PolitiQuote

Discover video-sourced quotes by politicians

Ted Cruz: “It made Elon Musk the world's first trillionaire.”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

Watch on YouTube

Elon is a Trillionaire, Capitalism is Extraordinary & Leftists Lose their Minds

Published | Video Starts at 02:34

Elon and SpaceX this week did their IPO, and it IPO'd at more than $2 trillion. Massive IPO. And the immediate result of it is It made Elon Musk the world's first trillionaire. Yep. Now, that is an extraordinary threshold to give you a sense of just how massive it is. I saw something on Twitter that is actually accurate, which is today, SpaceX is worth more than Canada. (02:34–02:40)

CLAIM

Asserts that Elon Musk became the world's first trillionaire due to SpaceX's IPO.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Ted Cruz

Discover more from

Ted Cruz

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.