Warren sent a tweet repeating the lie that Elon Musk doesn’t pay taxes, when this tax year he will pay more than any one individual in history has, estimated around $10 billion. While Elon Musk does not pay the Federal Income Tax because he doesn’t actually have a cash income, he pays Capital Gains taxes on his Tesla stock options, the means by which he is compensated. Yet, progressive leftists continue to insist he doesn’t pay income tax, even though the truth is that he’s paying substantially.

Musk fired back at Warren, reminding her of her fraudulent claims of being Native American in order to get preferential admissions treatment to college. She even wrote a book called Pow Wow Chow, which by progressives’ own rules, I suppose we could consider cultural appropriation. When in reality, Elizabeth Warren is 1/1024 Native American. Former President Donald Trump, who referred to Warren as Pocahontas, effectively goaded her into taking a DNA test, where she found her Native American ancestry was substantially less than she claimed.

Elon Musk then went on to call Elizabeth Warren Senator Karen and stated she yells for no reason.

Elon tweeted at her again reminding her that his tax bill is going to be significant this year and took a shot at her for her role in the budget deficit.

Elizabeth Warren responded by drumming up ads on social media to solicit campaign contributions for her distant 2024 re-election campaign, acting as if she were running against Elon Musk himself. The website in the link is an Act Blue link for her campaign.

Unsurprisingly, the ads targeted California residents much more than they targeted Massachusetts residents, and the leading target demographic of her ads is women over the age of 65.

Upon learning of the ads, Elon Musk asked if Elizabeth Warren was really someone that we wanted as a Senator, and stated that the people of Massachusetts deserve better.

Yet, Musk appears to be spearheading ideals that progressives favor, like atmosphere decarbonization. It seems odd that they aren’t willing to recognize him for privately and willingly carrying out the work that they’re demanding be done by government force.

But of course, the memes have been fantastic.

The post Cowboys vs Indians: The Feud Between Musk and Warren appeared first on The Libertarian Republic.

Musk went on to mock those in attendance by stating any Chief position, like CEO or CFO is a made up position. He stated that the only positions that matter when filing for a corporation are the titles of President, Secretary and Treasurer.

Elon also stated in the interview that the Federal Budget Deficit is “insane” and called for President Biden’s Build Back Better Plan to be “deleted.”

But the real highlight came when Elon stated that the government allocates capital very poorly, and capital allocation should be done by private people who can do it properly. He then described the government as a corporation with a monopoly on violence, a phrase that is popular with libertarian thinkers.

While in past years Elon Musk has described himself on Twitter as having socialist tendencies, it appears he’s had a degree of reconsideration. Especially considering socialism is heavily reliant on this monopoly of violence.

This shift in thinking was very noticeable during an exchange Elon Musk had on Twitter with David Beasely, the Executive Director of the UN’s World Food Programme. 

After claims that $6 billion of Elon’s money would solve world hunger were made by CNN, Researcher David Eli inquired why the UN couldn’t solve world hunger last year when it had amassed more than $6 billion. Elon replied that if the UN could prove how $6 billion could solve world hunger, and be transparent about how funds were used, that he would immediately sell $6 billion worth of stock and donate it.

David Beasely with the World Food Programme chimed in stating that CNN’s claim was not accurate (no surprise there), but essentially stated “it’s a start” while seemingly not accepting Elon’s condition of transparency and accountability.

Elon then replied “What happened here?” and linked an article about UN Peacekeepers forcing children in impoverished countries to perform sex acts on them for food.

Apparently government programs are only not very good at resource allocation, but they’re also incredibly sinister about it.

Watch the entire interview with Wall Street Journal below.

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On Wednesday, the company’s Starship test model SN10 made a high altitude test flight to 10 kilometers and landed back on the launch pad. The previous two attempts with SN8 and SN9 reached their test altitude but suffered RUDs (Rapid Unscheduled Disassembly, or in simpler terms, exploding) at the point of landing.

SpaceX attempted SN10’s high altitude test in the mid afternoon, but was automatically aborted by the system at T-0 due to a detected anomaly.

The second attempt successfully launched, with Starship reaching the 10 kilometer test altitude, freefalling back to earth horizontally, and thrust pivoting back to the vertical position to land. 

You can watch the full launch event here:

Starship SN10 did, however, experience an RUD a few minutes after landing, from what some are speculating to be a methane leak. However this is only a minor problem at this development stage, and landing the Starship without an RUD at the landing stage itself is a gigantic step forward. 

Watch SN10’s RUD below:

This successful test of the SN10 stage comes the day after Japanese entrepreneur Yusaku Maezawa, who previously purchased a civilian space flight, announced a chance for you to join him on what he calls the Dear Moon Project. The flight will go around the moon and come back to earth. Musk states that this flight will actually go a little bit past the moon in order to be the furthest humans have ever been in space.

In a joint video released with Elon Musk, Yusaku Maezawa details his vision to bring 8 people who consider themselves to be creative or artistic along with him for the ride on Starship in 2023. 

If you describe yourself as creative or artistic, as Maezawa details in the video that anyone can be, you can enter for your chance at one of the seats at DearMoon.earth. 

Judging from his Twitter handle of @yousuckMZ, yes, he’s very aware of what his first name phonetically sounds like in English.

The successful landing of Starship the day after this announcement should hopefully give people confidence that SpaceX is on track for Starship to carry people in 2 years. Under development by SpaceX, it is intended to take humans to Mars and will be the world’s first fully reusable spacecraft.

The post SpaceX Lands Starship, Offers Free Trip Around the Moon appeared first on The Libertarian Republic.

This achievement in and of itself is an enormous feat, but what’s more impressive is the way in which Musk built this fortune. Many progressives are quick to criticize people who have attained billionaire status, suggesting that no one person should have an opportunity to accumulate such capital while others live below the poverty line. What is often forgotten in these discussions, however, is the good these entrepreneurs have created for others and for society at large.

While a popular narrative may be that Musk achieved success by exploiting others, there seems to be a deep disconnect between this theory and reality. Alongside his personal wealth, Musk has created countless jobs, contributed millions of dollars to deserving charities, and spearheaded technological and engineering feats that once seemed impossible. His important breakthroughs have made way for progress, both within and outside of his own companies.

Rather than condemning Musk, we should be examining his path to prosperity. While it’s true Tesla received significant government subsidies, there are lessons to be learned here, and chief among those lessons is that of the power in risks. After all, if the government is going to get involved in private industry at all, it should be by providing incentives for innovation, rather than punishing or overregulating promising entrepreneurs.

In 2003, when EVs were largely considered a niche market, Elon Musk founded Tesla, the famed electric car company. With its unconventional marketing strategy and luxury appeal, Tesla contributed significantly to the popularization of electric vehicles in the 21st Century.

Since Tesla’s founding, the production of electric vehicles themselves, as well as EV infrastructure, has grown astronomically. Since 2003, the US has surpassed one million sales of EVs, and infrastructure has only continued to expand. Tesla paved the way for other EV manufacturers to debut in the modern market. The industry’s growth has surpassed initial expectations and with that, accelerated our path to a cleaner future.

Musk, of course, had no way of knowing this 17 years ago when he took a risk and founded Tesla. Entrepreneurs often precede market trends with their products, which is the beauty of a free market. Because of Tesla and similar EV companies, consumers were given a new, more sustainable choice.

Historically, innovation has been fueled by people like Musk, not government actors. Innovators are often maligned for their success, despite spearheading the very initiatives those on the left often urge governments to take on. The key difference, of course, is that entrepreneurs take risks with their own resources and at their own consequence, while governments take action at the expense of the taxpayers, and often at the cost of personal freedoms.

What’s critical is that Musk wasn’t reacting to government demanding a certain number of electric vehicles by a certain year or, as California enacted late last year, a complete phase-out of traditional, gasoline-powered vehicles by 2035. Instead, Musk created Tesla because he had an idea he believed would benefit and appeal to consumers. Luckily for him, the market responded enthusiastically, and Tesla became a household name in less than two decades.

Musk is a pioneer, and he took a risk that others were not willing to take on, creating jobs, improving society, and spearheading vital technological developments and research in the process. He was successful because his approach was one that government will never be able to replicate—an approach of creating based on ambition, curiosity, and responding to the demands of the market rather than a mandate or policy.

This article was originally published on FEE.org. Read the original article.

Image: jurvetson on Flickr

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That all changed when the tribe was connected to SpaceX, whose Starlink satellite manufacturing is based in Redmond, WA.

SpaceX was founded by Elon Musk, and is the first private space company to send astronauts into space.

The Starlink Program aims to provide high-speed internet to remote locations via a satellite network. The Hoh Tribe found themselves in a tough situation during COVID-19, not having the internet bandwidth access necessary for remote learning or telemedicine.

That’s where SpaceX stepped in and brought the Hoh Tribe into their Beta Testing program.

Watch the interview with Ashue below that he is able to actually conduct via online video conference thanks to SpaceX:

The Hoh Tribe took to Twitter to express their gratitude for being provided the access to Starlink Internet which changed their lives overnight.

Elon Musk responded back.

According to the Hoh Tribe, they were previously receiving, on average, less than 1MBPS download speed prior to being given access to Starlink.

The post SpaceX Provides Starlink Internet To Remote Native American Tribe appeared first on The Libertarian Republic.

Scientists in Japan are making significant progress towards bringing back the Woolly Mammoth.

Libertarians enjoy having conversations about owning Recreational McNukes, but for some of us, a Recreational McPachycephalosaurus is far more practical.

Who better to make such a dream a reality than Elon Musk? Musk has his name in a number of ventures such as Tesla, SpaceX, Hyperloop, and Neuralink. Is Elon an expert in every facet of these projects? Not even close. Musk however can do 4 critical things.

1) Gather the right people for a team who can innovate.

2) Bring down the cost of innovation.

3) Set benchmarks.

4) Meet benchmarks.

No, Musk has not even hinted at this idea as of yet. Sorry to get your hopes up. This is simply me begging.

From autonomous electric vehicles, to commercial space flight, to underground high-speed tunnel travel, to brain chip implants, Musk is quickly bringing the world into the future.

But let’s bring back a little of the past as well. Elon Musk, bring back the dinosaurs. An asteroid is a cheap shot if we’re talking survival of the fittest. Let’s give them another chance. Anyway, it’s 2020—so why not?

The post Could Elon Musk Resurrect The Dinosaurs? appeared first on The Libertarian Republic.

Someone who owns a single share of Tesla right now, valued around $1,500 per share, will instead hold 5 shares of Tesla worth about $300 per share. So it’s an even ratio and you’re not losing or making any new money.

But to put this into perspective, I purchased a share of Tesla for $299.96 back on October 24th of 2019. In less than a year, Tesla grew from $300 to $1500. But also note that rate of growth will be nowhere near as fast per share with the total market cap divided by five times the number of shares. 

But with five times the number of shares, if Tesla were to maintain its current growth, in 10 months time we would see the value of that $300 share increase to $540. That’s still incredibly good, and I certainly won’t be selling any of my new shares from the split. Especially since Elon has more steps yet to unlock in his compensation plan based on growth and performance, which I believe he can do.

Since Tesla has reported four consecutive quarterly profits now for the first time, Tesla is officially eligible to be added to the S&P 500 Index, and it’s speculated they will be.

I’m personally speculating that these events of the split and the S&P 500 inclusion are likely to be very close together. The combination of being in the S&P 500 and having a smaller share price due to the split will make Tesla a very attractive option for index, hedge and retirement funds.

If $300 is still a lot of money for you, but you don’t want to miss the boat, the free trading app Robinhood allows you to purchase Fractional Shares. You can purchase a fraction of the share, and piece by piece you can accumulate an entire share by investing what you can afford at any given time.

Robinhood even gives you a free random share of stock just for joining. You can sell that and put it towards your first Tesla fraction.

Click here to be redirected to your App Store and download Robinhood.

The information and views expressed are the author’s opinion. Please see a qualified financial advisor for investment advice.

The post Tesla Stock To Be Affordable Again After 5-for-1 Split appeared first on The Libertarian Republic.

Shelby Talcott 

SpaceX CEO Elon Musk unveiled updates to SpaceX’s Starship design Saturday evening and discussed what still needs to be done to make his highly-anticipated idea a reality.

Starship features a stainless steel outer body and is a prototype expected to launch during a test flight later in 2019. It is meant to carry up to 100 people into space at a time and will be able to return to Earth with a vertical landing. The spacecraft is intended for trips to the moon, Mars and more.

Intended to be reusable, it stands at around 165 feet, according to Musk. The 301 stainless steel body was chosen for the steel’s ability to withstand almost anything, and the material actually gets stronger when introduced to the elements of space.

“Stainless steel is easy to weld and resilient to the elements … you’re out there on the moon or Mars, you want something you can cut up and use for other things. Obviously, I’m in love with steel,” Musk said.

Starship will have three sea-level engines and three vacuum engines, which is “a great number,” Musk said. The spacecraft features a heat shield, which is made up of ceramic tiles. These are light, crack-resistant, reusable and low-maintenance, he said. The design consists of two parts: Starship, the passenger-carrying vehicle, and the Super Heavy rocket, which sits underneath.

Musk noted that the “critical breakthrough” needed to get into space frequently “is to make space travel like air travel.” Rapidly reusable rockets could make space travel easier, he believes, which is part of the Super Heavy rocket design SpaceX is developing. This is essentially a giant rocket meant to return to its launch site after propelling Starship into the sky, making it reusable as well as the spacecraft.

The presentation included a video of the rockets being tested. Musk also talked about the cost of propellent, which is lower because it’s mostly made up of oxygen, he explained.

“When this ascends, it’s really mostly liquid oxygen,” Musk said as he stood in front of the giant spacecraft prototype.

Musk’s intent is to be able to establish a city on the moon or Mars, which he believes could happen once space travel becomes as easily accessible as traveling within the confines of the Earth.

“There’s definitely a lot of science to be done,” Musk said Saturday. “It’s close, as well, so that will be quite exciting to do. And then, of course, we can go to other places in the solar system like Saturn. The critical thing we need to focus on is the fastest path to a self-sustaining city on Mars.”

The prototypes don’t include life support and control systems that would be necessary to launch passengers or astronauts into space, but are expected to be included in future Starship designs. Musk did not say exactly when Starship and the Super Heavy booster rockets would be finished.

“We also need things that make us excited to be alive … This space exploration is one of those things. We’re really right on the cusp of what’s physically possible.”

This article is republished with permission from the Daily Caller News Foundation.

The post Elon Musk Unveils Updates To Starship appeared first on The Libertarian Republic.

by Chris White [social_warfare]

NASA is ordering an investigation into SpaceX’s culture and commitment to safety after company CEO Elon Musk took a hit off a marijuana cigarette in September on a livestreamed podcast.

The agency’s review will look at both Boeing and SpaceX, both of which are responsible for transporting astronauts to the International Space Station. Officials will examine anything that would impact safety, The Washington Post reported, citing unnamed officials.

NASA’s move comes after top officials complained after Musk smoked weed on a Sept. 7 episode of “The Joe Rogan Experience” while attempting to explain why he sometimes gets caught in Twitter battles with his critics. His behavior during the podcast prompted the probe, officials told WaPo.

NASA Administrator Jim Bridenstine reiterated those concerns. He told reporters that the agency wants to reassure the public that transporting astronauts into space is safe.

“If I see something that’s inappropriate, the key concern to me is what is the culture that led to that inappropriateness and is NASA involved in that,” he said. “As an agency we’re not just leading ourselves, but our contractors, as well. We need to show the American public that when we put an astronaut on a rocket, they’ll be safe.”

Bridenstine added: “[C]ulture and leadership start at the top. Anything that would result in some questioning the culture of safety, we need to fix immediately.” SpaceX, meanwhile, reiterated its commitment to NASA’s mission, in a press statement Tuesday addressing the review.

The company, along with working for years with the agency, “actively promotes workplace safety, and we are confident that our comprehensive drug-free workforce and workplace programs exceed all applicable contractual requirements,” according to the statement.

The review will focus primarily on the number of hours employees log, drug policies, leadership and management styles, whether employees’ safety concerns are taken seriously, among other issues, William Gerstenmaier, NASA’s associate administrator for human exploration, told reporters. “Is the culture reflective of an environment that builds quality spacecraft,” he said.

Analysts and journalists excoriated Musk in August after he announced on Twitter his willingness to take Tesla private at $420 per share. Regulators also subpoenaed Tesla shortly after the announcement to determine how much the company’s board knew about Musk’s plan.

Musk settled an Securities and Exchange Commission claim in September related to the August tweet. But his problems with regulators are just beginning. FBI agents are now trying to determine if the company misled investors about the company’s business model going back to 2017.

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The Facebook pages for Tesla and SpaceX have been removed from Facebook. This isn’t a referendum on Elon Musk‘s space and automotive companies, but a referendum on Facebook.

The removal came following following Twitter user Brian Action calling on people to delete Facebook. Elon Musk replied, asking what Facebook was to mock the Social Media platform. A user reminded Musk that both Tesla and SpaceX had Facebook pages, which Musk promptly removed.

See the Twitter exchange below leading to the removal of the Facebook pages.

The post Tesla and SpaceX Removed From Facebook… by Elon Musk Himself appeared first on The Libertarian Republic.