Not a scam IMO, I don’t think musk is that motivated by wealth but im sure plenty of the heavy hitter investors are. I’m sure he didn’t complain about the valuation however. I think SpaceX is a solid well run company (praise be to Gwen Shotwel) but $1T is a bit much. I’ll eventually buy in when things settle down and we have a few quarters of financial data to work with.
What you describe is exactly a scam: he somehow convinced you that he's not motivated by wealth! That alone is clearly a scam, the idea that Musk is not motivated by huge amounts of wealth and high valuations is just implausible considering g his behavior at every single turn.
I would much prefer Mr. Musk found a nice hobby like yachts or race horses instead of buying communication platforms, bulldozing regulations, and bribing officials with PAC money.
That said, he needs the wealth to keep the whole machine from falling over. One element might be stable but the rest is overstretched and about to go bankrupt at any minute. He is doing this to get back control of Tesla while also investing in AI and not exploding.
He is running forward falling and his wealth legs need to keep up or it all goes down hard (and takes a bunch of bagholders with)
So when they spend money to rent town area for marriage, it is a problem. When they spend money to actually do some work to make the world a better place, it is also a problem. The only good thing is donate money like bezos ex-wife and fuel the activists. Eff socialism.
A lot of people spent a LOT more money in every election for many candidates. Esp the democrats going over billions in 2020 (3B or something). Did you cry about electing Biden with 3B?
And if he spent only 300M and was able to elect president with it, more power to him. He must know something about efficiency as others spending so much more couldn't do it. Ridiculous points. I can bring them up too.
> A lot of people spent a LOT more money in every election for many candidates
And in this case the topic of discussion is how one specific individual spends their money - so Biden and Democrats and whatever other axe you have to grind is totally irrelevant.
IDK what the calculation is for rich people, but for middle class who had that many children by that many women I don't think the state would leave them anything to survive on other than maybe prior savings.
