Latest / Palafox Media Network / Guardians of the Republic: Tony talks about Elon's Reach
Transcript
- Tony: We were on Russian rockets paying Rush paying Russia our tax dollars to launch our military satellites up into space. What and and Musk is the one that came up and said, Hey, can't we make these rockets reusable? And if I can make them reusable, I can get I can start seeing economies factor into this and I can start providing this at a lower price. He had a crazy idea and he drove engineers unmercifully until they figured it out. Now there's a gazillion Starlake satellites in the w all over the galaxy in low in low Earth orbit. I mean, even today if if you're if my phone I've got ATT, if I go SOS, I can't find a signal. It's got a satellite. It's got a Starlake satellite on it that I can still make a cell phone call. I mean, th this is this is just gonna revolutionize it is revolutionizing our country and it's revolution the revolu revolutionizing the world. And you know, when when he took SpaceX pr ⁓ public a week or so ago, yeah, he's made a gazillion dollars in the stock market, but also engineers, mechanics, you know, just common laborers that that took lower wages in exchange for options on SpaceX stock became millionaires overnight because of Elon Musk. Now, Musk is not selling his stock. And yeah, he's a trillionaire, or at least he was until SpaceX stock I think dropped today and he's back down to nine hundred only nine hundred and something billion. But that's all in paper. You know, you you can't say it's not like he's got a trillion dollars sitting in cash in the bank. Well you can't go tax that. I mean we don't tax we don't tax wealth. We only tax capital gains and we tax income. But just because you got a bunch of stuff you could sell, we don't tax it. Until you sell it.