Tech guru Elon Musk just hit a major milestone by solidifying his status as the world’s first trillionaire. And naturally, leftists are in total meltdown mode.
The freak out started on Friday morning, shortly after Musk’s SpaceX began trading at $150 a share, a figure above its listing price of $135. According to Fox Business, “Combined with his holdings in electric vehicle maker Tesla, as well as other investments and assets, Musk’s net worth is now estimated at about $1.1 trillion.”
Musk’s major achievement was apparently too much for leftists. Across the interwebs, these emotionally fragile figures proceeded to throw temper tantrums at the Tesla founder’s business success.
The Globe and Mail contributor Chris Gay kicked off the pity party with a column titled, “SpaceX IPO makes Elon Musk the first trillionaire. Here’s how to properly hate him.” The outlet has since changed the headline to, “SpaceX is set to make Elon Musk the first trillionaire. Is that a bad look for capitalism?”
Sen. Elizabeth Warren, D-Mass., sent up a smoke signal of distress to her X followers. In lamenting Musk’s trillionaire status, she called for the implementation of a “wealth tax.”
Maine Democrat Graham Platner took a break from grappling with the many scandals plaguing his Senate campaign to weigh in on the matter. The Nazi-tatted candidate from a rich family wrote on X, “Elon Musk just became the world’s first trillionaire. Let’s make sure he’s also the last.”
Hair gel poster boy and California Gov. Gavin Newsom — who’s lived a “charmed life” of luxury and has an estimated net worth of $30 million — lashed out by claiming “The system is rigged.”
Rep. Pramila Jayapal, D-Wash., Obama henchman Jon Favreau, and others were among those to participate in the meltdown.
Some observers may say this is all as purely political. After all, Musk was a key figure in helping Trump’s 2024 White House bid and later spearheaded the administration’s DOGE initiative to root out waste and abuse in the federal government. He also took away a major leftist-backed censorship operation by purchasing Twitter (now X) and ensuring free speech for its users.
But there’s actually a more fundamental reason at play than just politics — one which Democrats will never admit to.
Leftists embrace a collectivist worldview in which individual success must be neutralized. Their entire political agenda demands that individuals be dependent on the state rather than being dependent on themselves.
It’s why the minute “the little guy” achieves a modicum of financial success, Democrats swoop in with demands to “tax the rich” and redistribute his wealth. They can’t have Americans thinking that achieving one’s dreams are possible with enough hard work and determination — qualities that contradict their worldview. Plus, they need the money to fund the government programs designed to trap Americans in a perpetual state of government dependency, a dynamic that further solidifies their power.
It’s important to note that this standard only applies to other people’s money. Left-wingers who supposedly back redistributing wealth, from washed-up actor Mark Ruffalo to Vermont Sen. Bernie Sanders, will moan about “the rich” all day long but never “redistribute” their own wealth.
But that’s the whole ballgame, isn’t it? There’s one set of rules for leftists, and a different set of rules for everyone else. It’s not hypocrisy; it’s hierarchy.
The left’s unbridled hatred for Musk certainly stems from his refusal to bow before their insane ideology. But it’s also based upon an animalistic instinct to oppose success at every turn and ensure a system in which only they have the power.
Shawn Fleetwood is a staff writer for The Federalist and a graduate of the University of Mary Washington. He is a co-recipient of the 2025 Dao Prize for Excellence in Investigative Journalism. His work has been featured in numerous outlets, including RealClearPolitics and RealClearHealth. Follow him on Twitter @ShawnFleetwood
