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Spacex IPO

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The first trillionaire in human history

- Elon Musk
- Born in South Africa
- Bullied relentlessly as a kid
- Immigrated to North America
- Arrived with a backpack and a dream
- Built Zip2 with his brother
- Sold it 4 years later for $300 million
- Co-founded PayPal with the profits
- Revolutionised digital payments
- Sold PayPal to eBay for $1.5 billion
- Bet everything on Tesla and SpaceX
- Got mocked for electric cars
- Got laughed at for reusable rockets
- Nearly went bankrupt in 2008
- Kept building anyway
- Turned Tesla into the world’s most valuable automaker
- Made EVs mainstream and transformed the automotive industry
- Made reusable rockets a reality
- Reduced the cost of reaching space by 95%
- Sparked the modern commercial space race
- Built Starlink and connected millions around the world to high-speed internet
- Turned SpaceX into the most valuable private company in history
- Bought Twitter for $44 billion
- The world said he overpaid
- He was called reckless, stupid & crazy
- Advertisers fled, media declared it dead
- Critics called it the worst acquisition in tech history
- Renamed it 𝕏
- Rebuilt the platform anyway
- Turned it into one of the most influential platforms on Earth
- Launched xAI and accelerated the global AI race
- Sent astronauts to space
- Is trying to get humans to mars
- Created millions of jobs
- Generated hundreds of billions in value
- Inspired an entire generation of builders

Before:
- Failed repeatedly
- Worked insane hours
- Slept in factories and offices
- Got bullied, laughed at and mocked
- Constantly told “it’s impossible”
- Kept building anyway
- Made it possible

Today:
- Richest person on Earth
- First trillionaire in human history
- Largest IPO in history $1.77 trillion

Most people quit when the world laughs at them.

Elon Musk built the future instead.

Love him or hate him…

Nobody has changed more industries in a single lifetime.

Payments. Cars. Energy. Space. Social Media. Communications. AI.

History won’t remember the people who said it couldn’t be done.

It will remember the people who did it anyway.

Congratulations Elon.
The first trillionaire. 🚀

Russia sold Elon Musk three broken rockets for $8 MILLION and laughed him out of the room. He went home and built SpaceX. It went public today at $1.8 TRILLION and made him the first trillionaire in human history.

– In 2002 Musk flew to Russia to buy an old ICBM missile to send a greenhouse to Mars.

– The Russians thought he was a joke. They quoted him $8 MILLION per rocket and dismissed him entirely.

– On the flight home he opened a spreadsheet and calculated he could build the rocket cheaper himself. He had never built a rocket in his life.

– SpaceX was founded with $100 MILLION of his own money from selling PayPal.

– Most of the aerospace industry gave it two years before it collapsed.

– The first three rockets exploded. By 2008 he was nearly bankrupt. Tesla was also failing at the same time. He had one launch left.

– The fourth rocket worked. NASA noticed. They handed SpaceX a $1.6 billion contract within months.

– Today SpaceX priced its IPO at $135 per share targeting a $1.8 TRILLION valuation.

– The largest IPO in human history. Bigger than Saudi Aramco. Bigger than anything.

– Musk's net worth crossed $1 TRILLION today. The first human being in history to reach that number.

– He controls over 82% of SpaceX's voting power post IPO and cannot sell a single share for one year.

– The same Nasdaq that has listing rules waived them specifically for SpaceX, dropping it immediately into index funds.

– Millions of people's retirement savings now own SpaceX stock whether they chose to or not.

The Russians who laughed him out of that room in 2002 work for an economy worth $2 TRILLION.

The company he built out of embarrassment is now worth $1.8 TRILLION on its own. He did it in 24 years starting with a spreadsheet on a flight home.

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