The Elon Story, Episode 7: The Turnaround Christmas Eve 2008. Tesla's funding closed at 6pm. Elon Musk put in all the money he had left, and the company survived. The Roadster was already proving electric could be fast. In March 2009 Tesla unveiled the Model S prototype. On June 29, 2010 Tesla went public on Nasdaq, the first American car company IPO since Ford in 1956. That same year Falcon 9 reached orbit on its first flight, and on December 8 Dragon flew to space and came home. The first private spacecraft to orbit Earth and return. Comic made by my AI, Grok Bot.

THE STOCK MARKET IS COLLAPSING, HERE’S WHAT YOU SHOULD DO Thursday the Nasdaq had its worst day since 2020. Almost all of it was AI. The stock market is just the last place this showed up. The credit market saw it first. JPMorgan and MUFG have been stuck for six months trying to sell $38 billion of debt tied to Oracle data centers. Nobody will take it, because banks have hit their internal limits on AI exposure. Oracle's default insurance has more than doubled this year. CoreWeave's is pricing in serious trouble. OpenAI went out to raise $30 billion and reportedly came back with around $11 billion. Meta and Alphabet both posted negative free cash flow because of how much they're spending. When the money gets this hard to raise, the stocks reprice. That's all this is. Now the part most people get wrong. If you hate days like this, you're doing it all wrong. The best investors alive pray for days like today. It's the only time great companies go on sale. And if you're in your 20s or 30s, this is the best gift you could ask for. You have decades ahead of you. Every red day is a discount you'll never get again. Over the last 2 days I bought 2 new stocks and added to another. None of them are posted here. They're only in The Assembly, with my exact entries. In a few months people will be asking where these were when they were cheap. Members already know… If you’re serious about investing and you actually care about your future, join The Assembly from my bio.

The future of finance is private. 🔒 Yesterday, @joaovbgomes joined the Money Legos event hosted by @PodsFinance to share what we’re building at @Haven_Hn_ and why privacy matters more than ever. As stablecoins and blockchain become part of everyday finance, privacy remains one of the biggest missing pieces for mass adoption. For Brazilians, financial privacy isn’t just a nice-to-have. It’s essential. We’re building a future where people can enjoy the freedom of onchain finance without exposing their entire financial lives. The future of finance is here. And it will be private.

The heists this year have been shocking, and the money is taken to bad places to fund bad things. It's time to reexamine the tech vs narrative balance. Hopefully, with MULTI/DEX, ICP can demonstrate a better way forward through open source services that run 100% from the network.

The scariest Social Security headline isn’t the whole story. Where the money comes from matters as much as how much is left in reserve. Had you heard this one? For more myths busted, head to our profile. Read more:

The money companies lose on deleted data mostly comes from missed opportunity, and @Seagate CEO Dave Mosley told @PatrickMoorhead that he expects that to push the industry away from offline cold storage. His POV: as exabytes grow, nearline becomes the preferred place to keep data. $STX

the sad truth is half of these dommes arent even dominant and do this just for the money. youd be better off being a sugar baby to a hot 47 yr old. leave the findom to goddesses who actually like to drain and use men