this post was submitted on 09 Jul 2023
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[–] [email protected] 51 points 1 year ago (3 children)

Perhaps he should just buy Meta.

[–] Ddhuud 34 points 1 year ago* (last edited 1 year ago)

And drive it to the ground like he's doing with Twitter? One can only hope.

[–] [email protected] 4 points 1 year ago
[–] [email protected] 3 points 1 year ago

I still want to see that MMA fight. And I don’t even watch that kind of shit.

[–] [email protected] 48 points 1 year ago (1 children)

This guy made his money from SLAVERY

[–] [email protected] 3 points 1 year ago (2 children)
[–] [email protected] 31 points 1 year ago (2 children)

I think they are either refering to child labor in cobalt mines, which was used for Tesla power elements, or to his father's emerald mines. There's no evidence of direct people-owning slavery in either case, still a lot of shady and immoral (and probably illegal) practices to earn money in both of them.

[–] galloog1 7 points 1 year ago

The entire premise behind this post is equally as out of context. China uses patents as blueprints. In Spacex, patenting things is counterproductive. In terms of US competition it is not.

The guy is still a dick and he does manipulate markets. I would also argue that he doesn't have a case here. All that being said, being misleading does not help you win folks to your side. I thought we were trying to leave this stuff behind on Reddit.

[–] [email protected] 1 points 1 year ago
[–] Viking_Hippie 13 points 1 year ago* (last edited 1 year ago) (9 children)

His parents owned an emerald mine during apartheid where the working conditions for miners (all black, of course) could accurately be described as slavery. He was literally walking around with emeralds in his pockets like some fucked up little prince.

Anyway, that's how he got his startup capital.

[–] [email protected] 9 points 1 year ago (1 children)

Billionaires being pieces of crap, what a surprise.

[–] Viking_Hippie 3 points 1 year ago

Yeah, almost as surprising as rain in Scotland or drought in the Sahara 🤷

[–] [email protected] 8 points 1 year ago

As some context during aparteid it was not uncommon for black South Africans to make 300 to 500 Rand a month. Yes, you are all reading that right. 15 to 35 USD a month.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago) (1 children)

This is a common misconception. His daddy loaned him a whopping 28 grand. Nothing mind blowing, and certainly not what you'd expect the heir of a freaking emerald mine to get their hands on.

Elon Musk got most of his capital early in his career from the sale of his first company, Zip2, which he co-founded with his brother Kimbal in 1995 using $28,000 borrowed from their father[1][6]. In 1999, Zip2 was sold to Compaq for $307 million, with Musk earning $22 million[1][6]. Musk then invested $10 million of his Zip2 proceeds into founding X.com, one of the first attempts at online banking, which later became PayPal[1]. After PayPal, Musk invested all of his proceeds into his new projects: SpaceX ($100 million), Tesla ($70 million), and SolarCity ($10 million) [1]. By 2008, he was almost penniless and living on $200 thousand monthly loans from his friends after a $20 million divorce[1]. However, his fortunes changed, and by 2017, his net worth had risen to $16 billion[1].

Citations: [1] https://www.toptal.com/finance/venture-capital-consultants/elon-musks-investments [2] https://time.com/6127754/elon-musk-net-worth-person-of-the-year/ [3] https://money.com/8-innovative-ways-elon-musk-made-money-before-he-was-a-billionaire/ [4] https://en.wikipedia.org/wiki/Elon_Musk [5] https://financebuzz.com/jobs-elon-musk-had-before-wealthy [6] https://www.sitebuilderreport.com/origin-stories/elon-musk>

[–] Viking_Hippie 6 points 1 year ago (1 children)

Source for the pivotal claim: another article. The source of that article: a Rolling Stone interview of Musk himself.

You can't trust malignant narcissists about themselves and their early lives, especially not ones like Musk who lies about the death of his own child

[–] [email protected] -1 points 1 year ago* (last edited 1 year ago) (1 children)

Okay, and the OP's source for Elon's success coming solely from daddy's money and nothing else is what?

Musk has publicly laid out that anybody can get rich writing software without much startup capital - which not only makes sense but by all accounts seems to be exactly what he did.

[–] Viking_Hippie 4 points 1 year ago (1 children)

Nobody said solely, but the source is daddy emeraldbucks himself.

Your hero isn't a genius. He's just a lucky narcissist with the money to buy succes and the shamelessness to constantly brag about how superior he thinks he is to everyone.

[–] [email protected] 0 points 1 year ago (1 children)

You're a fool if you think he's my hero

[–] Viking_Hippie 1 points 1 year ago

If you're not a fanboy, why are you going out of your way to run interference for him? Just like the taste of boots or are you one of those "billionaires get a bad rap" numbskulls?

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[–] Paralysah 40 points 1 year ago (1 children)

I mean there was even a Movie about how Zuck likes to get his business ideas from other people. Elmo should've watched it. Not that it hits the wrong person tho.

[–] [email protected] 32 points 1 year ago (1 children)

Elmo has his own way of doing things. He throws fat stacks at smart people to make great things, and then take credit by saying it was his idea. The reason Twitter is failing is because there's no smart guy to throw money at, so the only trick in his book doesn't work anymore.

[–] [email protected] 32 points 1 year ago

He worked hard to get rid of all smart guys who previously worked on Twitter. It was an astonishing move for someone who definitely has managed tech companies before.

[–] [email protected] 35 points 1 year ago (2 children)

Why does Musk look so much like disgraced former Doctor Andrew Wakefield?

[–] TheGoldenGod 23 points 1 year ago

Maybe they use the same plastic surgeon/hair plug guy?

[–] [email protected] 1 points 1 year ago

I can imagine Musk also paying children to be allowed to extract their bodily fluids at a birthday party, though Musk would be trying to steal their youth for himself rather than using it to sell snake oil.

[–] relevantnanana 25 points 1 year ago (2 children)

What doesn't make sense are the idiots who keep defending him, even though there is no discernable gain for them.

[–] [email protected] 21 points 1 year ago (2 children)

Sunk cost.

Surely their Tesla will drive itself, any day now.

[–] zikk_transport2 5 points 1 year ago

But but.....what about trip to Mars????? 😱😱😱😂

[–] relevantnanana 3 points 1 year ago

Next year (tm).

[–] Raphael -3 points 1 year ago

That's called Liberalism. You defend Musk because one day you might become a super billionaire too.

[–] [email protected] 21 points 1 year ago (1 children)

We shouldn’t give a single fuck of this things .

[–] joneskind 2 points 1 year ago (1 children)

You mean we should close our eyes on the dirty deeds of billionaires?

Feel free to live in a cave.

I won’t.

[–] [email protected] 3 points 1 year ago (1 children)

Not at all. But internet is overloaded with their shit. Is like watching the sun constantly and burning your eyes. Live goes far beyond of these creepers

[–] [email protected] 2 points 1 year ago (1 children)

I agree, sort of. But it's also important to inform others who haven't looked at the sun recently and still think of Elon as some sort of real life Iron Man capable of everything.

[–] [email protected] 2 points 1 year ago

Yep agree too

[–] [email protected] 15 points 1 year ago

This guy is so weak!

[–] [email protected] 14 points 1 year ago

Elone invented writing words on the internet. If you write words on the internet you owe Elone a royalty payment of $8 a month.

[–] [email protected] 10 points 1 year ago

Musk is a moron that's about as smart as any moron that's a moron that's been given vast sums for cash from their father's African emerald mine.

[–] [email protected] 8 points 1 year ago (1 children)

I call for a memorandum on Musk business ideas.

[–] [email protected] 13 points 1 year ago (1 children)

I call for calling that a moratorium.

[–] TheLobotomist 1 points 1 year ago
[–] [email protected] 4 points 1 year ago

PRAISE BE L. Ron Husk, the operatingest thetan!

[–] [email protected] 2 points 1 year ago

Mmm a Musky Meme.

[–] [email protected] 1 points 1 year ago

Who gives a shit?

[–] lemmyshmemmy -5 points 1 year ago

So tired of hearing about Musk.

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