I clearly remember looking at Forbes first Billionaires list with my brother in 1987, and being amazed that there were 140 such people in the world, worth a combined $295B. Today, there are up to 4,000 Billionaires worldwide, worth a cumulative $20T+. In the late 70s and early 80s, the term Billion wasnt even widely used, except maybe in science. A Millionaire (even with only 1M) was considered very wealthy. While technology, globalization and the internet has enabled the elite to access wider markets and therefore accumulate more wealth, the main reason we have seen such an elevation in the number and worth of the elite, is money printing and currency debasement over the past 50yrs. This year, if the SpaceX IPO goes well, and Tesla also performs decently, Elon Musk should become the world's first Trillionaire. The first Billionaire was John D. Rockefeller in 1916, due to the success of his company Standard Oil. So it will have taken 110yrs to go from the first Billionaire to the worlds first Trillionaire. But how long will it take until the emergence of the worlds first Quadrillionaire (1000 Trillion)? My guess is much sooner than 100 years due to money printing, currency debasement, the cantillion affect and the emergence of Ai.

For those eager to bet their hard-earned savings on the next Wall Street money grab, um, I mean IPO. A few musings from our friends at ‘The Market Ear’: “Compared to previous go-publics, SpaceX’s valuation is nothing short of insane. Meta went public at 28 times sales with 88% revenue growth. Google went public at 10 times sales with 234% growth. Put another way, SpaceX is growing seven times slower while asking for a multiple ten times higher.” —The Market Ear So, prepare for the final countdown. The race for space is almost here! But just remember, space is a vacuum. And this vacuum might also suck up a lot of money chasing the narrative and not the actual facts around its “stratospheric valuation.” 🚀 Source: Prof-G

🇺🇸 THE $SPCX IPO CAN LITERALLY CHANGE MILLIONS OF LIVES. In 1999, $NVDA went public and 27 years later, it's up over 600,000%. Nvidia set the stage and showed what's possible. If SpaceX does even a fraction of that, you can become very wealthy. This won't happen overnight. But it can happen.

#SpaceX will be the easiest short in #stockmarket history. Insiders are sitting on massive unrealized paper gains & will sell as retail piles in like the dumb monkeys they are An initial huge spike will be followed by an equally huge sell off over the coming weeks/months

🚨 BREAKING 🇺🇸 ELON MUSK'S SPACEX IPO IS A LIQUIDITY GRAB DISGUISED AS A LISTING Expected to go public June 12 at ~$2,000,000,000,000 Money does not appear from nowhere Want $SPCX exposure you sell what you already own Stocks Crypto High beta tech Every crowded risk trade gets liquidated to chase one ticker And it gets worse Insiders own about 95% Float is only 5% That is $1,660,000,000,000 in paper wealth waiting to cash out Most IPOs lock insiders 180 days SpaceX reportedly does NOT 60 days after listing 20% of eligible insider shares unlock Now connect the dots Existing stocks sold Crypto liquidity pulled High beta dumps Insiders cash out Retail holds the bag This is not a normal IPO It is one of the biggest forced selling events Wall Street has ever seen Markets are not pricing it yet They will I called the $16K bottom I called the $126K top Don't become exit liquidity for smart money Follow me - turn on notifications