CEO Pershing Square, Co-trustee @PershingSqFdn

Joined June 2017
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.@BernieSanders , it is a time to celebrate. @elonmusk has created enormous value for society by building @SpaceX, driving down the cost of rocket launches and creating a global satellite communication network that has brought high speed, low-cost internet and communication access to hundreds of millions and eventually billions of people along with critical advantages for our military and our nation’s defense. SpaceX and its technologies will cause an acceleration in the growth of wages and wealth creation globally, including in some of the poorest communities in the U.S. and around the world. Access to low-cost, high speed communications everywhere will allow children around the world to be educated, families to build businesses, and life-saving medical knowledge and care to be available everywhere. SpaceX will materially bring down the cost of compute, advancing AI and humanity. Meanwhile, 4,000 SpaceX employees yesterday became millionaires, including hourly wage employees who you claim you are trying to help. The Elon Musks of the world drive growth, global GDP, and provide access to goods and services at lower cost that would otherwise not exist. Elon’s nominal trillionaire status is due to his ownership of SpaceX, Tesla, Neuralink, the Boring Company and his other initiatives that have brought new technologies that improve our everyday lives. Elon is not sitting on a trillion dollar pile of cash, jewelry and gold. He is using his controlling stakes in his companies to advance mankind. Elon’s companies don’t pay dividends. They reinvest all of their capital to accelerate innovation and value creation. Elon is working 24/7 for all of us. He deserves respect and appreciation, not smears. Bernie, your socialism would never allow a SpaceX to be built. Socialism has only proven to impoverish mankind and lead to death and destruction. We need to create the conditions for more SpaceXs to be built, not attack the great entrepreneurs who are helping to advance our country.
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I just want to be successful thats all..
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Today’s SpaceX IPO and the immediate attacks by leftists on @elonmusk should make one thing crystal clear to everyone watching: Leftism is the enemy of humanity. It’s an extinctionist movement that hates excellence and, when carried to its inevitable conclusion, would kill off our species. Watch the ragtag socialist/commie crew of AOC, Bernie Sanders, Platner, Mamdani, Elizabeth Warren, etc. long enough and you’ll see it clearly. They resent excellence. They’re suspicious of ambition. They demonize our best builders and capital allocators. If you’re somehow on the fence because you’ve been led to believe that it’s immoral for someone to have a trillion dollars, consider this: They create precisely nothing of value themselves. They’re the professional version of the worthless critic we all know in our own lives. No innovations. No companies. No major breakthroughs. No employees, aside from staff we’re forced to fund with our tax dollars. On the other hand, Elon has created over 150,000 high-paying jobs at his companies. That doesn’t count contractors, suppliers or their employees. When you add those in, you’re likely talking about millions of jobs affected by him. He’s created tens of thousands of millionaires. His companies changed the car game forever, revolutionized internet access, gave us true free speech online again, helped the blind see, gave autonomy back to disabled people, changed the financial world and will make humanity a spacefaring civilization, which could ultimately save humanity if Earth faces an extinction-level event. The question they want you asking is whether he has too much money. The question I want you asking is this: What kind of society do you want to live in? One that celebrates excellence, advances humanity and makes the impossible possible? Or one laden with resentment, where we all need Daddy Government to provide the same shitty but equal standard of barely living for everyone, while choking innovation to death until there are no more rich people left to fund the welfare they promise? Elon doesn’t use his wealth to shower himself in abundance. He invests it in advancing humanity. If we gave the same amount of money to the government, they wouldn’t accomplish half as much as he has. How do I know? Because we’ve already given them trillions for decades. What did we get? Bloated agencies. Failed programs. Generational fraud. Wars. Armies of consultants. DEI. Perpetual wokeness. A society worth a damn celebrates its best capital allocators. Elon is the best in the business at turning dollars into more dollars by putting them to work in the right places and driving innovation. This uplifts humanity both now and later. If you need someone to demonize as a way to make yourself feel better, then demonize the leftist politicians who do nothing but criticize the most productive, exceptional people in society. These people don’t want you to be successful. They want you to be the cattle they herd. They want you dependent. They want you weak. They want your livelihood dependent on their hand filling your hand with scraps after they’ve robbed someone else’s. The sooner everyone understands that, the better. Eventually, you’ll be the one they rob. Or they’ll simply run out of people to rob. And worse, humanity will stop advancing. Eventually, we won’t even merely survive. Why? Because a cataclysm on Earth isn’t a matter of if. It’s a matter of when. We’re in an invisible race against time to push humanity into becoming a spacefaring civilization that can save itself before that day comes. Leftism would guarantee our deaths. The only path for humanity to survive and thrive is to innovate and for us to celebrate and support the creators, builders and innovators who make that possible. Anyone selling you the lie that those people are the enemy, IS YOUR ACTUAL MORTAL ENEMY. That’s why leftism must be defeated and the woke mind virus must die. I want humanity to survive. I hope you do too.
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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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.@ScottJenningsKY just torched the liberal meltdown over Elon becoming the world's first trillionaire: “All day long, I've been listening to liberals, count and spend Elon's money for him. This envy, jealousy, hatred of success. Why is it immoral? Why is it wrong for somebody in our system, our capitalist system, in the greatest nation on earth, to go out and build a company, build companies, build technologies, go into space, aim to go put a colony on Mars, give internet to half the world, all the things he's doing? Why is any of this wrong or bad? Why would we want to discourage entrepreneurship? Why would we want to discourage anybody building anything?” Exactly. Success isn't a crime.
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Never forget - the D party doesn’t want the welders, cafeteria staff and regular workers to become rich. They want them on welfare. They want their vote, not their success.
A welder took a $28 an hour job in 2015 at a company he had never heard of. On Friday, Juan Hernandez became a millionaire. He spent ten years building the structures that lifted rockets onto the launch pad. SpaceX paid him partly in stock, the way it paid its cooks, machinists, technicians and cafeteria staff, equity instead of bigger salaries. His $10,000 grant grew into $880,000 at the IPO price. The first day pop carried it past a million. He is 42, an immigrant from Mexico, married, three kids. He says he is keeping the job. He is not the outlier. He is the pattern. 4,400 current and former SpaceX employees became millionaires on Friday. One in five people who ever badged into the company. About 400 of them are walking away with $100 million or more. One employee took every cash bonus in stock instead of money. He is sitting on 50,000 shares, worth more than $8 million at Friday's prices. And then there is the other side of the cafeteria. Some employees sold their shares years ago, certain the company would never go public because Musk said he hated public markets. A few traded their stock for restaurant gift cards. The New York Times says they are consumed by regret. Same grant, same building, same years. One group held the claim. The other ate it. None of the winners can touch the money yet. The first selling window opens after the August earnings report, and the rest unlocks in waves through December. Underneath all of it sits the only lesson the market ever teaches. The welder and the gift card came from the same place. The difference was never the work. It was the ownership. Salary pays for the month. Equity pays for the era. A cook in Brownsville just answered the question every buyer of SPCX is asking at $170: what is a claim on this company actually worth? The piece prices that exact question at $2.2 trillion.
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This single tweet cost California hundreds of billions of dollars in taxes, revenue, and jobs:
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Replying to @CAgovernor
Agree - we need every child in the game from birth w an automatic Invest America | @TrumpAccounts - a direct owner & compounder in our greatest companies. Let’s raise the floor for ALL aligned w capitalism rather than attacking the innovators who put America on top. 🚀🇺🇸
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“I don’t ever give up” Congrats @elonmusk 🚀

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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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Never give up
> you’ll never start a rocket company > you’ll never build your own engines > you’ll never be able to use off-the-shelf parts > you’ll never survive three launch failures > you’ll never reach orbit > you’ll never win NASA’s trust > you’ll never launch cargo to the ISS > you’ll never compete with Boeing > you’ll never compete with Lockheed > you’ll never make rockets reusable > you’ll never land a rocket vertically > you’ll never land one on a drone ship > you’ll never reuse a booster > you’ll never fly the same booster 10 times > you’ll never fly the same booster 20 times > you’ll never fly the same booster 30 times > you’ll never recover and reuse the fairing > you’ll never lower launch costs > you’ll never launch every month > you’ll never launch every week > you’ll never launch multiple times a week > you’ll never carry astronauts > you’ll never replace Roscosmos > you’ll never fly civilians to orbit > you’ll never manufacture satellites at scale > you’ll never build the biggest constellation ever > you’ll never make satellite internet work > you’ll never make satellite internet fast > you’ll never make satellite internet affordable > you’ll never serve rural customers > you’ll never serve aircraft and ships > you’ll never build a methane rocket engine > you’ll never make full-flow staged combustion work > you’ll never build the most powerful rocket ever > you’ll never build a rocket bigger than Saturn V > you’ll never build it out of stainless steel > you’ll never launch Starship > you’ll never separate Super Heavy and Starship > you’ll never relight Raptor in space > you’ll never bring Super Heavy back > you’ll never catch a booster with Mechazilla tower arms > you’ll never launch 85% of mass to orbit worldwide > you’ll never change the economics of space > you’ll never force the entire industry to copy you > you’ll never win > you’ll never IPO   Congratulations to @elonmusk and the SpaceX team. You did what countless people said was impossible, and you did it time and time again.   Today is your day. You deserve this. May it be a glorious one.
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That's our member behind the wheel. He was pulled out of the cab and suffered shock and physical injury to his arm, back and head. The whole city is elated about our hometown team — and that includes drivers who watched the game last night at airport lots while waiting for the next fare, listened on their radios while cruising for the next job, and huddled at hotel lines with the same heart-stopping anxiety that turned into the most beautiful joy. Pulling the cab driver out of his seat, stomping on and shattering his hood turned our joy into a nightmare. When you see the yellow, do you not see the person behind the wheel? That's someone's spouse, child, parent or friend — a New Yorker. He wasn’t out there for a joy ride, he was working to make ends meet and to get his fellow New Yorkers home safely. Cabbies pay just to go to work. They pay for their cars — whether through loans or leases. Drivers need safety on the job, both in the quiet moments of ordinary days and in the middle of public celebration. Shame on anyone who turns these joyful moments into nightmares for fellow New Yorkers.
BREAKING: Knicks Fans climb and smash Yellow cab on 7th Avenue in NYC after Knicks win Game 4 of the NBA Finals Video by @yyeeaahhhboiii2 | Licensing desk@freedomnews.tv
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No words
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If you paint a swastika on a school, it’s a crime. You will be investigated, arrested, sentenced and fined. If you put something similar on your chest, you can become a Democrat Senator and the D party will give you millions of dollars. The modern-day D party is a disaster.
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Hang it in the louvre.
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The total amount since January is 137 kilos. It’s Auschwitz level amounts of hair from just two days of slaughtering innocent Iranian women. This is why we never saw piles of female bodies in the morgues. They were harvested.
The islamic regime is selling murdered Iranian women for parts. Armenia has confiscated massive amounts of undeclared Iranian natural women's hair which was brought across the border. This illegal trend has been skyrocketing since, wait for it, January. Almost all the morgue victims from the massacre were men, and not women. We are beginning to learn what actually happened to the girls who were massacred back then.
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Sports, the last thing that still brings us together.
This is the clip.
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Here's a table of Mag 7 Price-to-Sales (fwd) ratios at IPO next to what they "should have been" knowing what we know now. Spacex at the end. If future Spacex growth = AMZN 1997 or NVDA 1999, you'll still kill it. But if it's "just" META 2012 or AAPL 1980, pricing in too much.
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BREAKING: Iran launches ballistic missile attack against Israel. Targeting civilians with missiles is a war crime. We call on the U.N. Security Council to meet immediately and condemn Iran's blatant aggression in violation of the U.N. Charter, and its breaking of the ceasefire.
🚨 The IDF identified missiles launched from Iran toward Israel. Defensive systems are operating to intercept the threat.
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BREAKING: Iran has launched a number of ballistic missiles at northern Israel. Expect Israeli airstrikes against Iran in the coming hours…
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