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Great companies aren't built on average talent. In private equity backed high growth businesses, the right operator changes everything. Onward Headhunting partners with founders, operators and investors to build elite finance strategy and operations teams. From early hires to exit ready leadership, we deliver the talent that drives outcomes. If you are scaling or transacting, go onward. Visit onward headhunting.com or find us on LinkedIn to learn more.
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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.