Can anybody tell me why Elon Musk has so much money?

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By Monderegal
27 Jul 2022 10:12 am in No Holds Barred Political Forum
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31st Arrival
27 Jul 2022 3:29 pm
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Xavier_Onassis » 27 Jul 2022, 3:27 pm » wrote: I suggest that the Wikipedia article on Elon Musk would be more complete and more accurate regarding how Musk managed to make so much money.
PayPal is surely profitable.
So are credit card companies charging over 2.15% a month on unpaid month balances even more for cash advances. Kind of why I pay off every month and collect the 1.5% cashback on purchases.

Notice the credit card company isn't losing money?
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Monderegal
27 Jul 2022 3:52 pm
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Xavier_Onassis » 27 Jul 2022, 3:27 pm » wrote: I suggest that the Wikipedia article on Elon Musk would be more complete and more accurate regarding how Musk managed to make so much money.
PayPal is surely profitable.

PayPal didn't make him the richest man on Earth if you just follow logic on that.
Nothing is easier than defending the status quo.
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lapsedmember
28 Jul 2022 7:31 am
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The Musks owned an emerald mine. They got out of business when scientist figured out how to make them cheeper than digging them up. An emerald is an impure safire. That window that the lasers shine through at the checkout counter is a safire. 
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*Beekeeper
28 Jul 2022 7:35 am
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Monderegal » 27 Jul 2022, 10:12 am » wrote: Elon Musk has the largest net worth in the world. How can he be richer than Jeff Bezos? Shouldn't there be more revenue from Amazon? I spend at least 100 dollars a month on the site and I don't even have a decent amount of money. Tesla is also six times a valuable in market cap than GM and Ford combined. Who owns a Tesla? I might have seen three in the past decade. Can anyone enlighten me? Where is all this investment coming from?
Tesla isn't where he is making his money.

Space-X is his #1 profit center as he figured out how to LEVERAGE GOVERNMENT to pay for everything he ever created- including Tesla. He got over 6 BILLION from the US Government just to produce Tesla's. AND he gets BILLIONS a year from them to shoot the space station jockies into space too. NOT to mention what he charges to put satellites into orbit as well.

 
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31st Arrival
28 Jul 2022 7:59 am
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Beekeeper » 28 Jul 2022, 7:35 am » wrote: Tesla isn't where he is making his money.

Space-X is his #1 profit center as he figured out how to LEVERAGE GOVERNMENT to pay for everything he ever created- including Tesla. He got over 6 BILLION from the US Government just to produce Tesla's. AND he gets BILLIONS a year from them to shoot the space station jockies into space too. NOT to mention what he charges to put satellites into orbit as well.

 
care to see an 8 cornered free market governed by 6 degrees of intellectual divide and conquer your own species inside out?

guess which of the two is psychological class warfare playing event horizons against the results within their own event horizon?
https://i.postimg.cc/FRHMp2RC/Picture-173.jpg
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Xavier_Onassis
28 Jul 2022 8:19 am
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care to see an 8 cornered free market governed by 6 degrees of intellectual divide and conquer your own species inside out?
Why would anyone care to see that?
Have you conquered your own species inside out, sole?


guess which of the two is psychological class warfare playing event horizons against the results within their own event horizon?
I have serious theological problems with class warfare between event horizons.
Doesn't everyone?

 
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31st Arrival
28 Jul 2022 8:29 am
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Xavier_Onassis » 28 Jul 2022, 8:19 am » wrote: care to see an 8 cornered free market governed by 6 degrees of intellectual divide and conquer your own species inside out?
Why would anyone care to see that?
Have you conquered your own species inside out, sole?


guess which of the two is psychological class warfare playing event horizons against the results within their own event horizon?
I have serious theological problems with class warfare between event horizons.
Doesn't everyone?

 
intellectually yes, I have. George W. Bush game me the idea how when in a news clip he said "In order to fix a reality, one has to tear it completely apart.".

Context governs reality, genetics regulate the lifetimes occupying space now.
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Xavier_Onassis
28 Jul 2022 8:50 am
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omh » 28 Jul 2022, 8:29 am » wrote: intellectually yes, I have. George W. Bush game me the idea how when in a news clip he said "In order to fix a reality, one has to tear it completely apart.".

Context governs reality, genetics regulate the lifetimes occupying space now.
Just how much space is your lifetime occupying now, sole?
The reality is that lifetimes occupy TIME, not space.
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Xavier_Onassis
28 Jul 2022 8:52 am
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Xavier_Onassis » 28 Jul 2022, 8:50 am » wrote: Just how much space is your lifetime occupying now, sole?
The reality is that lifetimes occupy TIME, not space.
After a reality exists, how do you tear it apart?
Can  this actually be  done by simplistic origami and crayolas?
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31st Arrival
28 Jul 2022 8:54 am
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Xavier_Onassis » 28 Jul 2022, 8:50 am » wrote: Just how much space is your lifetime occupying now, sole?
The reality is that lifetimes occupy TIME, not space.
Inside my skin as always. Now socially, it is my home on a small property where I leave everyone around alone, until they start devaluing what I earned to fit into their many realities demanding a piece of my time.
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Monderegal
28 Jul 2022 9:07 am
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Beekeeper » 28 Jul 2022, 7:35 am » wrote: Tesla isn't where he is making his money.

Space-X is his #1 profit center as he figured out how to LEVERAGE GOVERNMENT to pay for everything he ever created- including Tesla. He got over 6 BILLION from the US Government just to produce Tesla's. AND he gets BILLIONS a year from them to shoot the space station jockies into space too. NOT to mention what he charges to put satellites into orbit as well.

If you look at the market cap for Tesla and SpaceX Tesla is worth much more than SpaceX. I'm not sure exactly but I think the green credits is where he is making his money. That or investors are putting too much faith in Tesla.
From what I hear, Tesla was also the most shorted stock in the world for a period. This meant that investors were betting the price would go down. You do this by borrowing a stock and paying for it later. You could do some internet searches but I think that the government isn't paying him directly for his automobiles.
Elon Musk does do those reusable rockets for the government. NASA just figured at some point to leave some of the rocket work into the private sector. NASA assumed that the for profit apparatus would be cheaper. That is why there is a SpaceX.
Nothing is easier than defending the status quo.
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31st Arrival
28 Jul 2022 9:10 am
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Monderegal » 28 Jul 2022, 9:07 am » wrote: If you look at the market cap for Tesla and SpaceX Tesla is worth much more than SpaceX. I'm not sure exactly but I think the green credits is where he is making his money. That or investors are putting too much faith in Tesla.
From what I hear, Tesla was also the most shorted stock in the world for a period. This meant that investors were betting the price would go down. You do this by borrowing a stock and paying for it later. You could do some internet searches but I think that the government isn't paying him directly for his automobiles.
Elon Musk does do those reusable rockets for the government. NASA just figured at some point to leave some of the rocket work into the private sector. NASA assumed that the for profit apparatus would be cheaper. That is why there is a SpaceX.
you really cannot grasp a whole total sum connected directly and indirectly to everything else taking place in series parallel existence.
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Xavier_Onassis
28 Jul 2022 9:15 am
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omh » 28 Jul 2022, 8:54 am » wrote: Inside my skin as always. Now socially, it is my home on a small property where I leave everyone around alone, until they start devaluing what I earned to fit into their many realities demanding a piece of my time.
Sounds like they let you spend your life typing gibberish until they conclude that you are a useless eater and tell you to mow the grass, rake the leaves, clean the gutters and take out the trash.
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31st Arrival
28 Jul 2022 9:17 am
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Xavier_Onassis » 28 Jul 2022, 9:15 am » wrote: Sounds like they let you spend your life typing gibberish until they conclude that you are a useless eater and tell you to mow the grass, rake the leaves, clean the gutters and take out the trash.
What separates sounds like and actually takes place? Mob rules vs ancestral progression in plain sight working like nothing people's opinions say is true.
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Xavier_Onassis
28 Jul 2022 9:18 am
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you really cannot grasp a whole total sum connected directly and indirectly to everything else taking place in series parallel existence.


Tell us your techniques for grasping sums.  If they are fractions., do you grasp them by the numerators or the denominators? Are gloves needed?
What is your existence parallel to?  Do you, perchance, have an Evil Twin?
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31st Arrival
28 Jul 2022 9:21 am
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Xavier_Onassis » 28 Jul 2022, 9:18 am » wrote: you really cannot grasp a whole total sum connected directly and indirectly to everything else taking place in series parallel existence.


Tell us your techniques for grasping sums.  If they are fractions., do you grasp them by the numerators or the denominators? Are gloves needed?
What is your existence parallel to?  Do you, perchance, have an Evil Twin?
simple compounding series parallel events specifically working now between the entire global population of this species as individually displaced in genetic sequence of everything evolving now.

That word "exponential" whole is equal to total sum of its active parts.

Please keep existentializing real into separate intellectual theaters of doubt realities some more.
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peepee
28 Jul 2022 10:02 am
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FOS » 27 Jul 2022, 12:13 pm » wrote: i dont actually care, but it seems to me that you have a warped view of how people make money in this country.

i myself have made a lot of money from basically nothing. our system supports that.
...fostard julian, ghettoboy ricky, and bubble-head TB7 are astute businessmen:

https://www.youtube.com/watch?v=tJHmssV8wpM
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Xavier_Onassis
28 Jul 2022 10:24 am
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Monderegal » 28 Jul 2022, 9:07 am » wrote: If you look at the market cap for Tesla and SpaceX Tesla is worth much more than SpaceX. I'm not sure exactly but I think the green credits is where he is making his money. That or investors are putting too much faith in Tesla.
From what I hear, Tesla was also the most shorted stock in the world for a period. This meant that investors were betting the price would go down. You do this by borrowing a stock and paying for it later. You could do some internet searches but I think that the government isn't paying him directly for his automobiles.
Elon Musk does do those reusable rockets for the government. NASA just figured at some point to leave some of the rocket work into the private sector. NASA assumed that the for profit apparatus would be cheaper. That is why there is a SpaceX.
Tesla makes cars. Americans LOVE cars.  They may love spaceships as well, but almost no one plans to own a spaceship.  The Price/Earnings of many companies vary hugely, because speculators are  betting on the future and innovation.

By the way, you cannot buy Spacex stock, unless you are a corporation. Tesla, you can buy.
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Monderegal
28 Jul 2022 10:28 am
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Xavier_Onassis » 28 Jul 2022, 10:24 am » wrote: Tesla makes cars. Americans LOVE cars.  They may love spaceships as well, but almost no one plans to own a spaceship.  The Price/Earnings of many companies vary hugely, because speculators are  betting on the future and innovation.

By the way, you cannot buy Spacex stock, unless you are a corporation. Tesla, you can buy.

I didn't know that SpaceX never had an IPO. They might in the future but I guess the company is closed for buying on the market.
Nothing is easier than defending the status quo.
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