/biz/ — Why's he a trillionaire when his companies barely make money?

>>62361452 (OP)
People rightly see him as a visionary for the future of humanity with the ability to actually do the stuf he foresees.

on the negative side much of what he envisions is distopian

and the first person to pioneer a technology is often NOT the person who gets rich off it

but you have to start somewhere, and he certainly does stuff other companies can't.

companies do not have to be profitable for people to speculate on them performing well in the future, and it helps when everyone said every company would go to zero but instead became some of the most valuable assets by marketcap in the world because they provided goods and services people wanted

>>62361459
>rightly
He hasn't even done anything, period.

>>62361471
>He hasn't even done anything, period.
he's made more progress in electric vehicles, private space industry, bionics, robotics, and ai than anyone from the previous couple million years.

And pretending he didn't do it because he paid other people is ignoring the fact that millions of people could have paid other people to invent stuff and didn't.

>>62361452 (OP)
Because investing, as suggest by the name is about speculating on future performance. And a company that reliably goes to space has a potentially bright future. Now stop making threads and go read an ai summary of basic investing concepts you midwit reddit faggot.

>>62361452 (OP)
>companies do not have to be profitable for people to speculate on them performing well in the future, and it helps when everyone said every company would go to zero but instead became some of the most valuable assets by marketcap in the world because they provided goods and services people wanted
But it is now the future, and they are performing poorly, the BYD makes superior electric vehicles, now with Sodium batteries that charge in minutes and don't pose a fire risk. The only thing Tesla has going for it is Countries like America, and Germany not allowing Chinese vehicles for import.

>>62361499
turns out nobody likes chinkshit and betting against the US economy gets you annihilated, who knew?

>>62361459
>>62361481
these are bots

stop asking questions

File: 11113.png (1.22 MB, 1672x941)

keep seething

>>62361515
ive noticed every single post starting with
>turns out
and
>its almost like
are always the gayest most reddit tier gorilla nigger retard takes

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>>62361539

>>62361452 (OP)
>Musk
>Profit
fat bullshitting moneysink, is what Musk is
>BlaBlaBla, Jam Next Week/Year/Decade, f'real folks!
fat addict arsehole.

I will be the first quadrillionaire, and have sex with much beautiful white pussy. I will be happy and loved.

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He’s a trillionaire because he’s a high iq Hebrew genius and you’re a mindless automaton. The secret to wealth is within you my friend. Look inward and the Dilks method will sooth you my financially deprived friend.

>>62361932
Yes you shall my Hindu friend

>>62361452 (OP)
Because he is the GOAT scammer

Because he sold a tiny tiny portion of his company to a cult like fanbase that was willing to spend millions on it
Belle Delphine is technically a trillionaire too since she has an unlimited supply of bath water

>>62361452 (OP)
Because we live in the influence economy and his companies are cool as shit.

>>62361966
So you concede that he is the GOAT scammer and likely scams Jeet scammers out of money whenever they call his phone.

>>62361983
Absofuckinglutely dude
I genuinely do admire Elon but not for the reason his fans do, his actual body of work- Fooling investors- is a talent level I've never seen

>>62361989
I think that's why he loves Saars so much. He just relates to them, scammer to scammer.

>>62361542
Warren Buffett: owns companies that provide goods and services people actually buy.
Elon Musk: tells retards he's going to Mars and he assumes this shit that's never going happen, is worth trillions in discounted future earnings. Meanwhile his actual IRL companies don't even make any money after being around for 20 years.

He is a scammer and you are his paypig. Congratulations.

>>62361499
>But it is now the future, and they are performing poorly, the BYD makes superior electric vehicles,
Yeah that's another thing. His EV company has been defeated by China. What happens when China starts a space company. Will his paypigs still keep bidding up his unprofitable companies for no reason, or will they become China fans instead?

>>62361478
the space industry was flailing on its last shitdick before spacex came into the picture. i hate him and his companies, but that much is true. he invigorated people and showed them that private space flight was not only possible, but that it could attract even government contracts. as for tesla, he put electric cars on the global market at a bigger scale than ever and shifted public attitude towards them. you have to understand the cultural context his companies came out of.

>>62361966
>Belle Delphine is technically a trillionaire too since she has an unlimited supply of bath water
now, this is analology

>>62361515
If you live outside of the US, you can see with your own eyes the meteoric rise of Chinese vehicles.

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>>62361452 (OP)
The greater fool game.
One day the bubble will not just pop it'll burst.

>>62361452 (OP)
people don't want to buy shit that makes their lives marginally better

a better toaster or a nicer laptop or an AI chat tool is not meaningfully changing people's lives

you know what does? a dream for a future where we are on mars and doing cool space shit

>>62362395
>a dream for a future where we are on mars and doing cool space shit
That's literally nothing. I have a plan to get us to Andromeda galaxy. Give me $10T right now.

>>62362428
I mean, if you had big ass space craft and thousands of engineers and a plan, maybe yea you could get $10T. But you don't.

>>62362436
>I mean, if you had big ass space craft and thousands of engineers and a plan, maybe yea you could get $10T. But you don't.
He doesn't have enough of that stuff to get a man to mars ether, yet still he gets a trillion for owning the least profitable large cap tech stocks in America.

>>62362441
you can read the OP in my thread here: >>62362383
spaceX in their own documents aren't saying they believe in space exploration
that's just the story they are selling the the goys and retail investors

spaceX plans to make its money on building data centers, just like anthropic, oracle, openai, google, literally every other tech company right now
and again, to be clear, I agree with you this is stupid and this bubble will eventually pop. or maybe it won't. the dotcom bubble never really popped, the market just kept growing and software really was that valuable.

anyways. the stories Musk tells about space exploration are mainly marketing to get dumb people and X followers excited, he has already realized he can't deliver on that goal. the big picture for spaceX doesn't involve space exploration at all.

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>>62362449
>the dotcom bubble never really popped
Get a load of this baggie.

>>62361452 (OP)
Go back to rebbit, faggot.

>>62361478
>He
He doesn't do shit in his companies

He's ran a very good public relations campaign the last few decades. He made sure that his name was associated with his products. Tesla is synonymous with Elon Musk

>>62361452 (OP)
Guy I'm stuck in e13 figure hell and people are making fun of me online. What do?

>>62362449
maybe the data center angle is just what they are selling to the institutional investors, and they really do believe in space exploration?

>>62361478
>robotics
he hasn't sold a single robot

>>62362068
he received massive subsidies the entire time in tesla
That's not his doing. Politicians wanted EVs no matter if he produced them or someone else did
They were already was creating a car before he joined Tesla

>>62361452 (OP)
Of all the famous billionaires, Musk's companies are the only truly innovative ones. Like many of us, I don't like his liberalism or his transhumanism, but it's undeniable that the "hype" that fuels his investments is based on the significant chance that he can pull of what he says. Afterall everyone wrote off starlink and autonomous cars.

I do find it irritating how people can't talk about him or spacex in good faith. They hide behind investment language they don't understand when the truth is that they hate him and his companies because the media told them to. The regime media has had it in for him ever since he bought twitter since they had a near total monopoly on information before that point. You're seeing just how much they hate the situation by the fact that the UK grooming gang discussion in parliament was hijacked by deranged leftists into a 2 minute hate against Musk.
These same people never have a bad word to say about George Soros for example, a truly hideous "person" who has done nothing except harm humanity and steal money.

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>>62361452 (OP)
Now that he's a trilly, do you goys think this bitch will still settle for that $500k/year he was giving her or will that 10x soon?

>>62362689
>they hate him and his companies because the media told them to
I simply hate all billionaires because it's fucked

>>62362689
>The regime media
the ones who pushed EVs?
>These same people never have a bad word to say about George Soros for example
you mean the currency manipulator who "broke the bank of england" ?
who did he steal money from?

>>62361452 (OP)
In a sea of grifting the guy offers at least a unique perspective on his multiple scams. For that he is awarded 1 trillion dollars

>>62361452 (OP)
ask yourself which space sector company can dislodge SpaceX from government contract welfare. they are now too embedded, much like Microsoft with their shitty products, and will always recieve enough taxpayer gibs to keep them profitable while also paying investors. literally nobody else can compete

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>>62361452 (OP)
It's a mystery

>>62361478
He makes promises he can't keep and retards like you fall for it every time which keep the stocks inflated.

>>62361452 (OP)
It's paper networth. His net worth is in stock shares. The stock market has nothing to do with real life and is just a popularity contest. Buying a share of Tesla and thinking you own a piece of Tesla despite it never paying a dividend or doing a buyback is no different than buying dodgecoin and thinking u own a stake in the dog. His stocks only value is just what ever u can tell to for to the next person. All he does is pull from science fiction and that keeps his stock popular. It's literally no different from a casino. Ultimately this gambling money comes from the petro dollar

>>62362557
Poorfag doesn't bussines

>>62361452 (OP)
People are so impressed by the self-landing rockets and the sci fi visions that they throw their money at him without any thought on whether the numbers are reasonable.

>>62362818
US government contracts are only 21% of SpaceX revenue ("Customer A" in the prospectus), and the growth potential is limited.

There is no strong vendor lock-in with SpaceX like there is with Microsoft. The US government absolutely wants to diversify its vendor base and will give contracts to other vendors at earliest opportunity

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>>62361966
she also has an unlimited customer base

>>62361478
>EVs and robots
requires the us government to ban chinese evs and robots because they're raping him in price lmao, if elon is worth 1 trillion cuz muh robots then unitree is worth 100 trillion lmao

>>62361478
He's not ahead of the competition in anything except space.

For a time, he was ahead in EVs. This he achieved by leveraging advancements in battery technology by Japanese and Korean companies, while other car companies were hesitant because they did not want to cannibalize their existing ICE product lines.

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>>62361452 (OP)
everything is fake and gay in this economy and World retard
>SpaceX's valuation is expected to be nearly $1.8 trillion, revenue was 18 billion in 2025
>Toyota valuation is at 230 billion, revenue in 2025 was 320 billion

>>62363405
we don't need more cars
we need more spaceships
simple as

>>62361499
I'll believe sodium batteries when i see them. The voltage curve of the ones i've seen so far are horrible--a car at 100% charge might be fast but at 50% charge might be dog slow.