Elon Musk is taking a stand in favor of making child care more accessible. Earlier today he tweeted that he’s planning to increase childcare benefits in his companies. He also said that the Musk Foundation will help families directly. In another tweet, he replied to Sara Mauskopf, the CEO and co-founder of Winnie.
Winnie focuses on helping parents to find local daycares and preschools while also providing details on these schools such as photos, detailed descriptions of the programs, and tuition information.
Agreed, this needs to be addressed
— Elon Musk (@elonmusk) July 8, 2022
Sara Mauskopf’s thread started with an article by CNN that covered the surging child care costs that are forcing providers to raise their prices. As she continued her thread, Sara Mauskopf pointed out that there is record low labor force participation among women with young children who don’t have a college degree. She continued.
“So this is further exacerbating the problem because many of these women who would be taking jobs in the care economy are not participating in the labor market – hence why hiring is such a challenge right now for child care providers.”
She added a quote from a New York Times article, that highlighted the issue of a shortage of childcare and elder services that are preventing workers, especially women, from being able to work.
“For women, that’s the double whammy — most of those workers are women, and most of the people who need those supports to enter the workforce themselves are women.”
4/ And in 10 months we’re going to start seeing the impact of abortion bans on our strained child care system. Remember that we have no federal paid leave so as soon as these babies are born, we’ll have 📈 parents who need child care they can’t afford https://t.co/xSiQmUAhge
— Sara Mauskopf (@sm) July 8, 2022
She added that within the next ten months, we will start seeing the impact of abortion bans on the strained child care system.
“Remember that we have no federal paid leave so as soon as these babies are born, we’ll have 
parents who need child care they can’t afford.”
She then added that Elon Musk spoke about population collapse.
“I believe that if we want to encourage big families, we have to make child care more accessible. Elon, I’d love to talk more about how we make this a reality.”
To this, Elon Musk replied, “Agreed, this needs to be addressed.”
Addressing The Elephant Head On
This is what I've been saying for a while now: raising children for average people is very expensive. Our youngest (child #4 btw) is entering High School now. From oldest to youngest we've been paying for raising them from 1994 to at least 2026. 3+ decades is a lot of expenses
— DrKnowItAll (@DrKnowItAll16) July 8, 2022
One common criticism of Elon Musk’s stance on population is that people can’t afford to have kids. I’ve seen it, heard it, and I also agree with that–somewhat. I have spoken about my own thoughts and experience on this matter already. Several of my friends who do have children have highlighted this problem. Single parents have it more intensely than those who have a partner. This is why childcare services are so important.
Vox shared an interesting article as to why many in America don’t want to have kids in 2022. The infant formula shortage, the high cost of providing nutritious food, and taking care of the child are challenging problems. Especially for single parents with little or no support system. The US doesn’t have paid parental leave and the article noted that child care costs more than college in many states–if the parent can find a provider.
If we want women to work, we have to have a support system in place for their children. The article listed other problems such as school shootings, and the U.S. being ranked worst for maternal mortality in a group of 10 similarly wealthy countries. You can read the full article in Vox here.
Elon Musk Using His Influence To Address Some Of These Problems
Seeing Elon Musk use his influence on Twitter to address some of these problems today was refreshing. He is definitely worried about the population decline. And he advocates for having more children. It’s good to see him want to take on the problems that many Americans, especially single parents, have.
This is important and I think some good will come from this.
Elon Musk
SpaceX weighs Nasdaq listing as company explores early index entry: report
The company is reportedly seeking early inclusion in the Nasdaq-100 index.
Elon Musk’s SpaceX is reportedly leaning toward listing its shares on the Nasdaq for a potential initial public offering (IPO) that could become the largest in history.
As per a recent report, the company is reportedly seeking early inclusion in the Nasdaq-100 index. The update was reported by Reuters, citing people familiar with the matter.
According to the publication, SpaceX is considering Nasdaq as the venue for its eventual IPO, though the New York Stock Exchange is also competing for the listing. Neither exchange has reportedly been informed of a final decision.
Reuters has previously reported that SpaceX could pursue an IPO as early as June, though the company’s plans could still change.
One of the publication’s sources also suggested that SpaceX is targeting a valuation of about $1.75 trillion for its IPO. At that level, the company would rank among the largest publicly traded firms in the United States by market capitalization.
Nasdaq has proposed a rule change that could accelerate the inclusion of newly listed megacap companies into the Nasdaq-100 index.
Under the proposed “Fast Entry” rule, a newly listed company could qualify for the index in less than a month if its market capitalization ranks among the top 40 companies already included in the Nasdaq-100.
If SpaceX is successful in achieving its target valuation of $1.75 trillion, it would become the sixth-largest company by market value in the United States, at least based on recent share prices.
Newly listed companies typically have to wait up to a year before becoming eligible for major indexes such as the Nasdaq-100 or S&P 500.
Inclusion in a major index can significantly broaden a company’s shareholder base because many institutional investors purchase shares through index-tracking funds.
According to Reuters, Nasdaq’s proposed fast-track rule is partly intended to attract highly valued private companies such as SpaceX, OpenAI, and Anthropic to list on the exchange.
Elon Musk
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
The new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The Boring Company announced that its Prufrock-2 tunnel boring machine (TBM) has completed another Vegas Loop tunnel in Las Vegas. The company shared the update in a post on social media platform X.
According to The Boring Company’s post, the new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The new tunnel marks the fourth tunnel constructed near Westgate Las Vegas as the Vegas Loop network continues expanding across the city.
The Boring Company also noted that the new tunnel surpassed its previous internal record of 2.26 miles for a single Vegas Loop segment.
Construction of the tunnel involved moving roughly 68,000 cubic yards of dirt. The excavation process also used about 4.8 miles of continuous conveyor belt, powered by six motors totaling 825 horsepower.
The Boring Company’s Prufrock-series all-electric tunnel boring machines are designed to support the rapid expansion of company’s underground transportation projects, including the growing Vegas Loop network. Prufrock machines are designed for reusability, thanks in no small part to their capability to be deployed and retrieved easily through their “porposing” feature.
The Vegas Loop, specifically the Las Vegas Convention Center (LVCC) Loop segment, has already been used during major events. Most recently, the LVCC Loop supported the 2026 CONEXPO-CON/AGG construction trade show, which was held from March 3-7, 2026.
As per The Boring Company, the LVCC Loop transported roughly 82,000 passengers across the convention center campus during the event’s duration.
CONEXPO-CON/AGG is one of the largest construction trade shows in North America, drawing more than 140,000 construction professionals from 128 countries this year.
The LVCC Loop forms the initial segment of the broader Vegas Loop network, which remains under active development as The Boring Company continues building new tunnels throughout the city.
News
Tesla gathers Cybercab fleet in Gigafactory Texas
Images and video of the Cybercab fleet were shared by longtime Giga Texas observer Joe Tegtmeyer in posts on social media platform X.
Tesla appears to be assembling a growing number of Cybercabs at Gigafactory Texas as preparations continue for the vehicle’s mass production. Recent footage shared online has shown over 30 Cybercabs being transported by trucks or staged near testing areas at the facility.
The images and video were shared by longtime Giga Texas observer and drone operator Joe Tegtmeyer in posts on social media platform X.
Interestingly enough, Tegtmeyer noted that many of the Cybercabs being loaded onto transport trucks were still equipped with steering wheels. This suggests that the vehicles are likely testing units rather than the final driverless configuration expected for the company’s Robotaxi service.
The vehicles could potentially be headed to testing sites across the United States as Tesla prepares to expand its Robotaxi fleet.
Additional footage captured at Gigafactory Texas also showed the Cybercab’s side and rear camera washer system operating as vehicles were being loaded onto transport trucks.
The growing number of Cybercabs at Giga Texas comes amidst the company’s announcement that the first production Cybercab has been produced at the facility. Full Cybercab production is expected to begin in April.
The vehicle is expected to play a central role in Tesla’s Robotaxi ambitions as the company looks to expand autonomous ride-hailing operations beyond its early deployments using Model Y vehicles.
Tesla has also linked Cybercab production to its proposed Unboxed manufacturing process, which assembles large vehicle modules separately before integrating them. The approach is intended to reduce production costs and accelerate output.
Musk has also noted that the Cybercab’s ramp will likely begin slowly due to the number of new components and manufacturing steps involved. However, he stated that once the process matures, Cybercab production could scale quickly.
SpaceX weighs Nasdaq listing as company explores early index entry: report
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
