Gavin Newsom and Media Outlet Tag Team for Two Wild Takes on Elon Becoming a Trillionaire

Elon Musk became a trillionaire through his companies, following SpaceX's initial public offering (IPO) on Friday.

That caused something of a freakout from people on the left, as we reported, including Sen. Bernie Sanders (I-VT), Sen. Elizabeth Warren (D-MA), and the Democrats' scandal-plagued nominee for the Senate in Maine, Graham Platner, with Platner actually saying, "Let's make sure he is the last."

Scary Stuff We Should Be Concerned About Beyond Platner's Tattoo

This was actually a Globe and Mail headline:

Opinion: SpaceX IPO makes Elon Musk the first trillionaire. Here’s how to properly hate him https://t.co/qAQVdquwCP
— The Globe and Mail (@globeandmail) June 11, 2026

After a backlash, they posted this saying their prior headline did not meet their editorial standards, although their post on X is still up.

The previous headline on this article did not meet The Globe’s editorial standard. It has been replaced.
— The Globe and Mail (@globeandmail) June 12, 2026

Then there was this winner from California Gov. Gavin Newsom.

This is not sustainable.

Plutarch warned us 2,000 years ago that the imbalance between rich and poor is the oldest and most fatal ailment of all republics.

We have got to democratize our economy so that it works for all. https://t.co/6APdjhw4NU
— Governor Gavin Newsom (@CAgovernor) June 12, 2026

This is not sustainable.
Plutarch warned us 2,000 years ago that the imbalance between rich and poor is the oldest and most fatal ailment of all republics.
We have got to democratize our economy so that it works for all.

First, it appears the quote from Plutarch may not be real, so that's typical Gavin.

But what does that even mean, "This is not sustainable," and "We have got to democratize our economy"?

Is it not sustainable to create successful companies and make a lot of money? We should hope it is, because that's a good thing, despite what the Democrats are pitching.

Elon is the opposite of these Democrats who urge us to hate him. He's contributed to the world greatly by what he has produced, rather than being a power-hungry government-sucking leech. He's also employed hundreds of thousands of people in the process.

Talk about making others rich. Even with this IPO, Elon has helped those who had shares in SpaceX and even made a lot of people who were employees rich through shares. That includes people like welders and engineers.

According to an analysis by Hill.com cited by The New York Times (1), more than 4,400 current and former SpaceX employees are likely to become millionaires when the company goes public on June 12.

How would Newsom "democratize the economy"? Because that sounds like some redistributionist Communist pap right there. The government doesn't have the right to dictate to us how much we can earn.

How many people has Gavin Newsom or any of those other Democrats made rich? They all have or came from money. If Gavin truly believes what he's saying, why doesn't he share some of his money to make things more "equitable"? Why doesn't Bernie give up one of his three homes?

But you know they wouldn't do that. All they want to do is preach class warfare as a hook for their own power.

Editor's Note: Do you enjoy RedState's conservative reporting that takes on the radical left and woke media? Support our work so that we can continue to bring you the truth.

Join RedState VIP and use promo code FIGHT to receive 60% off your membership.