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SpaceX's market cap crossed above $3 trillion today in after hours trading. That's higher than the market cap of Amazon ($2.65 trillion) & Microsoft ($2.97 trillion). Microsoft Sales: $318 billion Microsoft Net Income: $125 billion Amazon Sales: $743 billion Amazon Net Income: $91 billion SpaceX Sales: $19 billion SpaceX Net Income: -$9 billion

I think it’s time to revisit the accredited investor laws in the US. Companies are staying private longer, where only accredited investors (aka rich people!) can invest. Retail investors can only come in after IPO, when much of the upside has already been captured. These rules were created with the best of intentions, to protect regular people from scams - a noble idea. Unfortunately, in practice they've often made it illegal to get richer, unless you're already rich. A regressive tax! We have to judge policies based on their outcomes, not on their intentions. These are two possible routes I see: 1) Replace the rule with something merit-based, like a financial literacy test. Pass it and you're accredited. Having a qualification based on competency rather than your bank balance or income seems far more fair. 2) Remove the rule entirely. Let consenting adults assess their own risk. Disclosure requirements stay and fraud enforcement stays to punish bad actors.

$TBALL While @JennyQTa7 called Elon’s $TSLA trillion-dollar pay package, she 𝘿𝙊𝙀𝙎𝙉'𝙏 believe the milestones are achievable. She believes Elon is opting to take SpaceX public to become the first trillionaire. ✅ $TSLA 🔜 SpaceX IPO ~2026 ❎ xAI, Neuralink, Boring Co.