Buying Tesla is just buying SpaceX. When they roll up Tesla, it will be in a stock deal not real money. None of this is real money and I would argue that Musk is not the world's first trillionaire because there is no reality in which he could get that money out of SpaceX
I mean, if he wanted to sell tomorrow, who COULD spend $2-3 Trillion to buy it, and who WOULD? Anyone with that kind of money to spend today knows what a scam it is
Sure, it's reasonably likely they merge at some point but the ratio between the prices at that time will be different than the current ratio, so it still matters which share you buy today.
Especially since Musk is heavily incentivised to merge them at a price favourable to spacex since he has a much larger share
I mean as far as I know no human being is even a billionaire anyway if you only count cash. It's one of the things the "eat the rich" crowd is particularly bad at internalizing, that there's a difference between value and money that can be spent on food or hospitals.
It is much more feasible for Jeff Bezos to sell a billion dollars worth of Amazon tomorrow or Bill Gates to sell a billion dollars worth of MSFT tomorrow than it is for Elon to sell a trillion dollars of SPCX even over a year's time
I get that net worth is more than just cash, and that is not what I meant and it's pretty obvious that isn't what I meant. It may not just be cash on hand but if an asset is completely illiquid at it's purported value, is it actually worth that?
Somewhat doubtful. (The first part of your statement, anyway. Of course the difference between abstract "value" and hard, spendable "money" is a thing.)
Like Mr. Hanson said in my sibling comment, some rulers are (or were!) bound to have amassed incredible amounts of resources. For historical/non-present-day examples, consider looking into figures like Jakob Fugger or Mansa Musa.
Musk may not have a few billions liquid on his cashing account, but he have something better: collateral to raise a few billions for everything he may want.
(This isn't a dig on managers; I've been one. But if a situation doesn't naturally escalate, that usually means a manager in the chain chose not to escalate it, and their reports have to go around them.)
Perhaps those are your greatest memories because that is what you were doing as a child. Would your greatest memories of you grow up now be playing Minecraft online?
I don’t really know the answer. I grew up in the early 2000s with a mix of video games and ‘outside with friends on the woods’ time. I have many great memories of playing games, but by far my best are always the ones, in person, out in the woods. Even my best gaming memories were at lan parties. Being in-person with friends is just better.
I think part of it depends on what kinds of friendships you have.
Some kids have major problems finding healthy, positive relationships with other kids in real life, often for very arbitrary reasons. For a subset of those, interacting through screens eliminates a ton (if not the entirety) of the friction of IRL interaction.
What it really all boils down to for me is that relationships are deeply important. Once upon a time, I thought I could be an island. I was wrong. Maybe there are a few who can do it, but not me, and probably not most of us.
There are a lot of browser extensions designed to create LinkedIn msgs using ai. You create a search list and it creates outbound and then you can deploy auto or review before sending. You can also then auto respond
reply