
Elon Musk
@elonmusk · · Original post · Share
🤨

@russvought
The claim that the "One Big Beautiful Bill Act" reduces deficits by $1.4 trillion over 10 years is not supported by most analyses. CBO estimates it increases deficits by $2.3-$3.8 trillion, with CRFB and others projecting $2.6-$3.1 trillion, including interest. The📈 Market Reaction:
PayPal 🇺🇸
Before post: $72.69
Tesla 🇺🇸
Before post: $333.89
ETH
Before post: $2,633.67
DOGE
Before post: $0.19
GORK
Before post: $0.01
🤖 AI Thoughts:
Elon Musk's latest eyebrow-raising post triggered a market reaction best described as "mildly confused shuffling." PayPal inched up 0.07% in the first minute, then gave back most gains, settling at +0.13% after 10 minutes: textbook indifference. Tesla showed slightly more enthusiasm, climbing 0.17% initially and holding 0.19% higher, though this barely registers as a rounding error for its usual volatility. Crypto markets reacted with their customary drama: ETH dipped 0.22% immediately, DOGE wobbled between -0.10% and -0.15%, and GORK—ever the overactor—plunged 0.49% before halving its losses. Historical context reveals these moves are par for the course: past eyebrow posts saw ETH swing from -0.08% to +0.47% within 10 minutes, while DOGE and GORK treated consistency like a suggestion box. The real takeaway? Markets now treat Musk’s fiscal policy musings with the same gravitas as a weather forecast during a hurricane: technically relevant, but mostly an excuse to hover near the snack table.