User avatar
By Crabcakes
#82005
This is what I don’t quite get. Musk isn’t like Bezos or Cuban - his wealth is quite precarious because there is no solid product behind it and no company is going to voluntarily take him on as a ceo now. Twitter makes no money. Tesla is not actually his, and is one cybertruck lawsuit away from shareholders suddenly going cold on him. Space X cut corners, and could easily lose astronauts or simply be overtaken by a competitor and rapidly become unviable.

As soon as Trump finds a less annoying cash cow, he’d be out. Or as soon as his wealth dissipates, he’d be out. And he’s not Murdoch - if his heart explodes from the high BP caused by ketamine abuse, he has no heirs.

Trump 2.0 is built on Musk’s house of cards.
User avatar
By Tubby Isaacs
#82040
Crabcakes wrote: Wed Jan 08, 2025 1:06 pm This is what I don’t quite get. Musk isn’t like Bezos or Cuban - his wealth is quite precarious because there is no solid product behind it and no company is going to voluntarily take him on as a ceo now. Twitter makes no money. Tesla is not actually his, and is one cybertruck lawsuit away from shareholders suddenly going cold on him. Space X cut corners, and could easily lose astronauts or simply be overtaken by a competitor and rapidly become unviable.

As soon as Trump finds a less annoying cash cow, he’d be out. Or as soon as his wealth dissipates, he’d be out. And he’s not Murdoch - if his heart explodes from the high BP caused by ketamine abuse, he has no heirs.

Trump 2.0 is built on Musk’s house of cards.
He's got (per Forbes) 12% of Tesla stock, and half of that is pledged as collateral on loans. Even if they all go bad, he's still incredibly rich, with enormous power through Twitter (for now at least). That'll be more than enough to keep doing what he's doing now on politics. CBS reported that he spent $277m backing Trump in this election.
By davidjay
#82324
mattomac wrote: Sat Jan 11, 2025 11:55 pm
Crabcakes wrote: Wed Jan 08, 2025 9:28 pm
Abernathy wrote: Wed Jan 08, 2025 5:43 pm I thought Musk was like Boris Johnson and had about a score of various offspring ?
Lots of kids, but no Mini-Musk groomed up to take Daddy’s place.
I believe at least two slag him off on social media.
Are they allowed on X?
User avatar
By Killer Whale
#82358
Staff at a refugee charity say colleagues have had "their lives threatened" after Elon Musk shared a post which suggested videos of girls were being used to "entice" migrants to the UK.

The Welsh Refugee Council (WRC) said staff and volunteers had been harassed online after a video, from 2023, was shared on the billionaire entrepreneur's social media site, X.

WRC said the video was made as a school project and shows a group of girls explaining why Wales is a welcoming country for refugees.
https://www.bbc.co.uk/news/articles/c78xdxzyxm2o
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