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Darin Feinstein

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@DarinFeinstein

Founder: Core Scientific $Corz (no current role), Feinsteinfamilyoffice.com, Father
Las Vegas darinfeinstein.com Joined December 2015
1.8K Following 24K Followers 1.5K Posts

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Darin Feinstein Verified account @DarinFeinstein
China vs USA - Next 5 years

China is scheduled to turn on 1.4 TW's of energy in the next 5 years greater than the entire American active power grid across all 50 states.

During this same 5 year period the USA is slated to turn on only 20% of what China is building (if permits hold).

This energy will power the next generation of AI and robotics, which is why this is the most critical infrastructure build in history of the USA.

If NPC activists succeed in blocking American energy and data centers, you’d better learn to outrun Chinese robots improving 100%+ every year.
el.cine Verified account @EHuanglu Aug 23
1 year progress of china's AI robot
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Darin Feinstein Verified account @DarinFeinstein
Real-world example of private industry vs. government bureaucracy.

Compare:

SpaceX founded in 2002:
$12B in capital invested VOLUNTARILY to transport humans, satellites and rockets into SPACE.

California High-Speed-Rail started in 2008:
$15B+ FORCED from taxpayers to build a high-speed rail system to transport only humans across the EARTH.

Results:

SpaceX spent $12B:
Revolutionized rockets, satellites, and space travel. Over 15,000 payloads launched into space, over 12,000 Starlink satellites deployed, over 99% success rate across Falcon launches.

California High-Speed-Rail spent $15B:
After 17 years, still has not transported a single passenger to any destination anywhere on the planet.

Consequences:

SpaceX - Success ✅
Goes public over $2T increases shareholder valuation thousands of percent and humanity benefits.

California High-Speed-Rail - Failure ❌
Taxpayers zero recourse to recover wasted $15B+. No politician held liable. No contractor accountable. All money is simply RIP.

If you were wondering why so much hate for Elon, career politicians pushing big government continuously humiliated by successful entrepreneurs. Musk produces with private funds the most sophisticated engineering marvels in human history. Government boondoggles create nothing, with no recourse.
Robert Sterling Verified account @RobertMSterling Jun 14
SpaceX raised only $12B of capital before going public. With that $12B, they revolutionized the rocket industry, built a global satellite network, and created arguably the most innovative company of all time.

The federal government spends $12B every 15 hours and still can’t get its shit together. Prior to SpaceX, NASA was sending astronauts into space on Soviet-era Russian Soyuz capsules.

So no, I don’t find Elon’s wealth to be a problem, and I wouldn’t trust Elizabeth Warren or Bernie Sanders to allocate a single dollar of it.
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