Elon Musk borrowed $500 million from SpaceX between 2018-2020 at interest rates of 1-3%, compared to typical bank rates around 5% — saving roughly $26 million on interest costs. The arrangement was possible only because SpaceX is private; the Sarbanes-Oxley Act prohibits public companies from making loans to executives. Reich uses this as an example of how the ultra-wealthy access financial privileges unavailable to ordinary people.