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Musk was worth something like 200 billion when he bought Twitter. Now he's worth possibly 500.
He's looking at 100b per year growth with those numbers. Although he may have $1t payout in the near future.
To put that in perspective he has more money than all but 55 countries, soon to possibly be only 30 countries.
He may bitch about his company losing a contract... But the guy soon will have enough money to sink entire economies because our idiocy.
Its not possible to be ethical with that much money.
Globally, the median household income is $3k. If you have $500B, you would have to lose - every single day - the combined lifetime income of a household over 500 generations, just to break even at 5% interest. Thats further back in time than writing, the wheel, rice, potatoes or chicken.
Thats a level of being shielded from the consequences of your actions that can only ever produce evil.
The thing to remember is that the money there isn't actually cash. It's all just value based on the companies he owns shares in. If the share price plummets, so does his net worth. Several of those public companies are massive bubbles.
SpaceX is private, and thus much more obscured, but it also is apparently profitable while offering services cheaper than the competition, and that was before Starlink and its public sales and profitability. They actually have spearheaded things that other companies are now trying to copy to stay relevant. And yes, I know there are other smaller startups doing similar work, that's not really who SpaceX is competing with however, they're competing with the likes of Lockheed and Boeing.
It's the other companies like Twitter and Tesla that are propped up by speculation, bullshit, and repetitive lies without consequences from shareholders.
That doesn't really matter. He uses money to influence outcomes. After reaching a certain networth, you do that simply by having it. You move whole markets just by entering or exiting them. The fact that it's tied up in specific things only means he's influencing those specific things.
And he still has yet to produce anything of value. Let alone worth anywhere close to the amount of money that was invested or granted publically in his ventures.
The quote, “Why are you gay?”
Tells you everything you need to know about this manchild.
That and that he paid many women millions to get pregnant, he hasn't had a kid he didn't prepay for. Also worth knowing is that those women were stupid enough to do it.
No, no, Musk did have a child a few years ago when he was still somewhat less deranged. And then she (the child) disowned him (her dad)
also grimes started dating a transwoman, chelsea manning, infamous for releasing some army secrets. which also bruised his ego.
The dude is playing pay2play offspring. It would be sad if he weren't so despicable.
It's also kinda really fucked up from the kid's perspective. Listening to his daughter talk about how much it fucked with her that he did sex selective ivf, I can't imagine how much worse it will be for these kids to grow up knowing they were literally paid for to advance a billionaire's breeding ideology
oh and his breeding fetish, he only wants MALE children, no females.
It never ceases to amuse me that the tech bros want to dismantle the system that gives their wealth any meaning and any power and protects them from anyone tougher than them.
Zuck could probably out-MMA the first bodyguard who wanted to take a shot at the king when it all goes Mad Max, but the other oligarchs? Soft as pillows.
Zuck's bodyguards carry guns, so I dunno if he'll out-MMA a 9mm.
Completely agree with the sentiment. Stability and a flourishing society is totally in their best interests. They're just so goddamn greedy and living in such an unimaginably insular bubble of wealth, that they continue going after more personal profit at the expense of all around them.
"Let them eat cake".
My biggest question is why couldn't someone have sniped both of those assholes while they were on stage at the same time?
I still don't get why the billionaires think trump will always treat them like they're special, no matter what. Bezos, you're up next to see how trump is going to screw you over.
If you're buddies at the right time, he'll let you in on his plans that will move the market. He openly did it once before. Everyone with a nine figure networth or better would kill for that opportunity. Literally.
Because even paying off Trump for millions is a drop in the bucket when you have money like that.
If you have $1 Billion, a $5 Million "donation" as a tithe to the Orangutan, is 0.05% of your money. They're making that back before the end of the day.
A Billion is a massive amount of money, people just can't comprehend the difference from a million to a billion. The average human brain just hasn't evolved to comprehend numbers that large, it's just not useful in daily life.
The difference between a million dollars and a billion dollars; is about a billion dollars.
Perfectly written, thanks Mike.
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