Americans are cheering the extraordinary achievements of Elon Musk, who through sheer grit and brilliance has powered the United States to the forefront of the space race.Musk’s revolutionary vision of reusable rockets has created a company that dominates global satellite communications and leads space exploration, putting within reach the ability to put data centers into orbit and create a human colony on the moon or perhaps eventually on Mars.
In the process, Musk has become the world’s first trillionaire.As Musk said the day he sold a stake in SpaceX to the public: "That’s what SpaceX is all about – it’s to take the fiction out of science fiction and create an exciting, inspiring future for everyone."Senators Bernie Sanders and Elizabeth Warren are not excited or inspired.The multi-millionaire senators and their leftist collaborators are seething, offended beyond comprehension that a single individual has become so rich.
They view Musk’s record-setting sale of equity in SpaceX and accumulation of wealth as an indictment of our capitalist society, though they have yet to explain how anyone has been injured by the entrepreneur’s success.BERNIE SANDERS COMPARES TRUMP, MUSK AND OTHER 'OLIGARCHS' TO 'HEROIN ADDICTS,' SAYS DRUG OF CHOICE IS 'GREED'Indeed, they ignore the fabulous wealth that Musk has created for SpaceX employees: with the company’s initial public offering last week, some 4,400 workers at the company reportedly became millionaires overnight, and some 400 are now each worth more than $100 million.Those institutions that invested early on, including the University of North Carolina system, the University of Virginia and Washington University in St.
Louis, have also benefited from early investments in SpaceX.While the investment committees at universities like Harvard and Columbia were focused on divesting companies producing fossil fuels or businesses with ties to Israel, some schools made a ton of money betting on Musk.The Warren-Sand...