{"id":1261,"date":"2026-06-13T14:38:34","date_gmt":"2026-06-13T14:38:34","guid":{"rendered":"https:\/\/interstatelogisticshubs.com\/?p=1261"},"modified":"2026-06-13T14:38:34","modified_gmt":"2026-06-13T14:38:34","slug":"the-socialist-horror-spacex-ipo-to-create-billionaires-and-millionaires","status":"publish","type":"post","link":"https:\/\/interstatelogisticshubs.com\/?p=1261","title":{"rendered":"The socialist horror: SpaceX IPO to create billionaires and millionaires"},"content":{"rendered":"
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Bernie and Pocahontas must be having hysterical fits. SpaceX\u2019s Initial Public Offering (IPO) is underway, with first trades anticipated to broach approximately $175 (give or take) per share (at time of writing). The capitalist success will irk the defeatist socialists no end.<\/p>

Read more Who is Nithya Raman and how did she do that?<\/a><\/p>\n

In their perverted orthodoxy a solitary billionaire is a \u201cpolicy mistake,\u201d so imagine their maudlin mood when the SpaceX IPO spawns several billionaires and a multitude of millionaires. Worst still, Elon Musk is poised to become a trillionaire. The travesty of it all \u2014 so much wealth in private hands.<\/p>\n

Bernie and Po will demagogue about inequality, rather than applaud success. They want the administrative state to spread the wealth for political purposes. Well, the nouveau riche are about to spread their wealth for economic purposes. They\u2019ll be \u201csharing\u201d their windfalls in a manner more aligned with free-market dynamics than central-planning pinheads could. Indeed, here are some examples of how they\u2019ll enjoy the fruits of their labors.<\/p>

Read more Colorado is a contender in the Medicaid fraud sweepstakes<\/a><\/p>\n

Such lavish spending sprees may not engender long-term happiness for the spendthrifts, but it will benefit those who provide the goods and services. They\u2019ll probably attain as much lasting satisfaction because wealth is all relative. The money splashing around won\u2019t \u201ctrickle down\u201d \u2014 it will cascade.<\/p>

Read more Another new \u2018trend\u2019 emerges: Blacks use AI to pretend they\u2019re urinating on Austin Metcalf\u2019s grave<\/a><\/p>\n

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\"ChatGPT\"<\/figure>\n<\/p>\n

Image generated by ChatGPT.<\/em><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Bernie and Pocahontas must be having hysterical fits. SpaceX\u2019s Initial Public Offering (IPO) is underway, with first trades anticipated to broach approximately $175 (give or take) per share (at time of writing). The capitalist success will irk the defeatist socialists no end. Read more Who is Nithya Raman and how did she do that? In […]<\/p>\n","protected":false},"author":1,"featured_media":1259,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49,574],"tags":[575],"class_list":["post-1261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-spacex","tag-related-topics-spacex-socialism-stock-market-bernie-sanders"],"yoast_head":"\nThe socialist horror: SpaceX IPO to create billionaires and millionaires - Interstate Logistics Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/interstatelogisticshubs.com\/?p=1261\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The socialist horror: SpaceX IPO to create billionaires and millionaires - Interstate Logistics Hub\" \/>\n<meta property=\"og:description\" content=\"Bernie and Pocahontas must be having hysterical fits. SpaceX\u2019s Initial Public Offering (IPO) is underway, with first trades anticipated to broach approximately $175 (give or take) per share (at time of writing). The capitalist success will irk the defeatist socialists no end. Read more Who is Nithya Raman and how did she do that? 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