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Top Economist Says Elon Musk Needs to 'Pay More Taxes,' Not Just Donate SpaceX Shares

A world-renowned economist said Monday that Elon Musk's pledge to donate a share of his company, SpaceX, to every American child is not nearly enough to redress the exploding wealth inequality that he personifies . Gabriel Zucman, a professor at the University of California, Berkeley and a leading inequality expert, wrote in a series of social media…

Sources (1)· Oct 20, 2:49 PM

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Common Dreams· Oct 20, 2:49 PMTop Economist Says Elon Musk Needs to 'Pay More Taxes,' Not Just Donate SpaceX Shares

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Trump Truth Social craters after huge Monday freefall: reportThe price of shares in Trump Media & Technology Group is in a race to the bottom with Donald Trump’s approval numbers. Shares in the company behind Truth Social fell more than 7.5% on Monday to an all-time low of $6.40 before closing at $6.43, the Daily Beast reported. The stock is down 29% over the past month. The previous record low came in June, when…

Raw Story19h agoWhole story →

'Vile' attack on Dem candidate poised to blow up in MAGA hopeful’s face: GOP strategistA controversial video in which the estranged mother of Democratic Ohio gubernatorial candidate Amy Acton tears into her own daughter is likely to backfire on Acton’s Republican opponent, one prominent GOP strategist warned. A video that spread on social media Tuesday features a woman identifying herself as Acton’s mother, who goes on to call her own…

Raw Story20h agoWhole story →

Democratic probes of Trump should deter grads from working for him, Slotkin saysWASHINGTON — Michigan U.S. Sen. Elissa Slotkin tangled online with conservatives angry over her remarks last week about holding Trump officials accountable for corruption and specifically her suggestion that such moves might dissuade young graduates from going to work for the administration. A clip of her remarks circulating on social media prompted some…

Hartford Courant20h agoWhole story →

Government Elissa Slotkin

‘Beneath the gutter’: Governor race gets ugly as long-estranged mom turns up in attack adOhio’s gubernatorial race took a nasty turn as an ad surfaced featuring the long-estranged mother of Democrat Amy Acton accusing her of lying about her background. The video, which began circulating on social media two weeks before the Nov. 3 election, features Donna Arthur urging Ohioans not to elect Acton, a physician tapped by GOP Gov. Mike DeWine to…

Raw Story22h agoWhole story →

Trump called the judge scrutinizing his golf course takeover a 'crazed lunatic'A federal judge scrutinized President Donald Trump’s plans to renovate a golf course in the capital, on the same day he called her a “crazed lunatic” on social media and said work on the project would begin “IMMEDIATELY!”

Spokane Spokesman-Review23h agoWhole story →

Since

WNBA players seen racing off the court before national anthem — and return right after it endsThe WNBA is not enforcing its own rules when it comes to "The Star-Spangled Banner." Fans noticed on Monday that for the second straight game, both teams in the WNBA finals fled the court before the national anthem was played. 'The anthem does not represent freedom, justice, and liberty for all Americans.' The WNBA finals between the Golden State…

The Blaze19h agoWhole story →

CNN Threatens New Legal Action Against Trump Over Media BanCNN is threatening to file another lawsuit against the Trump administration for continuing to deny it access to the Air Force One press pool. “These efforts to retaliate and discriminate against CNN based on the content of its news coverage are mistaken, counterproductive, and unlawful,” Ted Boutrous, the network’s outside counsel, wrote in a letter to…

The New Republic18h agoWhole story →

U.S. Senate race in Minnesota moves toward GOP in new Cook ratingThe Cook Political Report shifted its rating of Minnesota’s U.S. Senate race between Lt. Gov. Peggy Flanagan (D) and Republican Michele Tafoya, a former NFL broadcaster, toward Republicans.

The Washington Post17h agoWhole story →

Analyst For Newsmax — Yes, Newsmax — Gives Glowing Endorsement To Dem Hated By TrumpThe senior judicial analyst gave a no-holds-barred take on the conservative channel.

HuffPost17h agoWhole story →

Corporate Media Construct Conspiracy Theories About Trump Bringing Down Diesel PricesThe possibility that the agreement might deliver relief is just a side note for the media, because their real objective is insinuating that Trump is really serving Putin.

The Federalist14h agoWhole story →

Culture gas price debate

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One SpaceX Share Per Child: The New AI PR StrategyElon Musk’s SpaceX and AI giant Anthropic have said they will give billions of dollars in shares to the public as general sentiment around the technology’s economic and societal consequences continues to plummet. “Next year, I will give one of my SpaceX shares to every kid in America,” Musk posted on X on Monday. “This […]

Mother Jones18h agoWhole story →

Elon Musk makes huge promise to the children of AmericaElon Musk has just made a big promise to the children of America — and they can expect it as soon as next year. On Monday, Musk, the founder and CEO of SpaceX, announced that he will be giving away shares of his company to kids in the United States. 'You are an American treasure.' "Next year, I will give one of my SpaceX shares to every kid in America,"…

The Blaze2d agoWhole story →

Musk pledges 1 SpaceX share for every child in AmericaElon Musk said Monday he'd give one of his shares in SpaceX to every "kid" in America next year. Why it matters: It'd be a roughly $11 billion giveaway at current stock prices, nearly double Michael Dell's record-breaking Trump accounts gift. What they're saying: " Next year, I will give one of my SpaceX shares to every kid in America. This will be the…

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Elon Musk blames Trump, US military for SpaceX restrictions Ukraine warns could have deadly consequencesElon Musk's SpaceX imposed a new speed limit on Starshield satellite service that Ukraine says is disrupting drone intercepts and military operations.

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See what Elon Musk said about Louisiana and SpaceX plansElon Musk announced SpaceX's partnership with Louisiana in a video posted on X. Gov. Jeff Landry announced in Abbeville. Here’s what the tech trillionaire said.

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How Elon Musk Learned to Love Political Spending AgainThe SpaceX CEO has spent roughly $366 million in the 2026 U.S. midterm election cycle so far, $276 million of it since July.

Time8d agoWhole story →

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Elon Musk and Palmer Luckey's new Pentagon roles raise ethics worriesMusk's company, SpaceX, and Luckey's company Anduril, could potentially benefit from recommendations made in the study about future autonomous weapon systems.

NPR15d agoWhole story →

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Musk chose to restrict Ukraine's access to SpaceX network, sources sayA decision by Elon Musk led to restrictions on Ukraine's use of SpaceX's satellite communications network, people familiar with the matter told CBS News.

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Top Economist Says Elon Musk Needs to 'Pay More Taxes,' Not Just Donate SpaceX Shares – KnowGov