Calling all SpaceX Millionaires!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have zero shares, barely managed this year after my DH had a long term layoff. Eff off.

Sounds like you and DH need to be smarter and adapt better!

Sounds like you need to not be an arrogant pig and realize that not everyone has had the same life experiences as you and some things are not in your control. NP.

+1

What an ignorant prick.

I'm OP: I moved to this country with no family, no connections, and just one suitcase. I got a scholarship to a good school because I worked hard. I worked non-stop throughout college while my parents were divorced, mother SAHM and my father is an alcoholic who abused me. The UMC white kids at my school partied and never worked the work I did. It paid off and now I'm supposed to feel pity for some random person who's jealous of hard work?

This is what America was made on and I will always remain grateful for this country that lifted my family out of GENERATIONAL poverty at the likes an American cannot comprehend.

It’s your husband’s work, not yours. What are you preening about?

The troll lost the thread obviously and forgot the OP framing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My friend’s kid got a job there a few years out of college as an engineer. I assume they are now a multimillionaire?! Wow.

SpaceX is known to be a sweatshop, and actually pays its engineer below market rate (with like an Amazon level of equity like $250k)

https://www.reddit.com/r/SpaceXLounge/comments/1rrej5c/is_spacexs_burnout_high_turnover_work_culture_bad/

If they were there in 2005 or so and STILL there, yes, they could have real equity and be millionaires! When did they go to college?

Nothing wrong with being a sweatshop. I spent a few years at one in my late 20s and it was the most memorable and rewarding experience. Learned a lot. And in your 20s/early 30s is the right time to do it.

Sure but it’s and underpaid sweatshop in general, and you are pushed out or burned out before can accumulate enough equity to be worth it, on average.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My friend’s kid got a job there a few years out of college as an engineer. I assume they are now a multimillionaire?! Wow.

Only if they were paid with stock. Not eveyone is.

Even welders got stock.

But not much and oft diluted.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Hoping it crashes and burns.

What kind of person thinks like this?

You don't get to where Musk is without exploiting workers, rules, regs. He's worth over a trillion when people are homeless and dont have enough to eat. He's a sociopath. Further, he could give back way more than he does now. The fact he doesn't speaks volumes of his morality and humanity.

How did he exploit workers? Did he put a gun to their head and force them to work at the company? They could have quit at anytime. You’re just Aaother clueless socialist lib who survives on govt handouts. Go get a job.

Workers re exploited all the time, and generally finding another job is not trivial.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Better sell quick, offload that stinker

They probably can’t until the lockup period ends

And if they sell inside the next year they will pay 40-55% in taxes dependent on whether they live in a no state income tax state (37% Federal+ 3.8% NIIT + state taxes up 14.7%)

It depends on when they acquired the stock, if/when they did an 83b election for options, etc

Insiders don't buy the stock in the IPO.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Hoping it crashes and burns.

What kind of person thinks like this?

You don't get to where Musk is without exploiting workers, rules, regs. He's worth over a trillion when people are homeless and dont have enough to eat. He's a sociopath. Further, he could give back way more than he does now. The fact he doesn't speaks volumes of his morality and humanity.

How did he exploit workers? Did he put a gun to their head and force them to work at the company? They could have quit at anytime. You’re just Aaother clueless socialist lib who survives on govt handouts. Go get a job.

SpaceX lives on government handouts

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have zero shares, barely managed this year after my DH had a long term layoff. Eff off.

Sounds like you and DH need to be smarter and adapt better!

Sounds like you need to not be an arrogant pig and realize that not everyone has had the same life experiences as you and some things are not in your control. NP.

+1

What an ignorant prick.

I'm OP: I moved to this country with no family, no connections, and just one suitcase. I got a scholarship to a good school because I worked hard. I worked non-stop throughout college while my parents were divorced, mother SAHM and my father is an alcoholic who abused me. The UMC white kids at my school partied and never worked the work I did. It paid off and now I'm supposed to feel pity for some random person who's jealous of hard work?

This is what America was made on and I will always remain grateful for this country that lifted my family out of GENERATIONAL poverty at the likes an American cannot comprehend.

Wow that’s deep. And then you married a smart guy!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have zero shares, barely managed this year after my DH had a long term layoff. Eff off.

Sounds like you and DH need to be smarter and adapt better!

Sounds like you need to not be an arrogant pig and realize that not everyone has had the same life experiences as you and some things are not in your control. NP.

+1

What an ignorant prick.

I'm OP: I moved to this country with no family, no connections, and just one suitcase. I got a scholarship to a good school because I worked hard. I worked non-stop throughout college while my parents were divorced, mother SAHM and my father is an alcoholic who abused me. The UMC white kids at my school partied and never worked the work I did. It paid off and now I'm supposed to feel pity for some random person who's jealous of hard work?

This is what America was made on and I will always remain grateful for this country that lifted my family out of GENERATIONAL poverty at the likes an American cannot comprehend.

Yes, I see the disdain and condescension towards white Americans when I go to Ashburn and encounter South Asians behaving badly. The earlier wave of South Asian immigrants were mannered and intelligent. The new wave intends to bypass the usual tough route taken by every single immigrant group who has arrived. The European Americans broke their backs creating this country over several centuries, as did all other immigrant groups. Obviously the African Americans did not come over of their own free will. Your new group is aggressive, with a really bad attitude. Your comment above exemplifies what I'm talking about.

They also love pretending they lifted themselves from poverty whereas they had servants all their lives. Trying to be part of the “black and brown” underrepresented group.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have zero shares, barely managed this year after my DH had a long term layoff. Eff off.

Sounds like you and DH need to be smarter and adapt better!

Sounds like you need to not be an arrogant pig and realize that not everyone has had the same life experiences as you and some things are not in your control. NP.

+1

What an ignorant prick.

I'm OP: I moved to this country with no family, no connections, and just one suitcase. I got a scholarship to a good school because I worked hard. I worked non-stop throughout college while my parents were divorced, mother SAHM and my father is an alcoholic who abused me. The UMC white kids at my school partied and never worked the work I did. It paid off and now I'm supposed to feel pity for some random person who's jealous of hard work?

This is what America was made on and I will always remain grateful for this country that lifted my family out of GENERATIONAL poverty at the likes an American cannot comprehend.

Yes, I see the disdain and condescension towards white Americans when I go to Ashburn and encounter South Asians behaving badly. The earlier wave of South Asian immigrants were mannered and intelligent. The new wave intends to bypass the usual tough route taken by every single immigrant group who has arrived. The European Americans broke their backs creating this country over several centuries, as did all other immigrant groups. Obviously the African Americans did not come over of their own free will. Your new group is aggressive, with a really bad attitude. Your comment above exemplifies what I'm talking about.

They also love pretending they lifted themselves from poverty whereas they had servants all their lives. Trying to be part of the “black and brown” underrepresented group.

I love hearing how impoverished their family was for generations only to realize via a simple google search they’re part of the upper caste.

[Anonymous]

To the extent that the value is real, it comes from the possibility that he’s stolen control of the United States and given it to Putin, not from rockets.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Hoping it crashes and burns.

What kind of person thinks like this?

You don't get to where Musk is without exploiting workers, rules, regs. He's worth over a trillion when people are homeless and dont have enough to eat. He's a sociopath. Further, he could give back way more than he does now. The fact he doesn't speaks volumes of his morality and humanity.

How did he exploit workers? Did he put a gun to their head and force them to work at the company? They could have quit at anytime. You’re just Aaother clueless socialist lib who survives on govt handouts. Go get a job.

Workers re exploited all the time, and generally finding another job is not trivial.

No they are not because they are not being forced to work there. They always have a choice to work somewhere else. Sounds like the only skills you have are flipping burgers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Better sell quick, offload that stinker

They probably can’t until the lockup period ends

And if they sell inside the next year they will pay 40-55% in taxes dependent on whether they live in a no state income tax state (37% Federal+ 3.8% NIIT + state taxes up 14.7%)

It depends on when they acquired the stock, if/when they did an 83b election for options, etc

Insiders don't buy the stock in the IPO.

Good point. So if it’s long term gain, 20% LTCG + 3.8% NIIT + state taxes

Or they could take loans on their equity, live off the loans, and not pay any taxes. Buy-Borrow-Die

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have zero shares, barely managed this year after my DH had a long term layoff. Eff off.

Sounds like you and DH need to be smarter and adapt better!

Sounds like you need to not be an arrogant pig and realize that not everyone has had the same life experiences as you and some things are not in your control. NP.

+1

What an ignorant prick.

I'm OP: I moved to this country with no family, no connections, and just one suitcase. I got a scholarship to a good school because I worked hard. I worked non-stop throughout college while my parents were divorced, mother SAHM and my father is an alcoholic who abused me. The UMC white kids at my school partied and never worked the work I did. It paid off and now I'm supposed to feel pity for some random person who's jealous of hard work?

This is what America was made on and I will always remain grateful for this country that lifted my family out of GENERATIONAL poverty at the likes an American cannot comprehend.

Yes, I see the disdain and condescension towards white Americans when I go to Ashburn and encounter South Asians behaving badly. The earlier wave of South Asian immigrants were mannered and intelligent. The new wave intends to bypass the usual tough route taken by every single immigrant group who has arrived. The European Americans broke their backs creating this country over several centuries, as did all other immigrant groups. Obviously the African Americans did not come over of their own free will. Your new group is aggressive, with a really bad attitude. Your comment above exemplifies what I'm talking about.

They also love pretending they lifted themselves from poverty whereas they had servants all their lives. Trying to be part of the “black and brown” underrepresented group.

I love hearing how impoverished their family was for generations only to realize via a simple google search they’re part of the upper caste.

And the hate towards perceived affirmative action hires or admits

[Anonymous]

Anonymous wrote:To the extent that the value is real, it comes from the possibility that he’s stolen control of the United States and given it to Putin, not from rockets.

Definitely not to Putin though, he is in pretty dire straits rn

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Hoping it crashes and burns.

What kind of person thinks like this?

You don't get to where Musk is without exploiting workers, rules, regs. He's worth over a trillion when people are homeless and dont have enough to eat. He's a sociopath. Further, he could give back way more than he does now. The fact he doesn't speaks volumes of his morality and humanity.

How did he exploit workers? Did he put a gun to their head and force them to work at the company? They could have quit at anytime. You’re just Aaother clueless socialist lib who survives on govt handouts. Go get a job.

SpaceX lives on government handouts

Bunch of clueless libs on this thread. It’s not a handout if the company is providing a service/product for the govt. Do you expect SpaceX to transport govt satellites to orbit and astronauts to the ISS for free? SpaceX does it cheaper and faster than the govt could ever do in its wildest dreams.

Now welfare is a govt handout. The govt gets nothing in return except more single mothers with lots of babies who are dependent on the govt.