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This is Scott Becker with the Becker Business the Becker Private Equity Podcast Today's discussion is the Musk Moment. Three quick points. We also have podcasts this week for you on the markets, also the Wealth Effect and some shout outs. But here is the Musk Moment. Three quick points. First, Tesla got trashed on Friday down about four and a half percent. We're also down again on Monday. We'll see how the rest of the day plays out on Monday to see how Tesla ends up. But again, Tesla did get hit on Friday. It's down. As I'm reading this, as I'm watching this recording this. It's at about 9% year to date. We'll see how it ends today. But. But that's first with Tesla the Musk moment. Tesla down. Second, SpaceX about to go public in June. Projecting a June 12th date for going public. This is a home run for Elon Musk that puts him close to being the world's first trillionaire as a person. Literally remarkable. And it does cause a lot of these fights and politics around wealth inequality. It's a very hard topic because what Elon Musk has done is incredible. And at the same time people hate that level of wealth inequality. A fascinating, fascinating subject. I don't know how to parse through it because you get a creative genius like this who builds all these things that are insane. Do they get rewarded for it? How do they get rewarded for it? Really an interesting question. Finally, the third thing of the Musk Moment goes to Twitter and X. I love the free speech on Twitter X. I also hate the crazy amount of like, oh my goodness, racism, anti Semitism, everything else on X. I find myself sometimes stupidly arguing with bots on X. That may be one of the stupider things that I do. And I do plenty of stupid things. But arguing with bots has got to be right up there. In any event, that's where we're at on the Musk Moment today, talking about Tesla, SpaceX and Twitter. Thank you for listening to the Becker Business, the Becker Private Equity Podcast.
Host: Scott Becker
Episode Date: May 20, 2026
In this concise episode, Scott Becker shares his rapid-fire insights on the latest developments across Elon Musk’s major ventures—Tesla, SpaceX, and X (formerly Twitter). Dubbed "The Musk Moment," the segment delivers three focused updates, reflecting both business performance and cultural impact. Scott also touches on wealth inequality and the personal challenges of engaging on social media.
Recent Stock Performance:
“Tesla got trashed on Friday, down about four and a half percent... As I'm reading this, as I'm watching this recording this. It's at about 9% year to date.” (00:39)
Market Sentiment:
IPO Timing and Impact:
“SpaceX about to go public in June. Projecting a June 12th date for going public. This is a home run for Elon Musk...” (01:00)
Implications for Elon Musk:
“That puts him close to being the world’s first trillionaire as a person. Literally remarkable.” (01:07)
Discussion on Wealth Inequality:
“It's a very hard topic because what Elon Musk has done is incredible. And at the same time people hate that level of wealth inequality. A fascinating, fascinating subject. I don't know how to parse through it...” (01:12)
Free Speech vs. Toxicity:
“I love the free speech on Twitter X. I also hate the crazy amount of like, oh my goodness, racism, anti-Semitism, everything else on X.” (01:36)
Personal Challenges:
“I find myself sometimes stupidly arguing with bots on X. That may be one of the stupider things that I do. And I do plenty of stupid things. But arguing with bots has got to be right up there.” (01:45)
On Musk’s Contradictory Impact:
On Debating Bots:
Scott Becker offers a punchy review of how Musk’s business empire is shaping financial news and broader conversations, blending market data with social commentary. The episode is notably candid—recognizing both awe and discomfort in Musk's meteoric success and its societal ramifications. Scott’s tone is conversational, approachable, and laced with personal reflection, making the episode insightful even for those without direct investment ties to Musk’s companies.