Yeah thats why people like Rubio advocated for more funding for it, thats why Ivanka Trump was doing work with USAID in the first term.

This is why we are in the shite we are in because of dumb asses like you STILL believing this absolute fricking bullshite thats going on. How in the hell does Elon becoming a trillionaire help you? Also Elon got to where he is because of corporate welfare.
Posted by VernonPLSUfan
Leesville, La.
Member since Sep 2007
17851 posts
Posted on 6/12/26 at 3:16 pm to
Thanks Elon, never doubted you.
Posted by NIH
Member since Aug 2008
123503 posts
Posted on 6/12/26 at 4:19 pm to
Where did I reply to gaucho? Are you having vision problems?
Posted by AllbyMyRelf
Virginia
Member since Nov 2014
4221 posts
Posted on 6/12/26 at 4:23 pm to
quote:

350 million in my 401k
Posted by deltadummy
Member since Mar 2025
2716 posts
Posted on 6/12/26 at 4:25 pm to
quote:

I love Elon so I"m not knocking his and Spacex's accomplishments.

buuuut, if you count up the value of every business and every persons "net worth", I guarantee you that is way higher than the actual amount of money in circulation. Meaning if everyone cashed in, not gonna be so many millionaires anymore.


You should get an award for stating something that everyone else already knows but doesn't state since they're simply saying there are several thousand people that now have a financial position they previously did not have.

So intelligent. Edgy, even.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
71463 posts
Posted on 6/12/26 at 4:26 pm to
The funny part is people who hate Elon do so because they are told to by people who absolutely don't want more millionaires. So this is more reason to hate him for the dipshits.
Posted by WhiteMandingo
Member since Jan 2016
8003 posts
Posted on 6/12/26 at 4:26 pm to
I'm will to assume you are not good at math, and broke.
This post was edited on 6/12/26 at 4:28 pm
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
71463 posts
Posted on 6/12/26 at 4:31 pm to
quote:

I'm will to assume you are not good at math,


Damn baw, this was post edit?
Posted by N2cars
Member since Feb 2008
39933 posts
Posted on 6/12/26 at 5:03 pm to
I disagree.






If there's one thing the government is goid at, it's printing money.
Posted by deltaland
Member since Mar 2011
103106 posts
Posted on 6/12/26 at 7:13 pm to
quote:

That's great and all, but they are paper millionaires. Yes, I get that having stock "valued" at a million still counts


Id love to be worth 100 million on paper
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