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Sequoia Partner Shaun Maguire: SpaceX's New Millionaires Will Fund Pro-America Projects
Sequoia Partner Shaun Maguire: SpaceX's New Millionaires Will Fund Pro-America Projects
SpaceX's planned IPO next Friday will be a major wealth-creation event for current and former employees, including engineers, technicians, mariners, welders, and other salaried workers who have accumulated equity over the years.
Elite liberals who earned unproductive, 'woke' degrees and are drowning in $100,000 or more in student debt, working two jobs, won't be able to stomach that the basic SpaceX welder working on Starship will become an overnight millionaire next Friday.
There will be thousands of new millionaires next Friday...
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Mar 26, 2026 / Tyler Durden
Measuring Poverty Correctly Reveals A Hard Truth About The Welfare State
Measuring Poverty Correctly Reveals A Hard Truth About The Welfare State
Authored by Tyler Turman via TheDailyEconomy.org,
America has spent more than $20 trillion on fighting poverty since the introduction of President Johnson’s Great Society program in 1964. Sixty years later, how are we doing?
That depends, as it turns out, on how you measure it.
Last month, Senator Kennedy (R-LA) introduced a bill that would require the Census Bureau to report a new poverty metric as an alternative to the Official Poverty Measure (OPM) by including both cash and non-cash welfare benefits in its calculations.
As Kennedy points...
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Mar 25, 2026 / Tyler Durden
In Win For Putin, India Buys 60 Million Barrels Of Russian Oil, As Refiners Increasingly Transact In Yuan, Dirham
May 17, 2026 / Kyle Anzalone
Taiwan Urges Trump to Maintain Status Quo on Weapon Sales
After a meeting between President Donald Trump and Chinese President Xi Jinping, Taiwanese President Lai Ching-te urged Washington to continue selling weapons to Taipei. During his summit with Trump, Xi said that the Taiwan issue would determine the future of the relationship between the US and China. Following the meeting, Trump said that he has […]
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