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At midnight on February 6th, earlier this year, the doorbell to our apartment rang. The doorbell was followed by a pounding on the door. I answered the door and a security person in our building handed me his phone. It was my oldest daughter Eloise. She had found my 26-year-old daughter unconscious on the floor of her apartment and had called 911. The EMT team was already there, but they did not know what was wrong with Lucy or to which hospital they would take her. I threw on some clothes and jumped in an Uber heading east toward Brooklyn. (Lucy lived alone in Williamsburg.) On the way, I learned that they were taking her to Elmhurst, a City trauma hospital in Queens. I arrived about five minutes after the ambulance to join Eloise, Lucy’s mom, and a friend, and waited to learn what was wrong. After about 15 minutes, I asked a nurse where she was. I looked over his shoulder to his computer. Next to her name, it said “non-responsive.” I walked into the emergency room and wandered around looking for her until I found her unconscious on a gurney surrounded by several doctors and nurses. By about 2:30am with the results from a CAT scan, Lucy’s doctors had determined that she had a massive brain hemorrhage and would need an emergency hemicraniectomy to release the pressure on her brain and remove the blood from the hemorrhage. I called our wonderful friend and family doctor Eddie Fisher and explained what was going on. He woke up Josh Bederson, Chairman of Neurosurgery at Mount Sinai, to find out more about Zach Hickman, the neurosurgeon on call that night. Dr. Bederson said Hickman was an excellent surgeon, which was comforting as we had no choice. The surgery to save Lucy’s life began around 3:15am and finished around 5:30am. It was successful. The following day, I joined Lucy in an ambulance while she was being transferred to Mount Sinai on Madison Avenue. Later that day, we determined from Lucy’s Oura ring that her hemorrhage had occurred around 9am, which meant that more than 19 hours had passed from the time of the hemorrhage to the completion of the surgery to release the pressure on her brain (I only wish @ouraring had an alert for this kind of a medical event. Imagine it could call a family member if the wearer doesn’t cancel the alert). I later learned that the standard of care is not to do surgery to save a patient with a large brain bleed if more than five hours have passed since the hemorrhage. Even when the surgery is done, I was told that the likely outcome for the patient is a few months in a nursing home and death from pneumonia. When I met Lucy’s doctors, I did my best to inspire them: “Let’s see what can be accomplished if we give her the best care possible and we invest unlimited resources to restore her to life.” And I promised that whatever we learned we would make available to everyone. Dr. Chris Kellner, her neurosurgeon, and Dr. David Putrino, Director of Rehabilitation Innovation for the Mount Sinai Health System have led Lucy’s care team since that day. Words cannot describe the remarkable and compassionate care that she has received beginning with the EMT team and then from nurses, doctors, therapists, and the army of people who have worked to save her and return her to life. To this day, we have a daily Zoom where we discuss her progress and make adjustments to her care. While her care and oversight have been incredible, the learnings for the Mount Sinai team have also been elucidating and will assist in the care of many others. Lucy began in a bad place. She was in a coma for several weeks and then awoke not being able to breathe on her own, unable to walk, see or speak. Over the last six months, she has recovered her cognition – she understands everything including her circumstance – is able to walk a hundred or more steps at a time with assistance, is making progress with sounds, vowels and consonants and the beginnings of speech, but she remains unable to see. Each day, she makes a little progress, and daily progress compounds. Every day I tell her that she just needs to make a little progress and it won’t be long before she is back. We remain optimistic that Lucy will return to normal function. It will likely take years, but I believe it is only a matter of time, hard work, and technological progress, along with some, and perhaps a lot, of divine intervention. Many people have been praying for Lucy and we are incredibly grateful for the prayers and remarkable support she has received. Lucy’s friends have been with her every day since the beginning, and their presence and friendship have saved her life and helped to rebuild and maintain her spirit. And on a very positive note, Lucy’s challenge has brought together our entire modern family who have all been incredibly devoted to her care and recovery. Lucy's vision and other faculties may require some form of brain computer interface, work that is underway at Neuralink, Precision Neuroscience, Science, Synchron, Nudge, and other companies in the space. If you are going to have a devastating brain injury, now is the best time in history for that to happen. We are living in a world when you can be confident that the blind will soon see again. We are going to do everything we can to help make that happen, including by assisting existing companies in the space. With respect to our promise to make Lucy’s care available to others, we have made good progress. In May, a real estate colleague made me aware of a 93% vacant, brand new, 400,000 square foot Class A+ purpose-built biotech facility on West End Avenue between 65th and 66th Streets that missed the market and was available for sale. The Pershing Square Foundation acquired the building 60 days later. We also put under contract an adjoining 130,000 square foot building at 320 West 66th Street that is currently being used by Saturday Night Live for studio space. The building has 35-foot ceilings with massive column-free spaces that can be converted into superb rehabilitation facilities. We will close on the SNL building in December. We are also acquiring an adjoining vacant lot with additional air rights. With just the existing zoning rights, we can add a 150,000 square feet for a total of 680,000 square feet, a lab footprint larger than Rockefeller University, and that’s without including the potential for an upzoning that would allow for substantially more buildable area on the site’s 3.4 acres with spectacular views of the Hudson. Our goal is to build the world’s greatest brain research, rehabilitation, recovery, human optimization, and longevity institute. We have named it The Ackman Oxman Institute or the AOI for lack of a better name, but also to reinforce the point that Neri and I and our family are all-in on the mission. The AOI will be patient-centric. It will not be an academic research institute that produces lots of papers, a Nobel Prize winner or two, but little if any results for patients. We will be laser-focused on cures, treatments, devices, rehabilitation and exercise equipment, and targeted and basic research with a goal of massively accelerating the time from idea to innovation to production to helping a patient. While the AOI will be a non-profit, it will have highly commercial instincts. The AOI will have its own venture funding and will work to develop innovations to create companies that we will seed, assist, and spinout to ensure technologies, treatments, techniques, and drugs get to patients as promptly as possible. On one 3.4 acre campus in what is still the greatest city in the world, we will do neurosurgery, neuroscience, rehabilitation, nutrition, BCI and device development, human trials, hyperbaric oxygen treatments, and life extension programs, and we will mandate and incentivize collaboration among the teams with no silos, politics, bureaucracy, or any other constraint that is inconsistent with the mission. Mount Sinai will be an important partner and deservedly so, but it won’t be our only hospital or medical school partner as we don’t believe any institution has a monopoly on the best ideas or the best talent. We don’t believe in exclusive relationships because that is not in the best interest of patients. Five years ago, we considered launching a brain institute inspired by Neri’s mom who sadly died from Alzheimer’s. We couldn’t make the math work as the real estate was too expensive and we believed it would be too difficult to recruit the best talent from universities to our effort. Since then, the real estate became available at a 70% discount, universities became a much less attractive place to work due to politics outweighing meritocracy, protests that disrupt learning, the curse of antisemitism, and a decline in funding. Fortunately, during the same time, I made sufficient personal economic progress to make the AOI possible. The advance of AI in the last few years will also enable us to greatly accelerate our mission. AI still has a lot to learn about human intelligence and the brain, and the AOI should be at the forefront of the interplay between the brain and AI. Today, I am making a public filing disclosing a gift from Neri and me of ~$400 million or 10,000,000 shares of Pershing Square Inc. (PS) to the AOI. It is very early days for Pershing Square so these shares are intended to anchor the long-term work of the AOI as the shares compound over time while generating what we expect will be a growing stream of quarterly dividends to fund the Institute. We will also be announcing an additional gift of similar and potentially greater size which won’t be in the form of Pershing Square stock to provide the AOI with the short- and intermediate-term runway necessary to enable it to achieve its goal of becoming a self-sustaining institute, which reinvests all of its revenues, royalties, and the economic rewards of company formation to advance the fields of brain health and human longevity. Neri and I have chosen to anchor the funding of the AOI to maintain vision alignment and limit the need for the organization to focus on fundraising. We expect the AOI to be the best-resourced brain, rehab, recovery, and longevity institute in the world. We are grateful to have been able to form a board which includes Dean Kamen (our generation’s Thomas Edison), George Yancopoulus (CEO of Regeneron), James Rothman (Nobel Laureate), Bernardo Sabatini (neuroscientist), Chris Kellner (neurosurgeon), Olivia Flatto (CEO Pershing Square Foundation), Neri Oxman, and myself. We have recently identified a CEO who we expect to announce by October along with other key hires, and are beginning searches for a Chief Scientific Officer, a Chief AI/Technology Officer, a Chief Operating Officer, a Chief Financial Officer, and other key leadership roles. If you find what we are building compelling and want to be part of the leadership team that creates and builds the AOI from a standing start, please send an email to: search@aoiinst.org with a short note as to why you believe you can help. Please include your best three ideas for the AOI along with a summary of your background and your most important accomplishments. We promise strict confidentiality to those expressing interest in working with us. We have learned from Lucy that the brain can recover from even catastrophic injury. There is so much more work to be done as the mind is a terrible thing to waste. For details from my Pershing Square SEC filing see:
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Elon said what everyone's too scared to type. The media hates him because he broke their monopoly on truth. Keep crying — he's too busy building the future.
Some have questioned Elon's choice to invest heavily in Grok Imagine early (eg before coding models) It makes sense if you consider his love for the fundamental freedom of expression Hollywood and the streaming platforms have had a monopoly on production and distribution. They are, in all functional ways, a cultural propaganda engine. Every civilization needs one. But who owns it? Very soon, you will. You could say it was technically inevitable that AI video would get good enough to be enjoyable. But it only *felt* inevitable recently when I saw 1) the Spencer Pratt AI election ads which were actually funny and 2) the Sweet Land music video by @heavypulp which was actually poignant (enough so that I listened/watched 4x) AI images are already really good, but they aren't nearly as powerful. Movies are the most potent cultural propaganda tool of all time, but AI has sucked at them. Not anymore. Grok Imagine + a talented creator is now producing content good enough to enjoy without asterisks. The AI version of the Odyssey, no matter how long and expensive it is to produce, will be 3+ orders of magnitude (1000x) less expensive than Nolan's Which means that nearly everyone will be able to try. And based on this short clip, the output will actually be good. Frankly it doesn't even have to be perfect. As long as it is good, the damage to the existing power structure will be done. A solo creator with a vision will be able to singlehandedly put out work that is *actually enjoyable*, direct to the public, with literally no physical overhead. The cultural landscape will change really quickly. Individual people can express a vision in the most powerful medium yet discovered, unadulterated by tastemasters at the studios. We're at the rubicon, about to cross over. The propaganda engine will become distributed to the people, and the outcomes will be judged purely on resonance. This was Elon's point, in my opinion.
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.@tekbog and @basedjensen on why they think Anthropic's cyber risk argument against open source AI is actually just about monopoly: @tekbog: "I'm kind of skeptical. Yeah, they just want the market and the monopoly. They want everyone to be fearful and they're pumping their numbers. That's my personal opinion of course." "I think it's good that these models can be weaponized to some degree because a lot of cybersecurity is really bad. It's a very good wake up call to systems engineers to get your sh*t together." @basedjensen: "It's a double-edged kind of thing. Yes, there is some risks. But I think there's a bigger risk having a small group of people having access to this while the defenders do not have anything." "If the defenders can actually come in and scan the code and quickly patch things up, that would mitigate the risks much better than having Glasswing or a small Chinese set of companies accessing these cyber capabilities." "It's rather better to democratize and enable everybody than to hide the capabilities. At some point or the other, it's going to leak. It's better to be patched up and take the pain now than later."
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Elon Musk just said the one thing about America they made sure you’d never learn. The one thing that should’ve made you proud, not ashamed. Musk: “After World War 2, the US could have basically taken over the world and any country. Like we got nukes, nobody else got nukes. We don’t even have to lose soldiers. Which country do you want?” One nation held a weapon no civilization had ever possessed. Total monopoly on destruction. No rival. No consequence. No limit. Every empire in history that held that kind of power did the only thing empires know how to do. They took until there was nothing left to take. America had a greater advantage than all of them combined. And rebuilt the nations it just defeated. Musk: “The United States actually helped rebuild countries. So it helped rebuild Europe, it helped rebuild Japan. This is very unusual behavior, almost unprecedented.” Not almost unprecedented. It had never happened. Not once in 5,000 years of recorded civilization. The nation with the power to take everything chose to rebuild instead. Enemies became allies. Rubble became economies. Surrender became partnership. Germany went from ashes to the economic engine of Europe in a single generation. Japan went from unconditional surrender to the third largest economy on earth. Three years after the war, America was flying food into Berlin. Into the capital of the country that just tried to end the free world. That decision reshaped every economy, every alliance, and every trade route on the planet. Billions of people lifted out of poverty over the next half century trace back to one moment. One nation choosing restraint over domination. No other country in history can make that claim. Not one. Musk: “There’s always like, well America’s done bad things. Well of course America’s done bad things, but one needs to look at the whole track record.” Every nation on earth has blood in its history. But the measure of a nation was never its worst chapter. It’s what it does when nobody can stop it. When nobody could stop America, it fed its enemies and rebuilt their cities. You’re being told every day that this country is something to be ashamed of. By people who have no idea what the world looks like without it. Every free market. Every open border for trade. Every democracy that took root outside Europe stands in the shadow of that single decision. The values that built this country didn’t just shape America. They shaped the modern world. AI is about to hand a small number of people a power advantage that makes nuclear monopoly look primitive. 1945 was the first test. AI is the last. That power is going to exist. The only question left is who holds it. The most powerful thing America ever did wasn’t building the bomb. It was having the power to take everything and choosing not to. The people trying hardest to tear that story down have never built a single thing worth defending.
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Elon Musk just put a price tag on obedience. It costs $200,000. Musk: “You don’t need college to learn stuff. Everything is available basically for free. You can learn anything you want for free.” Every lecture. Every textbook. Every framework ever written. Free on any screen in any country right now. The entire knowledge monopoly collapsed in a decade. Nobody updated the price tag. Musk: “Colleges are basically for fun and to prove you can do your chores. But they’re not for learning.” Strip the ivy and the branding. What’s underneath is a four-year obedience trial. Can this person follow instructions on a schedule without asking why. Musk: “There is a value that colleges have, which is seeing whether somebody can work hard at something, including a bunch of annoying homework assignments, and still do their homework assignments.” That is the entire six-figure value proposition. Not what you know. Not what you can build. Whether you can be managed. The establishment doesn’t need you educated. It needs you domesticated. Musk: “If you’re trying to do something exceptional, you must have evidence of exceptional ability. I don’t consider going to college evidence of exceptional ability.” The system doesn’t produce exceptional. It produces manageable. It takes the most creative years of your life and teaches you to wait for instructions. That is not education. That is containment. Musk: “Gates is a pretty smart guy, he dropped out. Jobs is pretty smart, he dropped out. Larry Ellison, smart guy, he dropped out.” They didn’t leave because they couldn’t keep up. They left because the ceiling was underground. 8 billion people now carry the same library in their pocket. The one these institutions charged a lifetime of debt to access. The only product the university still sells is the belief that you need one.
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🚨 JUST IN: President Trump signs an order to STOP people from being arrested or targeted for FIXING THEIR VEHICLE, giving the “right to fix” Common sense! This also breaks up a California-based monopoly on 3rd party car parts certification, per Lee Zeldin 👏🏻 TRUMP: “It came to my attention because I noticed they were arresting people for fixing their car. They were arresting people for fixing it. That's not even believable!”
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Your kids are retarded while you pay higher taxes because Democrats bought the teachers unions as a permanent ally to stay in power. Jimmy Carter created the Department of Education just to lock in the NEA’s first ever presidential endorsement. That’s it. He just wanted their votes. Democrats protect the monopoly by killing real school choice, piling on federal mandates that bloat the bureaucracy, and pushing trillions through a system built to resist accountability. In return, the unions deliver the votes, ground game, and hundreds of millions in political spending with some 98% routinely going to Democrats. Democrats give taxpayer money to the unions and then the unions launder it back to the Democrats’ election campaigns. Taxpayer-funded Democratic party campaigns, basically. From 2000 to 2017, school district admin staff grew 75% while teachers grew just 8%. Non-teaching staff now make up nearly half the workforce. That explosion creates more dues paying jobs and political muscle while shielding the whole thing from competition. The alliance keeps the power. Unions and Democrats get the resources and the jobs. Your kids and your wallet get the bill. That is limited options and stagnant results. And the best thing is that the Republicans watched it happen for decades and did nothing.
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THIS is why legacy media attacks Elon Musk every single day. THIS is why they push fake news against him. THIS is why they brainwash people against him. THIS is why they keep using his name for clicks. MEDIA IS NO LONGER RELEVANT. 𝕏 HAS TAKEN OVER. Elon Musk destroyed their monopoly. The people chose truth.
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Legacy media is now pushing another narrative: “Virtually all of Elon Musk’s wealth came from government help.” This is completely false. Government contracts are not subsidies. SpaceX wins contracts because it offers the best product at the lowest price. NASA pays SpaceX for real launches, real cargo missions, and real astronaut transport, not charity. SpaceX is expected to get less than 5% of its revenue from NASA this year. Add up every government incentive Tesla and SpaceX have ever received, and it is still less than 2% of the value of Tesla and SpaceX. Tesla did not become the world’s most valuable car company because of tax credits. It became huge because it built better EVs, better software, better batteries, and the best charging network. And when the $7,500 EV tax credit was removed, Tesla sales increased. The real reason they’re obsessed with Elon Musk is that he exposed how irrelevant they have become. People no longer wait for newspaper editors, TV anchors, or corporate journalists to tell them the truth. Legacy media lost its monopoly on information. Now all they have left is clickbait, outrage, and anti-Elon narratives. And that’s exactly why the trust in media is at an all time low.
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