• GalacticSushi@piefed.blahaj.zone
    link
    fedilink
    English
    arrow-up
    122
    ·
    13 days ago

    Nothing. If you were born in 1AD and earned 1,000,000 every single day without spending a single penny you still would not be a trillionaire today. He will never spend that wealth , he will use that money to get loans that he does not owe taxes on, using that money to acquire even more capital. He has stated his goal is 10 trillion. At no point along the way will he use his wealth or influence to directly improve any common person’s life. He is a cancer on our planet, on our economy, and on our civilization.

    • jballs@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      12
      ·
      13 days ago

      I hate that we’ve had to change this calculation from a billionaire to a trillionaire. Both are fucking disgusting numbers.

      Also, I swear to God if anyone mentions compound interest I’m gonna strap you to one of Elon’s exploding rockets.

  • flamingo_pinyata@sopuli.xyz
    link
    fedilink
    arrow-up
    45
    ·
    13 days ago

    He’s going to spend it paying top esports players to play games pretending to be him.
    Elon is finally going to be the champion in all videogames.

  • danc4498@lemmy.world
    link
    fedilink
    English
    arrow-up
    41
    ·
    13 days ago

    Money isn’t the endgame. It’s power. He wants to own the world and have all the people inside of it report to him.

  • BradleyUffner@lemmy.world
    link
    fedilink
    English
    arrow-up
    30
    ·
    edit-2
    13 days ago

    “Now what?” Is apparently helping to turn the United States in to Nazi Germany for “teh lolz”

  • Malyca@lemmy.zip
    link
    fedilink
    arrow-up
    17
    ·
    13 days ago

    He’s a parasite, he will continue to feed on us until nothing is left. Maybe kill some more kids for fun because it’s the only way he feels anything.

  • Zephyr@sh.itjust.works
    link
    fedilink
    arrow-up
    15
    arrow-down
    2
    ·
    13 days ago

    He is definitely not the first trillionair or the richest man. he is the first publicly recorded trillionair / richest man. Most keep the vast majority they have secret as fuck.

    Most of that money is in Tesla stock so not much can be done with it. Maybe take out 10% to 30% of its value as a loan from banks with the stock as collateral then mostly buy some shit that will ideally appreciate in value. It’s not liquid wealth so there isn’t much you can do with it. $1B liquid would be far more valuable than $1T in stock evaluations.

    • terranoid@lemmy.cafe
      link
      fedilink
      English
      arrow-up
      8
      ·
      13 days ago

      Yep. Musk might be rich but he’s not as influential as he tries to be. He’s actually kind of pathetic in that respect, gets eaten up by the media and looks like a complete tool.

      He tried so hard to be in the neo Nazi inner circle but he’s just a rich wannabe in every fucking regard.

      • Zephyr@sh.itjust.works
        link
        fedilink
        arrow-up
        8
        ·
        13 days ago

        Kinda unfortunate honestly. If he just chilled without getting into politics and just worked on electric cars, boring machines, battery factories, rockets, and satellite internet probably would be a much more beloved figure. The whole twitter and political involvement / rigging is definitely a downhill move.

        • rafoix@lemmy.zip
          cake
          link
          fedilink
          arrow-up
          9
          ·
          13 days ago

          He got into politics because he saw the balance sheets at the companies he’s running.

          His businesses desperately needed government backing and he saw an opportunity to buy himself into the most corrupt administration ever.

          • Zephyr@sh.itjust.works
            link
            fedilink
            arrow-up
            3
            ·
            13 days ago

            Probably accurate although the demand for electric vehicles and hybrids isn’t going anywhere and most definitely the demand for batteries isn’t going anywhere. Cheap boring and rockets are definitely more niche. Low earth orbit satellite internet has been massive in less developed countries with underdeveloped infrastructure. Maybe if we had something super valuable to mine on the moon or on an asteroid we lassoed into orbit. In short probably could have played the field like most tech companies do and been fine. Check out all the AI companies not going full alt right yet doing alright with massive operating costs to revenue.

  • EndOfLine@lemmy.world
    link
    fedilink
    English
    arrow-up
    12
    ·
    13 days ago

    It’s like asking a hoarder what they plan to do with all of those <insert item here>.

    It’s a mental illness but instead of recognizing it as such, calling it out and getting them treatment, society celebrates them and says they are doing everything that everybody else should strive for.

    • TubularTittyFrog@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      edit-2
      11 days ago

      because society is jealous. they wish they could be him.

      they aren’t jealous of a horder. they think that person is sad and gross.

      I have family member who have a net worth of over 50million, all they talk about is how poor they are, how they can’t afford anything, how everything is so unfair to them… etc. They believe they are struggling working-class people. They adore Elon and think he’s a genius and they wish they could be as rich as him and they think if they were all their ‘struggles’ would be solved… they especially love the idea of never paying any taxes, because they think taxes are theft from themselves to ‘waste’ on poor lazy piece of shit who refuse to ‘grow up’ and go get 250k/yr jobs.

      and there are lots and lots of rich people like my family who think the same way… and who think because they donate like a pittance of their money each year they are morally perfect human beings.

  • veni_vedi_veni@lemmy.world
    link
    fedilink
    arrow-up
    10
    ·
    12 days ago

    Umm actually, people keep saying he’s a trillionaire, that’s not technically true.

    He wasn’t even if SpaceX was at its peak valuation. It was unrealized, floating on an actual liquidity of like 100 billion.

  • OwOarchist@pawb.social
    link
    fedilink
    English
    arrow-up
    9
    ·
    13 days ago

    He’s going to use it for political influence to further his fucked-up Nazi ideals.

    And, of course, get more money. It’s never enough with these fuckers. They have a version of hoarding disorder. It’s always on to the next grift, more money, more money, more money, more money, number must go up!

    Until he’s the only free person in the world and absolutely everyone else is either dead or a slave owned by him, he’s not done.

  • DarkFuture@lemmy.world
    link
    fedilink
    English
    arrow-up
    6
    ·
    11 days ago

    He’ll probably just continue working to diminish democracy across the planet and leave a legacy of hate and ignorance instead of using his wealth to leave a positive legacy, which would be easy as fuck since he’d basically just be paying others to do good things in his name and taking the credit.

    Not a smart man.