If you want total control you need to take 100% of the risk. If you want to use other peoples money then you are gonna have a board. Typical elon wants to have his cake and eat it too.
All these dictators and authoritarians want to die on the throne.
The article doesn’t say what happens if his mental state worsens. Humans do get sick.
Or if he develops a crippling depenance on ketamine.
The lord vests fiefs and dispenses favor. Inferior people should not be employed. – Elmo Skum, probably
If e-lawn had a massive coronary and died, the world would still go on.
His companies would probably do better too.
They would stop taking absurd risks for sure, which would result is lower rewards but overall a bit better still. No more industry-changing projects though.
We actually don’t know if that would happen. for all we know they could replace him with RFK Jr and take 10x more risk than elon, which would mean even bigger rewards !!!
Damn, the same way Tesla reaches FSD next year, thanks Elon for saving the World one promise at a time! /$
I remember a rumor SpaceX actually employs handlers to distract Elon to keep him off causing problems.
I have a friend that works at SpaceX, and he’s told me that every time Elon is there it’s a bad day.
I heard there was a team that followed afterwards and corrected the things he meddled with
There’s always the guillotine option. The preferred option actually.
Ok, but use an electric one to save the planet.
You could throw them into a jumbo jet engine and it still would be a net negative carbon reduction
Strap him to the outside of the next rocket they launch.
I was trying to say it more cleverly, but I’ve got nothing: can we just put him under it?
That would be the preferred method of firing him.
Low and slow?
There’s nothing low and slow about cooking something under the main thrusters of a rocket capable of escaping earth’s gravity…
“250 for 8 hours?! I don’t have time for that. Let’s just do 15,000 for 2 seconds.”
I was just proposing a third alternative.
So if he died of a heart attack, SpaceX would just implode?
LMAO
Elon Musk is expendable. Punting him would likely improve all important metrics at SpaceX.
Yeah, he is 54. Which means that he has maybe two, three, or with good health care (that he can afford) four decades left on this planet. So if everything hinges on him without a successor, he’s doing something wrong.
He’s taking so much ketamine he pisses himself at the Whitehouse. Very likely he will Matthew Perry himself in a hot tub.
Punting him would likely improve all important metrics at SpaceX.
And Tesla.
And Tesla
And earth
>and solar systemOn second thought that dipshit ain’t going interplanetary, even if Mars was made of cocaine.
He might crash something on the Moon at some point.
He lies to the board just like he lies to everyone else, fascists don’t use language to convey meaning or share information, they use it as a weapon to manipulate and intimidate.
Punchable face of an apartheid beneficiary.
secret knowledge previously known only to long-dead aliens.
Ohhh… well… didn’t know he’s come that far already.
‘Lunatic’ is from Luna = the moon, right?
he doesn’t even know what happened on the Epstein island because he was a freak for them too
Only on the dark side of said moon 🌙
Shine on you crazy diamond…
🌈
-🔺<
Okay, so there’s going to be no dividends because it won’t be making profit, and the stock price is going to be manipulated by Musk, who’s already shown he’ll say weird shit on Twitter to drop Tesla’s price when he wants to buy some shares back. And on the other hand, the growth part of the equation is also predicated on him saying crazy shit on Twitter. He can’t be voted out either.
Crypto seems like a better fucking investment at this point. I hope his IPO fails, but everyone’s so hyped up on infinite growth in stocks that are already overvalued that there’s just way too much stupid money going around right now.
Yes, I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars, not pandering to someone’s bullshit quarterly earnings bonus!
That’s all well and good, but if you consider how rich he is, and how he has rich friends who probably share his ideals, it becomes fairly obvious that this is the rug pull of the century. Otherwise if he doesn’t want to be liable for making number go up, he could make sure that only people who agree with him own any stock rather than going public.
You lost us at crypto.
So as a summery investing in spaceX means
- No intention of a short or long term investment
- realistically no control over company choices regardless of share type.
The article is pretty accurate: if you buy in you are only there for the ride. Meaning hopefully you are there hoping he actually can produce what he claims he wants to do.
Name one single vision of Musk that he brought to fruition.
And don’t say Starlink or Tesla, those had no input from him.
The US government is throwing tax payer money at him so “the ride” is pretty sweet from where he’s sitting.
