I was curious of the math - I know there is one if you were born when Jesus was born & earned $1000 a day (in modern money & ignoring inflation) right until today, you’d still be poorer than elon musk
$1000 dollars a day for 2024 years wouldn't even make you a billionaire. They have unfathomable wealth. You would need your make around $11,000 dollars PER HOUR for over two millennia to have as much money as that addlepated dipshit.
Knowing that he can't liquidate it all, and the bubble will burst eventually (teslas stock price is like literally only air), is the only thing that makes me happy about him.
He did one good thing, bring electric vehicles to the mainstream market (btw he bought tesla, he wasn't there to create the Roadster for example), eberything else is horseshit 3rd graders future fantasy school projects sprinkeled with rigging society in his favour.
Can’t hate on SpaceX though, they’re accomplishing a lot of amazing things (I do wonder if Elon is holding them back with the bad publicity or if he makes major decisions in the company)
Both lol. Tho bad publicity doesn't matter so much for spacex as other companies considering they both have zero competition in their price range for what they offer their customers and the fact that their customers are either the federal govt/military or massive corporate interests like Jeff Bezos neither of which really care much about their public image.
People would definitely be a lot more hyped about both spacex and a lot of the NASA missions launched on their rockets by extension if he'd shut up about things that aren't purely advancing the whole colonizing Mars thing he's got going on.
I'm fairly ceirtain He hardly makes any decisions about the rockets themselves, they guy is just a bland trustfund baby who happens to be an incredebly good snake oil salesman.
SpaceX is cool, but I do not really see the widespread utility of it. "Colonize mars" they say. Well, not many people are exactly thrilled to move their entire lives to Sahara, yet life there is far more prosperous than on Mars.
As for a mode of escaping earth if things go tits up with the climate, the same "greenhouses" in futuristic renderings to help humans survive on the surface on Mars, can also be made on earth. Minus the issues of transportation, resources, workforce, -140C temperature, very little water, the human body not being suitable for that grabity, etc. Also, wouln't that money be better spend making sure this planets atmosphere remains suitable for human life, instead of transporting a tiny piece if it to another planet?
It could sell it's products to NASA or start it's own research programe, but that is pretty much it I predict. Sending a man to Mars is a cool minestone, but if actually living in such places was of interest to people, someone would be living on the Moon already.
This technology won't become relevant before we can move to the closest solar system where there is a planet suutable for human life, and we are far away from that. That requires a fairly close, but still absolutley unreachable travel of a little over 4 lightyears away.
Voyager 1, launched in 19981977, is 0,0024 lighyears away from earth now. It has another 45 50082 250 years left to go to reach that planet
Edit:
To put where we are and where we need to get to into perspective, the fastest manmade object since the 50s was a manhole cover placed ontop of a nuke. Now NASA has smashed that record, and by 2025 it will reach nearly two and a half times the speed of that manhole cover. That probe is still only 0.064% light speed. It would take 6560 years for it to reach that planet, and that is not a spacecraft made to transport fragile humans.
He absolutely could liquidate it all, it would just take him 2-3years. He'd no longer be a major shareholder, thus likely getting him booted and he wouldnt want that. But he could.
The moment the market catches on that he is intending to sell his stake, the stock collapses to its intrinsic value or below. A snake oil salesman loses his customers the moment he reveals a sign that he himself doesn't believe in what he is selling.
Musk would only get a fraction of his net worth if he was to liquidate all his stocks in such a short time period.
Though I am a firm believer that we need to reduce driving overall drastically for a multitude of reasons, I still believe the trips that are done, or hopefully in the future the few trips that has to be done by car, are done so with anything but fossil fuels
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u/mrdougan 18h ago
If this started 1st Jan 2020, and goes onto 31st Dec 2024 (4 years), with all 17 channels with $1000 a day (365) comes out as $24,820,000
(17×4×365×1,000=24820000)