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Noted Elon-Hater Kasie Hunt Frets Elon’s SpaceX Wealth ‘A Sign of American Decline’
CNN’s Kasie Hunt is no fan of Elon Musk, and she wastes no opportunity to make that clear to viewers. As fill-in host on CNN’s State of the Union, she fretted whether Elon’s new net worth subsequent to the recent SpaceX IPO was “a sign of American decline.”
Watch as she teased the panel segment in those exact terms:
WATCH: Noted @elonmusk hater Kasie Hunt of CNN frets over whether his post-SpaceX IPO net worth is "a sign of American decline"
KASIE HUNT: Elon Musk just became the world’s first trillionaire so, of course, a sign of American ingenuity. But are we also experiencing American… pic.twitter.com/dmK7S7gJ3D
— Jorge Bonilla (@BonillaJL) June 15, 2026
KASIE HUNT: Elon Musk just became the world’s first trillionaire so, of course, a sign of American ingenuity. But are we also experiencing American decline? That’s next.
Her introduction to the panel segment was worse. Hunt questioned whether Elon’s new status is representative of a new Gilded Age, went straight to class warfare, and basically wishcast that Bernie Sanders now begin railing against trillionaires.
WATCH: CNN's Kasie Hunt frets that Elon Musk's newly added wealth is representative of a new Gilded Age, and calls on Bernie Sanders to now harangue trillionaires
ELIZABETH WARREN: Elon Musk is officially the world's first trillionaire. Think about that. We're living in a time… pic.twitter.com/ewSAmlva7H
— Jorge Bonilla (@BonillaJL) June 15, 2026
ELIZABETH WARREN: Elon Musk is officially the world's first trillionaire. Think about that. We're living in a time when more and more people are just hanging on by their fingernails to survive in this economy. And Elon Musk has more money and more wealth than anyone in human history.
(END VIDEO CLIP)
KASIE HUNT: Absolutely eye-popping amount of money, the world's first trillionaire.
The question that I keep coming back to is whether we in America are experiencing a second Gilded Age. The first one, of course, caused ultimately backlash that gave us the 40-hour workweek and a lot of our labor laws
You are seeing on many sides of the aisle the divide between someone like Elon Musk, who has a trillion dollars, versus half of Americans who don't have $1,000 to patch a hole if their car hits a pot hole and they got to take it to the shop.
What is the political ramification of this? I mean, I -- covering Bernie Sanders' campaign, Xochitl, he would rail against the millionaires and the billionaires, and now I guess he's going to have to add the trillionaires to the lineup, trillionaire, singular.
The panel libs’ arguments were best distilled to: Elon has too much money, and is unduly influencing our political process. Scott Jennings finally shut that nonsense down, exposing the hypocrisy of such arguments:
WATCH: @ScottJenningsKY exposes the hypocrisy of those who whine about Elon's wealth and activism while looking the other way as Soros, Hoffman, Singham et al do the same
SCOTT JENNINGS: What does Elon have to do with any of that? Are you saying because Elon Musk exists and is a… pic.twitter.com/m1FjpxLEcx
— Jorge Bonilla (@BonillaJL) June 15, 2026
SCOTT JENNINGS: What does Elon have to do with any of that? Are you saying because Elon Musk exists and is a wild success that that is somehow to the detriment of all the people you're mentioning?
Elon is creating an environment where entrepreneurship, where success, where building is celebrated. The only reason anybody's mad about this, let's just be honest, is because he supported Donald Trump for president.
If Elon Musk had never gotten involved in politics, had never supported Trump, he'd be getting ticker tape parades right now for building this amazing company and sending rockets into space. It's all political. And the people who should love Elon Musk are the ones who hate him, for that reason alone.
XOCHITL HINOJOSA: But do you agree that one person should have control of American policy? That's what influence is. That's what money does.
JENNINGS: He doesn't.
BRAD TODD: He doesn't.
HINOJOSA: He still -- he does.
TODD: He invests in races and loses. He's like anybody else who donates money, like Reid Hoffman, like George Soros. (CROSSTALK)
HINOJOSA: It's all about access to the United States.
(CROSSTALK)
JENNINGS: So you're mad that he supported a candidate who won.
HINOJOSA: No, I'm just telling you, it's all about access. And it's not about just Donald Trump. It is about there are races all across the country where he has access on policy, like in Texas, like in Texas.
(CROSSTALK)
JENNINGS: Yes. Call me when you're mad about Alex Soros. Call me when you're mad about Soros.
All of this, while predictable, was enabled by Hunt’s bad-faith frame. And it is to be expected when it comes to Elon Musk.
The Elitist Media now fall all over themselves to try to downplay Graham Platner’s many scandals. They outright hid the Nazi tattoo until it was impossible to continue to do so, and now downplay the Totenkopf tat as “a Nazi symbol.” This wasn’t the case when Elon told the crowd at Trump’s inaugural rally that his heart was with them.
Central to creating the Elon Nazi Salute Hoax: you guessed it.
CNN's Erin Burnett and Kasie Hunt omit @elonmusk saying "I'm giving you my heart" after greeting the crowd, failing the "smear @elonmusk as a Nazi without saying Nazi so as to avoid another defamation lawsuit" challenge pic.twitter.com/3Pd0mHO7DE
— Jorge Bonilla (@BonillaJL) January 20, 2025
Click “expand” to view the full transcript of the aforementioned segment as aired on CNN’s State of the Union on Sunday, June 14th, 2026:
(BEGIN VIDEO CLIP)
ELIZABETH WARREN: Elon Musk is officially the world's first trillionaire. Think about that. We're living in a time when more and more people are just hanging on by their fingernails to survive in this economy. And Elon Musk has more money and more wealth than anyone in human history.
(END VIDEO CLIP)
KASIE HUNT: Absolutely eye-popping amount of money, the world's first trillionaire.
The question that I keep coming back to is whether we in America are experiencing a second Gilded Age. The first one, of course, caused ultimately backlash that gave us the 40-hour workweek and a lot of our labor laws
You are seeing on many sides of the aisle the divide between someone like Elon Musk, who has a trillion dollars, versus half of Americans who don't have $1,000 to patch a hole if their car hits a pot hole and they got to take it to the shop.
What is the political ramification of this? I mean, I -- covering Bernie Sanders' campaign, Xochitl, he would rail against the millionaires and the billionaires, and now I guess he's going to have to add the trillionaires to the lineup, trillionaire, singular.
XOCHITL HINOJOSA: That's right. And our country is for innovation and success. I think where the big question is, is our economy working when we have just produced a trillionaire, but that there are 330 million people who are not there and falling further and further behind and with wages being stagnant?
And I think that is the big question. The other one is one of access. Elon Musk is someone who gives money to politicians, et cetera. Now you have someone that has even more access and more power to influence American policies because of the money that he has.
And I think that is what's extremely scary right now, is now he can give money to influence our election and also the policies that Congress put in place. And I think that is going to be a big problem in the next few years.
SCOTT JENNINGS: So I love this Elizabeth Warren video. So you have a multi-millionaire sitting in the back of a limo screeching about someone who has just a little bit more money. It's a joke.
HUNT: A little bit more money?
(CROSSTALK)
HUNT: A lot more money.
(CROSSTALK)
JAMAL SIMMONS: I take your point, but not a little bit.
(CROSSTALK)
JENNINGS: You believe that he has a trillion physical dollars?
HINOJOSA: His net worth is -- obviously.
(CROSSTALK)
HUNT: It is not liquid. That is correct, Scott. It's not liquid.
JENNINGS: And why is it not? Because he's building a company that employs thousands of people. And several thousand of them themselves have become millionaires.
BRAD TODD: You know what perplexes me about Elon Musk is, most liberals in America care about -- they say, about climate change more than almost anything.
Before Elon Musk introduced the Model S in Tesla of 2012, there had been 17,000 electric cars sold in a country of 300 million people. He literally invented the American electric car industry, as accepted by the customers.
He saved the space program. Most Democrats say they love science. It's crazy to me that he's become the whipping boy, when he has single- handedly accomplished so many things that Democrats...
(CROSSTALK)
HINOJOSA: I'm from Brownsville, Texas, where SpaceX is. He has trashed our beach and our community. And the city of Brownsville, Texas, I am telling you.
(CROSSTALK)
JENNINGS: We couldn't get a rocket in the air until SpaceX.
(CROSSTALK)
JENNINGS: He rescued the astronauts.
HINOJOSA: But I'm telling you, they are not picking up the materials at a beach where is -- that most people, lower income -- it is one of the poorest cities in the country.
And now they can't go and enjoy their beaches, because you know what he's doing? He is trashing them. So don't give me this about climate change or anything else when a city like Brownsville, Texas, is hurting.
SIMMONS: Yes. I'm not mad at anybody who makes money. This is America. People want to make money.
What I'm mad about is people who don't get to make money, right? There are so many people in America... (CROSSTALK)
HINOJOSA: But that's what I mean. It's like gas.
HUNT: Great for Elon Musk sending rockets to space, right? The American dream, fine.
SIMMONS: Yes.
HUNT: But the difference between where and how these people live versus the way most Americans are currently experiencing life is very different.
SIMMONS: Yes. And I think most Americans -- many of them celebrate Elon Musk making money. So they thought that was a very big deal. But, again, where I'm from in Detroit, Michigan, $40,000 household median income, that's not enough to really raise a family on. Women who are trying to raise money, 2 percent of women founders are the ones who get to raise money in the capital markets. Among black women, 0.34 percent of black women are raising money.
Donald Trump made more money in crypto last year than all black founders combined raised for their companies. That is the kind of thing I think we've got to change in this country so that everybody gets to participate in this great American renaissance that you guys keep talking about.
JENNINGS: What does Elon have to do with any of that? Are you saying because Elon Musk exists and is a wild success that that is somehow to the detriment of all the people you're mentioning?
Elon is creating an environment where entrepreneurship, where success, where building is celebrated. The only reason anybody's mad about this, let's just be honest, is because he supported Donald Trump for president.
If Elon Musk had never gotten involved in politics, had never supported Trump, he'd be getting ticker tape parades right now for building this amazing company and sending rockets into space. It's all political. And the people who should love Elon Musk are the ones who hate him, for that reason alone.
HINOJOSA: But do you agree that one person should have control of American policy? That's what influence is. That's what money does.
JENNINGS: He doesn't.
TODD: He doesn't.
HINOJOSA: He still -- he does.
TODD: He invests in races and loses. He's like anybody else who donates money, like Reid Hoffman, like George Soros. (CROSSTALK)
HINOJOSA: It's all about access to the United States.
(CROSSTALK)
JENNINGS: So you're mad that he supported a candidate who won.
HINOJOSA: No, I'm just telling you, it's all about access. And it's not about just Donald Trump. It is about there are races all across the country where he has access on policy, like in Texas, like in Texas.
(CROSSTALK)
JENNINGS: Yes. Call me when you're mad about Alex Soros. Call me when you're mad about Soros.
HUNT: All right, we clearly could go on for a while, but we're out of time.