Elon Musk: Always A Douche

[Baron von Schtinkenbutt]

Try this

[crazy canuck]

Yeah, we talked about it here when he was signing people up to become the first travelers to Mars. 

[Zanza]

He has some room to escalate his stock pumping though. By 2030 or so, I expect the promise of a Dyson Sphere.

[Baron von Schtinkenbutt]

Plot twist: it will be a spherical robot vacuum manufactured by Dyson.

[Zanza]

To build the chips for his robo taxis, his humanoid robots and his AI data centers in space, Musk now wants to build the biggest chip factory in the world. He plans for 2 nm chips, the most advanced there are, and 1 million wafers per month, which would be about 2/3 of world market leader TSMC's global output from a single facility. Millions of Musk's humanoid robots will operate the facility.

Back in 2020 Musk promised a similar moonshot for batteries. So far, they reached about 2% of the then targeted capacity and still have significant quality issues.

 

[HVC]

He'll still raise billions because the market is a board game for bots and idiots.

[Zanza]

Apparently he gets billions in subsidies due to the Burden era CHIPS Act and a similar Texas law. Even if he never makes a single chip. Your tax dollar at work to pump the richest man in the world.

[Valmy]

Apparently he gets billions in subsidies due to the Burden era CHIPS Act and a similar Texas law. Even if he never makes a single chip. Your tax dollar at work to pump the richest man in the world.

Well yeah. That is one of the primary roles of our government: to funnel billions of dollars from tax payers to the richest people.

Elon sure as fuck didn't get rich providing products and services to consumers.

[crazy canuck]

Apparently he gets billions in subsidies due to the Burden era CHIPS Act and a similar Texas law. Even if he never makes a single chip. Your tax dollar at work to pump the richest man in the world.

Well yeah. That is one of the primary roles of our government: to funnel billions of dollars from tax payers to the richest people.

Elon sure as fuck didn't get rich providing products and services to consumers.

Imagine what would happen if there was 50 of him

[Savonarola]

Elon Musk becomes the world's first trillionaire with SpaceX's IPO

So... now he can leave of his children a billion dollars?

[Crazy_Ivan80]

it's pretty disgusting.

[The Minsky Moment]

The IPO raised $75 billion. The trillion + is an implied valuation based on the public per share trading price of the available public shares.  That doesn't mean there is a ready and willing buyer out there prepared to pay a trillion plus for Elon's shares.

[Norgy]

So, now he can channel more funds to European hard right parties and do some more election interference.

I think we've been too worried about Russian and Chinese interference, considering Musk has more wealth to squander on mini-Mussolinis, Verwoerds, Bothas, Ivan the Terribles and the rest than most intelligence agencies ever would have. And also a rather nefarious AI system.

[Savonarola]

it's pretty disgusting.

The trillion dollars or the thousand baby mommas? 

 

[Savonarola]

The IPO raised $75 billion. The trillion + is an implied valuation based on the public per share trading price of the available public shares.  That doesn't mean there is a ready and willing buyer out there prepared to pay a trillion plus for Elon's shares.

Musk tried to downplay the trillion dollars yesterday by saying that only .1% of his wealth is in cash... which is a billion dollars in cash.  He's down in the struggle like the rest of us.