Elon Musk‘s erratic posting on X, formerly Twitter, has come back to haunt him once again as a 22-year-old Jewish man pursues a defamation case over tweets in which the tech mogul baselessly suggested the recent college graduate was an undercover federal agent posing as a neo-Nazi during a street fight between far-right groups. Musk’s excruciating March 27 deposition in the matter, which a judge ordered released to the public over the objections of the CEO’s lawyer, reveals the extent to which he has continually sabotaged both himself and the social media platform he owns.
What right investments? He was born into money and failed into getting anything from his X.com (banking!) website which was bought out by PayPal long after he was fired. The only reason he got anything out of that at all was he’d kept the stocks around.
He “invested” in Tesla so that he could get a cool car (he royally fucked over the actual founders in the process).
Low cost space? Low cost space? Do you live on Mars or some shit? Every one of those “Rapid Unscheduled Disassembly” events cost over one Billion. That ain’t cheap buddy.
So why aren’t the other tens of thousands of people borned in comparable money not becoming as rich?
Yes, low cost compared to what NASA or Ariane, for exemple, had been doing until then.
most people born into wealth do not flaunt it like Musk or Trump do. They are the exception not the rule.
they do so because of ego. They NEED the attention. Meanwhile, most billionaires don’t go around publicly buying things like that. They do have investments similar, but they do so without appointing themselves as god emperor of the company.
The fact that Musk insists he must be the public face for any company he puts money into evidences extreme narcissism and the belief he is a genius.
Meanwhile. Other than seeing money and being a part time engineer for Space X. He doesn’t have any real direct success for actual labour / work he’s done. It’s his inherited money that seems to have done the bulk of work. Buying in to banking, buying into space x, buying into tesla, buying into X. All essentially ideas by other people who just needed seed money.
You’ve moved to points about flaunting, having an egocentric media presence, and the absence of personal engineering success. I think I agree with those, but those are different points. My point was about how he became that rich, compared to other people with similar parents money, if he is a complete idiot.
But you’re still wrong. Lots of people who inherited money grew their wealth, without the need to have their face in the media constantly.
the reason we see so much of Musk is because he purposely puts himself in the public. There are more billionaires than just Musk who have grown their wealth without you ever knowing their names. Arguably, there are far FAR more of these no-name billionaires than the Musk type.
https://finance.yahoo.com/news/25-richest-billionaires-inherited-fortunes-010158127.html
some examples.
As other’s have said, He has used his inheritance to create momentum and a cult of personality around himself, which has helped him make money despite being proven time and time again to be a business idiot.
So Far, He has been removed from Paypal by the board for bad leadership. He was removed from chairman of Tesla for illegal leadership and bad leadership. And all evidence has shown that he has also tanked the value of Twitter.
he has definitely convinced you through his cult of personality that he’s some business genius. Rather than just a loud asshole with lots of money to burn.
That’s still your point not mine, you’re arguing against a point I didn make. I even told you I agree with this one.
You’re using a straw man argument, I never said I consider him a business genius. Just reread what I said, there’s nothing else to over interpret about it to make it easier to shut down.