Elon Musk: Always A Douche

[HVC]

Problem with using social media to guage pulses is you'll get the impression that everyone has arrhythmia, rather then just the fringes and extremes that use it to voice their opinions most often and loudest. 

Well and if using say Instagram, that everyone else is a model and perpetually on vacation.

Or a hooker

[crazy canuck]

Also the American right has shown itself to be morally and intellectually bankrupt so not sure said absence is a negative.

It's a negative because echo chambers blind you to political reality.  It's so much easier to overreach when you're part of groupthink.

I reject the assumption in your statement.  The absence of the idiotic right does not an echo chamber make.

[Grey Fox]

Fucking Elmo. Someone should Luigi is exploitative ass.

[HVC]

Fucking Elmo. Someone should Luigi is exploitative ass.

What'd he do this time?

[Grey Fox]

Interfering in our political system by calling Trudeau an idiot.

[crazy canuck]

Well, Trudeau was being an idiot. For some reason he decided now was the right time to say in a public speech that the election of Trump was a bad thing.  Now that is objectively true. But just last week Trudeau had diner with the man to suck up to him. And now he does this. Trudeau is truly an idiot.

[Syt]

https://finance.yahoo.com/news/elon-musk-rich-makes-jeff-181900479.html

Elon Musk is so rich he makes Jeff Bezos and Mark Zuckerberg look poor

Elon Musk was already the richest person on the planet. Now, thanks to Tesla, xAI, and SpaceX's surging valuations, he's worth more than $400 billion, according to Bloomberg News's calculations.

Specifically, he's worth $439.2 billion.

For reference, the next richest men alive are Amazon (AMZN) founder and Blue Origin owner Jeff Bezos, Meta (META) CEO Mark Zuckerberg, and Oracle (ORCL) Chief Technology Officer Larry Ellison, according to the Bloomberg Billionaire Index. They're worth, respectively, $244 billion, $219 billion, and $197 billion. Musk is also at least as wealthy as Mansa Musa, the emperor of the West African Mali Empire and previous record holder of richest man to ever live, who historians estimate was worth around $400 billion, according to the BBC.

The impetus for Musk's latest surge in wealth is SpaceX's newfound value of $350 billion, which makes it the most valuable startup in the world. On Wednesday, SpaceX and its investors agreed to buy $1.25 billion of shares from employees and company insiders.

"What's really crazy about this is that almost no investors wanted to sell shares even at a $350B valuation! SpaceX reduced the amount of shares it bought back from employees in order to allow some new investors in," Musk wrote on his X Wednesday.

Besides SpaceX, Musk is the CEO of Tesla and owner of X. Corp. His other companies include artificial intelligence startup xAI, brain chip firm Neuralink, and tunneling firm The Boring Company.

xAI, recently raised $6 billion at a $50 billion valuation less than two years after he founded it. That's also more than double its valuation in May, when it was valued at $24 billion at a value of $6 billion from backers like Andreessen Horowitz and Saudi Arabian investor Prince Alwaleed bin Talal.

Musk owns more than 13% of Tesla shares, which have surged since President-elect Donald Trump won the presidential election in November. The stock climbed to a new record of $415 per share on Wednesday, narrowly surpassing its prior record for intraday trading of $414.50 per share on Nov. 4, 2021.

In recent weeks, investors have been excited by Trump's potential actions that could aid the automaker, including streamlining autonomous vehicle regulations and ending the $7,500 consumer tax credits for electric vehicles. Musk has said that ending those credits will hurt Tesla's rivals more than it damages his company, although analysts expect some downside in the short term.

Several analysts have also raised their price targets for the stock in recent days as they look to catch up with the stock surge, often pointing to Tesla's plans for driverless vehicles and humanoid robots.

[Syt]

[HVC]

Woo hoo Portugal! 

[garbon]

https://finance.yahoo.com/news/elon-musk-rich-makes-jeff-181900479.html

Elon Musk is so rich he makes Jeff Bezos and Mark Zuckerberg look poor

Elon Musk was already the richest person on the planet. Now, thanks to Tesla, xAI, and SpaceX's surging valuations, he's worth more than $400 billion, according to Bloomberg News's calculations.

Specifically, he's worth $439.2 billion.

For reference, the next richest men alive are Amazon (AMZN) founder and Blue Origin owner Jeff Bezos, Meta (META) CEO Mark Zuckerberg, and Oracle (ORCL) Chief Technology Officer Larry Ellison, according to the Bloomberg Billionaire Index. They're worth, respectively, $244 billion, $219 billion, and $197 billion. Musk is also at least as wealthy as Mansa Musa, the emperor of the West African Mali Empire and previous record holder of richest man to ever live, who historians estimate was worth around $400 billion, according to the BBC.

The impetus for Musk's latest surge in wealth is SpaceX's newfound value of $350 billion, which makes it the most valuable startup in the world. On Wednesday, SpaceX and its investors agreed to buy $1.25 billion of shares from employees and company insiders.

"What's really crazy about this is that almost no investors wanted to sell shares even at a $350B valuation! SpaceX reduced the amount of shares it bought back from employees in order to allow some new investors in," Musk wrote on his X Wednesday.

Besides SpaceX, Musk is the CEO of Tesla and owner of X. Corp. His other companies include artificial intelligence startup xAI, brain chip firm Neuralink, and tunneling firm The Boring Company.

xAI, recently raised $6 billion at a $50 billion valuation less than two years after he founded it. That's also more than double its valuation in May, when it was valued at $24 billion at a value of $6 billion from backers like Andreessen Horowitz and Saudi Arabian investor Prince Alwaleed bin Talal.

Musk owns more than 13% of Tesla shares, which have surged since President-elect Donald Trump won the presidential election in November. The stock climbed to a new record of $415 per share on Wednesday, narrowly surpassing its prior record for intraday trading of $414.50 per share on Nov. 4, 2021.

In recent weeks, investors have been excited by Trump's potential actions that could aid the automaker, including streamlining autonomous vehicle regulations and ending the $7,500 consumer tax credits for electric vehicles. Musk has said that ending those credits will hurt Tesla's rivals more than it damages his company, although analysts expect some downside in the short term.

Several analysts have also raised their price targets for the stock in recent days as they look to catch up with the stock surge, often pointing to Tesla's plans for driverless vehicles and humanoid robots.

No, that headline is decidedly not true.

[Josquius]

Tesla = the tulips of our day?
It's got to pop soon. Surely.
People have been saying for years...

[Sheilbh]

Well, Trudeau was being an idiot. For some reason he decided now was the right time to say in a public speech that the election of Trump was a bad thing.  Now that is objectively true. But just last week Trudeau had diner with the man to suck up to him. And now he does this. Trudeau is truly an idiot.

It's weird. The diplomacy and trying to work with Trump is the job of Western leaders - whether it's Trudeau, Macron or Starmer. Flatter him and try to keep him on side - not terribly dignified, but that's reality.

I don't think you can ride that horse while also taking sides publicly. It also just seems pretty lacking in self-awareness to frame that around progress and electing a woman leader when, to my knowledge, his party has never had a woman leader (and he's the son of a former Prime Minister). It feels like someone in that position should maybe wind their neck in.

[crazy canuck]

Well, Trudeau was being an idiot. For some reason he decided now was the right time to say in a public speech that the election of Trump was a bad thing.  Now that is objectively true. But just last week Trudeau had diner with the man to suck up to him. And now he does this. Trudeau is truly an idiot.

It's weird. The diplomacy and trying to work with Trump is the job of Western leaders - whether it's Trudeau, Macron or Starmer. Flatter him and try to keep him on side - not terribly dignified, but that's reality.

I don't think you can ride that horse while also taking sides publicly. It also just seems pretty lacking in self-awareness to frame that around progress and electing a woman leader when, to my knowledge, his party has never had a woman leader (and he's the son of a former Prime Minister). It feels like someone in that position should maybe wind their neck in.

I agree with everything you said with one exception. It's not weird for Trudeau to have done that.  Trudeau is the poster child for lacking self-awareness.

[Grey Fox]

Well, Trudeau was being an idiot. For some reason he decided now was the right time to say in a public speech that the election of Trump was a bad thing.  Now that is objectively true. But just last week Trudeau had diner with the man to suck up to him. And now he does this. Trudeau is truly an idiot.

It's weird. The diplomacy and trying to work with Trump is the job of Western leaders - whether it's Trudeau, Macron or Starmer. Flatter him and try to keep him on side - not terribly dignified, but that's reality.

Is it the only strategy? Trump loves his strongman that projects force and is uncompromising. While, I don't think JT can really go back and forth between the 2 personas, he's a forceful guy. Once had a boxing match vs a Conservative Senator and won easily.

[crazy canuck]

Yes, I think it's pretty clear that making Trump feel good about himself is the best strategy.