Jump to content

Elon Musk: Officially a fraud and piece of shit. Official or unofficial war criminal?

MaybeACoordinator

By MaybeACoordinator
in Daily Texan

 Share

Recommended Posts

  • Replies 22.9k
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

Popular Posts

Spottieottiedopaliscious
Spottieottiedopaliscious

Hotez is far from bulletproof.       

MissingInAction
MissingInAction
Spottieottiedopaliscious
Spottieottiedopaliscious

Absolutely.    Would you like other guys pointing out Hotez deficiencies?   It was actually more about Hotez but whatever? Why stick around? All the constructive back and forth

Posted Images

Jkwellborn

Jkwellborn 6692

Posted
Posted
Given that SpaceX built the Falcon 9 on its own and the government wasn't involved at all, definitely him or at least his company. SpaceX has completely disrupted the rocket industry, and I'd argue its effect has been more significant than Henry Ford's to the auto industry and will be more historically important. Musk is a dick. But SpaceX's achievements will be seen as a historical pivot point on par with the moon landing. 

No one was talking about SpaceX in the post I quoted. It was about driving the cost of technology down. Is Musk doing that? Or is that just a by product of him getting a seemingly unending supply of government money?
Link to comment
Share on other sites
Dahobbs

Dahobbs 17527

Posted
Posted (edited)
8 minutes ago, Jkwellborn said:


No one was talking about SpaceX in the post I quoted. It was about driving the cost of technology down. Is Musk doing that? Or is that just a by product of him getting a seemingly unending supply of government money?

What? Of course the post was about SpaceX and Tesla, you know, Elon's companies. I don't think you have any idea what you are talking about. SpaceX and the falcon 9 have driven down the cost of launches by doing what the established players said was impossible: create a reusable rocket. The government had nothing to do with that. Literally no one can compete with SpaceX on launch cost right, and that's with Boeing getting more US government money, and other companies by funded by multiple governments (e.g., Russia and Europe). 

Edited by Dahobbs
  • Hook 'Em 3
Link to comment
Share on other sites
  • Popular Post
Hagbard Celine

Hagbard Celine 10852

Posted
  • Popular Post
Posted
10 hours ago, Jkwellborn said:

No one was talking about SpaceX in the post I quoted. It was about driving the cost of technology down. Is Musk doing that? Or is that just a by product of him getting a seemingly unending supply of government money?

spacex was granted $5.5 billion in government contracts by 2015 and to date has a perfect record delivering payloads to orbit at a cost 1/2 to 2/3 that of what the traditional players have achieved with 75 years of runway to figure out what elon achieved in less than 10 years

meanwhile, over in legacy land, the SLS, which is still using SRB technology designed in the 60s for Gemini and Atlas then used on the Shuttle, and using the same main engines used on the shuttle, designed in the 19frickingseventies, has consumed $23 billion and remains nowhere close to getting to orbit, and even when it does, each launch will cost more than TWO BILLION DOLLARS OVER AN ABOVE THE $23 BILLION ALREADY PAID FOR BY YOU AND ME

musk actually delivers what he's paid for, at a cost astronomically (pun intended) less that what boeing, rocketdyne, northrop grumman and the united launch alliance have spent FOR NOTHING

the recent comedy value of this thread is unmeasurable with current technology

like him or hate him, he's the only fucker on this planet trying to prevent a "don't look up" scenario and insure the survival of humanity

AND HE IS DOING IT WHILE FUNDING IT HIMSELF MAKING MONEY ACTUALLY DELIVERING THE GOODS

there's a reason spacex is delivering national security payloads on the reg

HIS SHIT WORKS and it's INCREDIBLY LESS EXPENSIVE than paying for throw-away one-and-done rockets

lock this fucking thread and get your asses over to nerdz, and get some 'learnin before ya be 'postin

/rant

end of line

  • Hook 'Em 20
  • Like 7
Link to comment
Share on other sites
Blotto

Blotto 23491

Posted
Posted
Quote

Tesla stock rose 5% in regular trading Tuesday after a securities filing showed CEO Elon Musk controls a little over one-fifth of the luxury automaker.

At the end of 2021, the billionaire held 231 million shares in Tesla, representing a 21.2% stake, according to the Tuesday filing with the Securities and Exchange Commision. At Monday's closing price of $875.76 a share, the stake is worth around $202 billion.

That's still down from a 22.4% stake held by Musk at the close of 2020, revealed in a similar filing a year ago. 

A separate filing Monday showed Musk donated Tesla shares worth $5.7 billion to an unnamed charity between November 19 and 29.

Musk's donation took place around the same time he was selling around $16 billion in shares. It was made days after the United Nations responded to his challenge to prove how his wealth could tackle world hunger.   

The Tesla billionaire's stock-selling spree in November was made as part of a pre-arranged plan, called 10b5-1, to meet US tax liabilities. Musk said in December that he would pay more than $11 billion in taxes in 2021, due to exercising stock options set to expire in August this year.

Musk sold 15.7 million shares in Tesla at the end of January, roughly equal to the 10% stake he had planned to sell.

But he still managed to boost his stake in the automaker by exercising stock options to buy nearly 23 million shares at $6.24 each, which is just a fraction of Tesla's share price.

$200+ billion. Plus a lot of additional wealth probably yet to be realized in SpaceX. 

Link to comment
Share on other sites
Captainant

Captainant 27639

Posted
Posted
23 minutes ago, tbone_ said:

How is space x going to make money again?

They're making more money than Boeing in spaceflight right now lol.

They're already fully funding each launch with their satellite rideshare missions. A single F9 launch is about $62M and can carry as many as 140 satellites. Typically a rideshare will be around 105 sats with each spot being at least $1M. That's some fat margin.

And starship is only going to lower the cost per kg into orbit! The newest raptor engines are about 30% more powerful than the first iteration, and they're making about five new engines a week so far in 2022. The scale of SpaceX engineering and production pipeline is a marvel.

Link to comment
Share on other sites
Blotto

Blotto 23491

Posted
Posted
5 hours ago, Captainant said:

They're making more money than Boeing in spaceflight right now lol.

They're already fully funding each launch with their satellite rideshare missions. A single F9 launch is about $62M and can carry as many as 140 satellites. Typically a rideshare will be around 105 sats with each spot being at least $1M. That's some fat margin.

And starship is only going to lower the cost per kg into orbit! The newest raptor engines are about 30% more powerful than the first iteration, and they're making about five new engines a week so far in 2022. The scale of SpaceX engineering and production pipeline is a marvel.

Musk may be full of shit, and who knows how well it will work, but his revenue projections for starlink broadband is $30 -$50 billion a year once they get all the satellites in orbit. The guy tackles massive problems/markets, I'll give him that.

  • Hook 'Em 1
Link to comment
Share on other sites
52-80

52-80 19147

Posted
Posted
6 hours ago, Blotto said:

Musk may be full of shit, and who knows how well it will work, but his revenue projections for starlink broadband is $30 -$50 billion a year once they get all the satellites in orbit. The guy tackles massive problems/markets, I'll give him that.

Streaming Pornography beamed from outerspace is worth a lot of money

Link to comment
Share on other sites
Dahobbs

Dahobbs 17527

Posted
Posted
10 minutes ago, TurkeyChew said:

When this thread bumped I thought it would be internet sleuthing to try and figure out which charity got his $5.7bn charitable donation last year (2nd only to B&MG foundation). The "Solving World Hunger" Theory has been debunked as the food people say it wasn't them.

I assume he setup his own charity, either as a stepping stone to send out the money, or, since it is Elon, to try and do everything himself. I could definitely see him running with whatever plan the WFP sent him on ending hunger. 

  • Hook 'Em 1
Link to comment
Share on other sites
tbone_

tbone_ 14113

Posted
Posted

I think it takes a combo of luck, greed, arrogance, delusion, dedication, really hard work, self absorption, smarts, ultra competitiveness, and luck. And more luck.

Sometimes I think the delusion can take on a bigger roll when the normal governors of life are bypassed due to the money.

  • Hook 'Em 3
Link to comment
Share on other sites
TurkeyChew

TurkeyChew 383

Posted
Posted (edited)
28 minutes ago, tbone_ said:

I think it takes a combo of luck, greed, arrogance, delusion, dedication, really hard work, self absorption, smarts, ultra competitiveness, and luck. And more luck.

Sometimes I think the delusion can take on a bigger roll when the normal governors of life are bypassed due to the money.

It's 100% luck in my opinion, now that I think about it.

Timing has to line up like Indiana Jones and the staff and the sun, or you have to be lucky that the broken brain you were born with (we are all born with something broken), just so happens to be aligned with being a billionaire. I call that last bit of luck, the Warren Buffett effect, but there are hundreds of non-celebrity multi-millionaires and billionaires in high finance whose flavor of autism brought them their fortunes.

Edited by TurkeyChew
Link to comment
Share on other sites
Hagbard Celine

Hagbard Celine 10852

Posted
Posted

cuban owns the mavs because he and 2 partners had the idea of streaming sound over the internet and playing audio files in a browser.

musk owns spacex and tesla because he had the idea of an internet monetary/payment system.

they executed on these ideas 25-30 years ago.

someone would have come up with these ideas.

they just happened to be first, and that is luck.

  • Hook 'Em 4
Link to comment
Share on other sites
Neonmoon

Neonmoon 38129

Posted
Posted

Most ideas are not original (besides the hula hoop obviously). For example, Cuban’s “original” idea was neither original nor his idea. Cameron Jaeb created the sports radio over the internet idea. Cuban invested in Jaeb’s idea. 5 years later Cuban sold the company for 1 billion. Another guy named Carl Malamud created internet over radio a year before Jaeb. But there were a bunch of others popping up simultaneously during this time like Scott Bourne of NetRadio. 

Many people have the same great idea at the same time (aka multiple discovery) and only the person who is first to market, or better funded, or company that is better run or more savvy will reap the rewards.

 

 

 

  • Hook 'Em 2
Link to comment
Share on other sites
52-80

52-80 19147

Posted
Posted

the patent office is full of good ideas that havent or cant be monetizable.  x.com and paypal doesn't go on elon's mantle because, as tightly regulated as financial services are... launching a non-conventionally car and a rocketship company is on whole 'nother level of execution. 

 

Link to comment
Share on other sites
tomahawk dunk

tomahawk dunk 326

Posted
Posted
28 minutes ago, Walte464 said:

Elon got asked if he would go to sombrero fest in Brownsville in his last town hall and fulfilled his promise.
 

https://myrgv.com/featured/2022/02/27/elon-musk-brings-youngest-son-to-sombrero-fest/?fbclid=IwAR1gj-mfCp4Ovo-gGc7k0IpDMlgFQzw2eEKK_rBEOAvjGS-8kXfUdpLZNw8

Cheeeeen-gow man, that's awesome he went! 

  • Hook 'Em 1
Link to comment
Share on other sites
hayden_horn

hayden_horn 11362

Posted
Posted
On 2/12/2022 at 11:35 AM, Dahobbs said:

What? Of course the post was about SpaceX and Tesla, you know, Elon's companies. I don't think you have any idea what you are talking about. SpaceX and the falcon 9 have driven down the cost of launches by doing what the established players said was impossible: create a reusable rocket. The government had nothing to do with that. Literally no one can compete with SpaceX on launch cost right, and that's with Boeing getting more US government money, and other companies by funded by multiple governments (e.g., Russia and Europe). 

look, i don't want to go full cloak here, but jpl and nasa are very much involved with spacex, let's not kid ourselves here.

Link to comment
Share on other sites
Dahobbs

Dahobbs 17527

Posted
Posted
Just now, hayden_horn said:

look, i don't want to go full cloak here, but jpl and nasa are very much involved with spacex, let's not kid ourselves here.

How so? Certainly NASA has assisted a lot with the Dragon and getting it ready to fly astronauts. But I'm not aware of any substantial NASA contribution to the design, development, or manufacture of Falcon 9 or Starship. SpaceX did get some government contracts that gave it a bit of a lifeline while it was still struggling to get the Falcon 9 ready, but only if it could actually get the launches done.  I'm also perplexed how cloakroom would come into play here. 

Link to comment
Share on other sites
hayden_horn

hayden_horn 11362

Posted
Posted
On 2/12/2022 at 11:35 AM, Dahobbs said:

What? Of course the post was about SpaceX and Tesla, you know, Elon's companies. I don't think you have any idea what you are talking about. SpaceX and the falcon 9 have driven down the cost of launches by doing what the established players said was impossible: create a reusable rocket. The government had nothing to do with that. Literally no one can compete with SpaceX on launch cost right, and that's with Boeing getting more US government money, and other companies by funded by multiple governments (e.g., Russia and Europe). 

the government had nothing to do with it.

5 minutes ago, Dahobbs said:

How so? Certainly NASA has assisted a lot with the Dragon and getting it ready to fly astronauts. But I'm not aware of any substantial NASA contribution to the design, development, or manufacture of Falcon 9 or Starship. SpaceX did get some government contracts that gave it a bit of a lifeline while it was still struggling to get the Falcon 9 ready, but only if it could actually get the launches done.  I'm also perplexed how cloakroom would come into play here. 

well, of course, government funded nasa assisted a lot. and they government contracts to get a lifeline. but the government had nothing to do with it.

i'm just shrugging. i don't really care to argue. what he's done with the landing rocket has blown my mind. 

but i'm just saying your point that he went it alone is silly. he had significant government assistance.

certainly, spacex did a lot of heavy lifting. but saying the government had "nothing to do with it" seems silly. they couldn't have done it without nasa and jpl.

and cloak room would have to do with a prolonged discussion about government assistance and how we want to quantify that in dt, and i'm going to bow out now, unless you want to talk about it over there.

Link to comment
Share on other sites
Dahobbs

Dahobbs 17527

Posted
Posted
13 minutes ago, hayden_horn said:

the government had nothing to do with it.

well, of course, government funded nasa assisted a lot. and they government contracts to get a lifeline. but the government had nothing to do with it.

i'm just shrugging. i don't really care to argue. what he's done with the landing rocket has blown my mind. 

but i'm just saying your point that he went it alone is silly. he had significant government assistance.

certainly, spacex did a lot of heavy lifting. but saying the government had "nothing to do with it" seems silly. they couldn't have done it without nasa and jpl.

and cloak room would have to do with a prolonged discussion about government assistance and how we want to quantify that in dt, and i'm going to bow out now, unless you want to talk about it over there.

I don't think you know the history of the Falcon 9 very well. SpaceX didn't have the sort of government contracts that Boeing and other players did. It didn't get paid to build a rocket for the government where the government oversaw aspects of the design and construction. Rather, SpaceX  got a contract to do a launch. If SpaceX couldn't do the launch, it didn't get paid. Yes, the government was the customer and therefore would be the one to pay SpaceX for a launch, but beyond that the government didn't contribute. I don't count that as "government assistance" and I don't think its viewed that way in any other industry. Otherwise, I could say that I've provided assistance to Ford, Audi, Buick, and Tesla in the production of their cars. But that would be ridiculous. All I did was buy the car. 

Anyway, the whole point was that the government had nothing to do with SpaceX driving down launch costs rather than that the government had nothing to do with SpaceX at all. It very clearly is and has been a customer. But, it didn't do any of the work that led to lower launch costs. And, it didn't/doesn't, as implied by the post I was responding to, subsidize SpaceX's launch costs. 

  • Hook 'Em 2
  • Like 1
Link to comment
Share on other sites
  • 5 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing


Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business and Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Subscribe!... Donate!... Advertise... COOKIE MONSTER!

×
×
  • Create New...