this post was submitted on 29 Aug 2024
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[–] [email protected] 21 points 2 months ago* (last edited 2 months ago) (5 children)

Ugh... it drives me nuts!

Musk had to borrow around $13 billion for his doomed $44 billion acquisition.

Had he spent that ~~$57~~ $44 billion on developing space hardware instead of going insane and squandering it on social media bullshit, he might have done something worthwhile. I mean... fifty seven billion! What even is that much money? He could have had his own space station for that much money! He could fly up there for weekends, just for funzies.

[–] [email protected] 26 points 2 months ago (3 children)

That $13 billion is part of the $44 billion, you don't add them together.

He spent $31 billion of his own capital, and borrowed $13 billion to cover the rest.

[–] [email protected] 17 points 2 months ago (2 children)

Oh great, I added all the numbers in your comment together and now it's $101 billion?? When will this madness end???

[–] [email protected] 9 points 2 months ago (1 children)

With all that money, he could have given every person in the world $12.625 billion!!! It's unfathomable!

[–] [email protected] -2 points 2 months ago

maybe you couldn't fathom it, but I'm built different

[–] [email protected] 3 points 2 months ago

You've bamboozled my attempt to make the same joke at your expense by only mentioning one number in your comment, giving me nothing to add to it. From this point on, I conclude we should only ever mention one number in each comment, for clarity.

[–] [email protected] 4 points 2 months ago

Oh thank you, my mistake. Still the numbers are huge!

[–] [email protected] 3 points 2 months ago (1 children)

"own capital" probably more like stocks from Tesla, I doubt any actual money moved

[–] [email protected] 2 points 2 months ago (1 children)

That's why I used the word "capital" instead of "money", but I had a feeling someone still was going to deliberately misunderstand me to try to sound smart.

[–] [email protected] 1 points 2 months ago

Well now that you mention it I agree and feel dumb.

Anyways, I'm still right so it means I can double down.

[–] [email protected] 10 points 2 months ago

Why didn’t he just spend his own billions to prop up his venture? Oh, because he doesn’t want to pay taxes.

[–] [email protected] 5 points 2 months ago (1 children)

I do English, but your math is wrong

[–] [email protected] 3 points 2 months ago (1 children)

Haha everyone keeps saying that! But it's pretty funny how wrong everyone is about where the mistake was.

The math is just fine, I did the simple addition correctly. It's the reading comprehension that I got wrong, I misunderstood what the sentence was saying.

[–] [email protected] 1 points 2 months ago

You're right, that is pretty funny. I didn't notice until you pointed it out in this comment

[–] [email protected] 3 points 2 months ago (1 children)
[–] [email protected] 1 points 2 months ago

No, my math is just fine, it's my reading comprehension that needs work, because I totally misunderstood what that sentence was saying.

[–] [email protected] 2 points 2 months ago (2 children)

he might have done something worthwhile

No, he wouldn't have. Musk is an incompetent billionaire parasite, even more incompetent than the average billionaire parasite, and would have simply squandered his ill-gotten money on something else.

[–] [email protected] 1 points 2 months ago (1 children)
[–] [email protected] 1 points 2 months ago

He'd patent avocado genetics and call them "xavocados."

[–] [email protected] -4 points 2 months ago (2 children)

Oh ok, well that's a relief. I'm glad we had you and your crystal ball handy!

[–] [email protected] 1 points 2 months ago (1 children)
[–] [email protected] 1 points 2 months ago

I see your lithium and inflame it.

[–] [email protected] 0 points 2 months ago

crystal ball

The nature of capitalism and the capitalist class haven't been a secret now for more than a hundred years. No crystal balls required.