When you think of Elon Musk, the image of a tech titan, the world's richest man, likely comes to mind. But here's a little-known fact: Elon Musk wasn't always living in the lap of luxury. Before the SpaceX rockets, Tesla cars, and solar panels, a young man was scraping by on just $1 a day. Yes, you read that right – one dollar. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. How do billionaires pay less in income tax than you? Tax deferring is their numbe
You assume he’d act rationally and invest in even more ridiculous wasted of money…
He’s not smart enough to keep a backup, because even if it’s just a million, he’ll think he can turn it into a billion.
As rich as he is, he’ll live another 40 years. More than enough time to burn all his money. Don’t forget everything is leveraged against each other, his money is built on stock prices, and he’s picking a fight with Brazil while using a shit ton of drugs
If Space X loses it’s governments contracts, literally everything would go up in smoke and he’d desperately try to make what he lost back.
A deat spiral isn’t implausible
SpaceX has enough of a lead over everyone else that I don’t think them simply being denied government contracts is feasible, in a too-big-to-fail way.
You’d see some kind of forced nationalisation or being strongarmed into selling to another defense contractor on national security grounds.
Elmo might choose some kind of “if I can’t have it, no one can” sabotage though.
And the damage he did would drastically reduce the price and likely cost a lot in lawyers.
That’s what I mean, he’ll always do the worst thing possible.
Hell piss away millions after billions and won’t stop till he has negative wealth.
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