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Posted
  On 10/27/2022 at 3:21 PM, NoName said:

imagine how many key men/women they have lost across that org in the last 3ish months.

good grief.

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The top talent flee first then the above average leave until you are left with the scrubs. An organization doesn't usually pull out from that kind of nosedive when there isn't enough people to explain the institutional knowledge to new hires.

 

 

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Posted
  On 10/27/2022 at 4:16 PM, tbone_ said:
Wtf is he carrying a sink?


In my 50+ years of observations trying to be cute almost always equals terrible leadership and poor results usually follow. I know that’s groundbreaking insight.

Its like watching Michael Scott at work
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Posted

Wow. This thread has turned into a circle-jerk for the Haters. 

I don't know if it was wasted money on twitter or not, but I do know that Musk now owns one of the most important sites on the internet. Full Stop.   For just about any breaking or developing story, Twitter is the go to place.  Stories break there before anywhere else.  It may not stay that way, but for better or worse, right now, Twitter is wildly important....and the same guy who owns the most transformative car company,  the most dominant space launch company, and the largest satellite constellation, now owns it.

Musk does say some stupid shit, and he does come across as spoiled Tech-bro sometimes, but it wasn't daddy's money or stumbling-and-bumbling that got him where he is. Credit where credit is due.

Take the good with the bad. SpaceX and Tesla are huge net positives on society....and its not like he's electrocuting dogs in public like Edison. 

 

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Posted
  On 10/27/2022 at 6:56 PM, 0xdeadbeef said:

Wow. This thread has turned into a circle-jerk for the Haters. 

I don't know if it was wasted money on twitter or not, but I do know that Musk now owns one of the most important sites on the internet. Full Stop.   For just about any breaking or developing story, Twitter is the go to place.  Stories break there before anywhere else.  It may not stay that way, but for better or worse, right now, Twitter is wildly important....and the same guy who owns the most transformative car company,  the most dominant space launch company, and the largest satellite constellation, now owns it.

Musk does say some stupid shit, and he does come across as spoiled Tech-bro sometimes, but it wasn't daddy's money or stumbling-and-bumbling that got him where he is. Credit where credit is due.

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Well lots of angry people on the internet who have never achieved anything said his twitter venture is sure to fail spectacularly, so i dont know which camp is going to be proven right. 

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Posted

Yeah, how could any of us ever think of something like this?

Maybe with a few more years of R&D he may invent a device that runs on rails underground and can hold more than 5 people. LMAO

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Posted
  On 10/27/2022 at 6:56 PM, 0xdeadbeef said:

I don't know if it was wasted money on twitter or not, but I do know that Musk now owns one of the most important sites on the internet. Full Stop.

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Uhhhh, no he doesn't? The deal is nearing completion, but it hasn't closed yet. Maybe he'll find a way to weasel out of paying $54.20/share as he has already contractually committed to

Posted
  On 10/27/2022 at 8:05 PM, 52-80 said:

Well lots of angry people on the internet who have never achieved anything said his twitter venture is sure to fail spectacularly, so i dont know which camp is going to be proven right. 

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Hey, I graduated law school. That’s something. It’s not GOOD, but it’s definitely something.

Posted
  On 10/27/2022 at 8:07 PM, Foosters said:

Yeah, how could any of us ever think of something like this?

Maybe with a few more years of R&D he may invent a device that runs on rails underground and can hold more than 5 people. LMAO

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That tunnel is insanely scary. Who the hell would drive through Hank Hill's narrow urethra in a line of combustible Teslas?

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Posted
  On 10/27/2022 at 8:36 PM, F250 said:

That tunnel is insanely scary. Who the hell would drive through Hank Hill's narrow urethra in a line of combustible Teslas?

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Why would you question Elon like that? What have you ever done? Can't you see he's revolutionizing the transportation industry by *checks notes* building single lane roads underground? 

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Posted
  On 10/27/2022 at 8:25 PM, Captainant said:

He got a very small loan of generational apartheid wealth from his father. Just like everyone else!

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And has received a wee bit of US Tax Payer dollars for R&D. I think Starlink received a nice chunk for rural internet. 

I am not saying this is always bad, but he is also on record saying the Feds should get rid of them. 

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Posted

 

  On 10/27/2022 at 9:40 PM, InkaUtexas said:

And has received a wee bit of US Tax Payer dollars for R&D. I think Starlink received a nice chunk for rural internet. 

I am not saying this is always bad, but he is also on record saying the Feds should get rid of them. 

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You would be wrong. SpaceX was selected by the FCC to provide rural internet that would have been worth about $900 Million, but before SpaceX got any money, the FCC Withdrew the award.  On the latest appeal the FCC has moved the goalpost for the award.  As it stands now, SpaceX has paid for Starlink.  The estimated cost has been about $10 Billion. 

 

 

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Posted
  On 10/27/2022 at 9:44 PM, Dbeasy said:

I’m so confused by all of the conflict in this thread. We should all be completely in agreement that he’s a giant prick who used inherited wealth to create two of the most amazing companies in the US. There plenty to hate and admire for all of us. 

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Its well-known that Trump inherited his dads real estate business. Elon’s rumored help from his father - from whom he’s been long estranged - has never ever been substantiated.

Anyone that knows better is welcomed go share.

He was a principal in tech businesses that converged to Paypal, so his wealth building is pretty easy to retrace. 

Ive held from the start of this thread that hes clumsy, brash, and irreverent. 

But his track record proves an shrewd businessman also. That people try to bet against that undeniable truth is farcical.

My opinion is he provides a ton of entertainment for what he/his business does, and for how many people he gets absolutely riled up. This thread case in point. 

Posted
  On 10/27/2022 at 10:02 PM, 0xdeadbeef said:

 

You would be wrong. SpaceX was selected by the FCC to provide rural internet that would have been worth about $900 Million, but before SpaceX got any money, the FCC Withdrew the award.  On the latest appeal the FCC has moved the goalpost for the award.  As it stands now, SpaceX has paid for Starlink.  The estimated cost has been about $10 Billion. 

 

 

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Thanks for clarifying. I know they were in the running for it and just read the FCC cancelled it. Do you know why? 

Posted
  On 10/27/2022 at 10:10 PM, InkaUtexas said:

Thanks for clarifying. I know they were in the running for it and just read the FCC cancelled it. Do you know why? 

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Funding was issued by previous FCC administration, supposedly to seed development to ultimately deliver broadband to rural areas.  
 

New FCC administration reversed it, ostensibly on grounds that the current-day service isnt up to spec (its supposed to be for future service), and that the award was based in faulty rural maps that FCC themselves built. 
 

Arguments are here: https://www.fcc.gov/ecfs/document/10909050172096/1

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Posted
  On 10/27/2022 at 10:20 PM, Bookman said:

Holy shit. It's never even occurred to me to get news from Twitter.

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Its the nexus for news — or, really, any conversation around any subject. 

Because everyone has a phone, on any breaking event — say, a major earthquake — you get accumulation of direct real-time media updates from potentially everywhere, rather than waiting for the narrow pipeline of traditional media. 

I really disliked Twitter at first, mostly because I couldnt figure out its clunkiness. But now for the subject I follow (financial news), its essentially the worlds largest, fastest, most borderless and frictionless messageboard. 

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Posted (edited)

You can't be a billionaire without exploiting of the labor and lives of others. There is no such thing as a self-made billionaire, so it doesn't much matter where his wealth originated from

Edited by trauma babe
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Posted
  On 10/28/2022 at 12:40 AM, Nice Guy Eddie said:

Is trump back on Twitter yet?

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I don't think that Musk has completed the acquisition yet. (At least, it was reported that at the time Musk said that he had closed, in fact he had not.) It is completely on brand that he fabricated the claim that the deal is done, of course.

 

Posted (edited)

We all know how this ends: Musk takes over, fires 80% of the staff because he thinks the Entourage Ari meme is funny and he doesn’t like it when people tell him no, the site is quickly overwhelmed by pedophiles and anti semites, normal users abandon it, Musk expresses surprise it all happened, then cheekily trolls something else, fan bois Jack off to the new obsession,  and musk loses interest. 
 

Twitter rots and functional dies. Don’t think it will happen? Look what happened to Tumblr after they banned porn.

Edited by Bateshorn
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Posted
  On 10/27/2022 at 9:44 PM, Dbeasy said:
I’m so confused by all of the conflict in this thread. We should all be completely in agreement that he’s a giant prick who used inherited wealth to create two of the most amazing companies in the US. There plenty to hate and admire for all of us. 

This!! Inherited wealth for one company, but for fucks sake the guy has launched four in totally different industries.
Posted
  On 10/28/2022 at 1:23 AM, Captainant said:

Twitter is about to absorb a bunch of the debt that Elon took on to buy twitter. They're not gonna be long for this world. Thankfully. 

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The whole buying companies with the companies own money is really kind of strange. I imagine that Elon will lose plenty of money out of this deal, but other people will lose a lot more.

Posted
  On 10/28/2022 at 1:45 AM, pantone159 said:

The whole buying companies with the companies own money is really kind of strange. I imagine that Elon will lose plenty of money out of this deal, but other people will lose a lot more.

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Elon will lose more money than he should, because he did this in a hurry, but generally the Uber wealthy don’t use their own money and assets on buying things.  They use debt then monetize that debt to other investors. 

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