this post was submitted on 23 Apr 2024
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This is what we get for conflating a persons talent and ability with their net worth
His only talent is convincing the wealthy to invest in his schemes. I don't understand how he does it, hearing him speak is painful.
He got lucky with Tesla becoming a meme stock.
SpaceX is being run by a competent engineer while its competitor, Blue Origin is being run by a megalomaniac. This is possibly Musks only competent move in business.
The rest of his ventures have been failures. To any one not blinded by greed, it's clear he long ago peaked. He's playing a shell game now but people will happily invest hoping luck will strike again.
Shows how completely broken the system is.