that’s why he is the richest person in the world with 270B net worth.
look, i hate the asshole as much as the other guy, but changing meaning of words and underestimating the enemy never helped anyone.
Comment on Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price
MyOpinion@lemm.ee 5 months ago
Elon is a genius at losing money.
14th_cylon@lemm.ee 5 months ago
whyNotSquirrel@sh.itjust.works 5 months ago
it’s just that he could take big risks (not even a smart one) in investment because he didn’t care about the money, he has so much that he can never lose it all, so of course if you can invest blindly you’ll for sure win at some point
14th_cylon@lemm.ee 5 months ago
it’s just that he could take big risks
yes, that is definitely part of his success. and since this strategy got him to position of richest person in the world, it is pretty clear that “genius at losing money” is not really accurate description of situation.
as for twitter, he clearly is not in it for the money, otherwise he wouldn’t be there in the first time.
atrielienz@lemmy.world 5 months ago
It would appear that he didn’t want to buy Twitter and was literally forced to do so. I think for him Twitter is a temper tantrum. He didn’t get what he wanted so he’s destroying everything around him as a result.
More to the point though, I do wonder why he didn’t just pay the billion dollars to get out of the deal (with his 270 billion net worth - which by the way includes assets not necessarily liquid cash).
I don’t know that he’s not in it for the money. I think the point is to destroy it so he doesn’t have to pay back what he borrowed to buy it.
Zerlyna@lemmy.world 5 months ago
Like his buddy Trump!
exanime@lemmy.world 5 months ago
No wonder he is starting to get along so well with Trump