Joined February 2009
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Alexander McCobin retweeted
Ten years ago, Elon Musk and Jack Ma both looked like avatars of the future.
Musk was building electric cars, rockets, satellites, and AI. Jack Ma was building Alibaba, the crown jewel of China’s internet economy.
Fast forward a decade: Musk is worth $1.1 trillion.
Jack Ma was forced into silence, Ant Group’s IPO was crushed, Alibaba lost its aura(its stock plunged by more than 60% since 2020), and China’s tech sector went from world-beating to politically domesticated.
One entrepreneur was allowed to compound.
The other was reminded who really owns the scoreboard.
This is not just a story about two billionaires.
It is a story about two systems. One system lets madmen build rockets to Mars.
The other cuts down its most successful entrepreneur for flying too close to the sun.
That is why Musk became the world’s first trillionaire.
And Jack Ma became a warning label.
On June 12, 2026, SpaceX, Elon Musk’s flagship company, went public and its stock surged 19.2%, pushing the company’s market capitalization to $2.1 trillion. Musk’s personal net worth also climbed to $1,109.4 billion, surpassing the $1.1 trillion mark and making him the first trillionaire in human history.
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Interviewer: “Do you feel like you’ve achieved the American Dream?”
Hernandez: “Yes, but there’s no reason I should stop.”
Hero.
Jun 12
bro immigrated from Mexico and took a $28/hr contract welding job in 2015.
didn't even know what SpaceX was.
they gave him $10,000 in stock and let him buy more through payroll deductions.
that stake is now worth $880,000.
and he's one of 4,400 employees who became millionaires on Friday. welders. technicians. cafeteria staff.
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Jun 13
Go @mcuban!
Jun 13
The reason anyone gets insanely rich is almost always because of the stock market. It certainly how @elonmusk did.
And the reason they get rich from the stock market, is because 150m Americans decided they wanted to own shares of stocks directly, or through their retirement plans, or through other approaches as a way of building their net worth and trying to create a better life for themselves.
One Hundred Fifty Million Americans. About 60% of adults.
Effectively believing that @elonmusk and many billionaires could make them wealthier and help them achieve a better life.
If you want @elonmusk , and most billionaires to no longer be that rich, convince those 150m to sell their stocks, funds, ETFs whatever.
Of course you would wipe out the net-worth of most of those people, and everyone else’s savings, as the markets crashed and brought down the economy and created the worst depression we have ever seen.
Alternatively
There are ways to improve healthcare access and eventually make it available to all.
To start -
If you want @elonmusk and all billionaires to improve healthcare for everyone , ask them to stop doing business with the enormous healthcare conglomerates and to work directly with transparently priced care providers.
It’s the behemoth HC conglomerates that make HC so bad for so many. (Check my timeline for more detail)
Removing them would push the cost of healthcare down for everyone. Their corporate decisions impact our healthcare cost and availability.
Of course if they do that, not only would our HC costs go down , and the quality of care for their employees and the entire country go up
But
They would see their corporate cash flow increase dramatically and we would have more millionaires, billionaires and maybe even another trillionaire when that cash flow moved from the big health care conglomerates to their bottom line, so would the net worth of the 150 million American adults that own public stocks
Capitalism is better than socialism because 150m Americans can influence exactly what happens in this country.
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Alexander McCobin retweeted
Jun 12
Interesting, but counterpoint:
AI will be massively deflationary geohot.github.io//blog/jekyl…
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Alexander McCobin retweeted
Jun 13
When politicians say they want to seize/tax "wealth" but actually mean "shares in your own company that you yourself founded", the real point is making it impossible for anyone to actually control their own company for more than a decade.
They won't let you stay, either.
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Alexander McCobin retweeted
Jun 13
"There are only 25 satellites launched a year, every year, and that's not going to change."
Ryhmes with the current defense ecosystem.
Jun 12
Today feels like a good day to reshare this clip of Ariane Aerospace’s CEO calling SpaceX’s reusability plans “a dream”
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Alexander McCobin retweeted
Jun 12
First Millionaire: John Astor (~early 1800s)
First Billionaire: John D. Rockefeller (1916)
First Trillionaire: Elon Musk (2026)
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Alexander McCobin retweeted
Jun 12
How can you not be romantic about capitalism?
Jun 12
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Alexander McCobin retweeted
Jun 12
Today feels like a good day to reshare this clip of Ariane Aerospace’s CEO calling SpaceX’s reusability plans “a dream”
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Alexander McCobin retweeted
Jun 12
Elon Musk has done more for workers than any democratic socialist politician ever has.
Jun 12
NEW: Juan Hernandez, a welder who says he took “just another contract job” at SpaceX for $28/hr in 2015, is now a millionaire as shares soar.
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Alexander McCobin retweeted
Jun 12
the 27-year-old SpaceX ship engineer who collected rocket hardware that fell in the ocean after launch, put 10% of her paycheck into equity.
SHE’S NOW A MILLIONAIRE.
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Alexander McCobin retweeted
Jun 12
Capitalism. Innovation. America. 🇺🇸
Jun 12
Elon Musk just created ~5,000 new millionaires, current and former $SPCX employees.
Of those ~5,000 people, roughly 400 of them will see stakes worth $100 million.
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Alexander McCobin retweeted
Jun 12
A man working as a welder at SpaceX for $28 an hour has just become a millionaire.
Juan Hernandez, who came from Mexico, welded rockets for SpaceX at $28 an hour.
SpaceX gave him $10,000 in stock when he went full time in 2015, and he bought more with every paycheck for 10 years.
$SPCX is now trading at $167, making his shares worth over $1 million.
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Jun 12
Elon is actually a real life sci fi hero.
Jun 12
Elon Musk is a real-life Bond villain ft.trib.al/zAOuVKk
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Jun 12
Happy @SpaceX Day!
It’s a great day for capitalism, liberty, America, and humanity!
And so a great day for all the early believers (ie investors) in SpaceX, including those who invested in SpaceX with @libven_network !
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Alexander McCobin retweeted
Jun 10
One piece of advice we got during YC was to explain our company using verbs instead of nouns.
Early on, I walked into a meeting and did the opposite:
“We’re building a cloud platform for AI”
No one knew that that meant, their eyes glazed over. Then I started saying this instead:
“We containerize your code and run it on GPUs in the cloud so you don’t have to manage the infra yourself”
That clicked way more. Our brains understand verbs because they’re more concrete. If you describe your company using nouns, you risk people not understanding you.
And no one buys or invests in things they don’t understand.
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Alexander McCobin retweeted
Jun 10
2/ The gap might exist because when people hear "capitalism," many picture the U.S. bailing out banks after 2008 while homeowners suffered. That's a fair grievance, but it's the opposite of free enterprise, not an example of them.
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