Bouquets & Brickbats
Bouquet On June 12, 2026, Elon Musk officially launched Space X on NASDAQ in a stock offering that raised $75 billion for the company and made him — on paper, at least — the world’s first trillionaire. Condemnations of Musk’s inter-planetary wealth were not long in coming. “No human being should ever be allowed to have a trillion dollars,” proclaimed Mother Jones, eliding the question of who should be empowered to decide how much money Elon Musk (or anyone else) should be allowed to have. The New York Times, The Guardian, Senators Elizabeth Warren and Bernie Sanders, Congressman Ro Khanna, New York Mayor Zohran Mamdani, and various other worthies all eagerly piled on. Elon Musk has too much money! Something must be done!Forget that Musk himself lives modestly, if not autistically, and that his enormous wealth exists almost entirely on paper, as the result of his stake in companies that he founded and built from scratch — and which ordinary Americans get a thrill from backing. Musk’s …