He needs to be guillotined and all of his holding split to feed the hungry, cloth the less fortunate, and fresh water for those who have no access. And then youd still have hundreds of billions to use elsewhere
The great depression, the worst economic crisis in the history of capitalism, didn't come close to Ending capitalism. Nor did either world war, both of which annihilated 80% of all the wealth on the planet. Capitalism isn't going anywhere. And I'm not entirely sure it needs to tbh. Capitalism was there during the New Deal where the middle and working classes were doing great.
It's our toleration of *unregulated supply side* capitalism that might be coming to an end
His "worth" is more that the entire GDP of all but 21/22 countries. Also there is more change of offing the President that there is getting to him now.
And yet, he will never be able to buy the love of his daughter. He's a deeply damaged man who cannot cope with not getting his way and thinks there is some level of wealth where reality will bend to his will. I hope his bitterness will consume him until the day he dies.
Elon Musk is a sack of wet meat that's a net drain on society, so - negative worth.
He *owns* a trillion dollars worth of stock - which would tank as soon as he made any significant divesture. So - not a ton of liquidity, although at that level even a tiny bit goes a long way.
Paper value. If he tried to cash out he would cause a catastrophic market crash and end up with less than half of that. Which is still an obscene amount of money and should result in a you won capitalism now here get in this VR pod that demonstrates our newest mind out of body technology using nitrogen enriched air.
To make a purchase like that he uses the paper value of his assets as collateral to borrow money for the buying, and then is making payments on that loan using the dividends from his other assets. He doesn't actually sell any of it.
But that also means that when the stock market crashes, the lenders start to call in the loans because the collateral asset is worth less than the balance owed. Forcing him to sell, and tanking the market further.
kinda of still even more of a reason to not let him get anywhere near this level of consolidation. tbh still feels like a crash its valuation is still a win win
As much as that last line is true... & I've HATED, to the BONE, & NEVER Voted for Rapeublucans since fuckin Reagan took Carter's Solar Panels off the WH, when I was a kid; It's been a spiral down since Nixon. We've been KNOWINGLY Easy Bake Ovening ourselves into EXTINCTION for almost a century now, thnx to the Petrochemical & Auto industries. I just hope we didn't fuck it up it so bad Earth winds up a dead rock like Venus; I just REALLY wish, when we're gone, Ravens and octopus take over. -_-
1/3rd of people are cheering for it. 1/3rd of people dont care. 1/3rd think this is bad, but only a tiny fraction of that 1/3rd would actually do something like Mario or that warehouse guy.
To be fair to the third who don't care, most of them probably haven't heard of him because they're too busy mining for coltan or farming rice they'll never be able to afford to eat themselves, etc
For perspective: Germany has a budget of 524 billion for 2026. So one asshole has twice as much perceived money as one of the biggest economies in the world with 83 million people in it. This is absurd.
Wealth is not the same as income, or budget. I imagine Germany as a whole is worth well more than a trillion. Wouldn’t surprise me if just the aggregate net worth of those 83 million people was more than that. That’d be about twelve grand apiece on average.
That fact that fElon’s wealth grew this year somewhere near as much as Germany’s budget is appalling. But even that doesn’t take into account that it’s a payout for years of a company’s growth.
You are correct, and I'd wager it highlights a different part of the problem: They play at being perceived as having that much money at their disposal, like Musk branding himself a trillionaire and people picture him as some kind of Scrooge McDuck - rich to a point where most of the money is practically useless, rendering the rich dude comical. In reality, the figures don't represent ability to purchase, but influence and power. That's the actual issue, and they try to camouflage it.
I hate this argument. It's not wrong, but it's not an ethical argument.
If he wants to borrow 1 billion from the bank in cash, he can. That's 0.1 percent of his net worth. He could buy more than 10 private jets and pay for fuel, maintenance, and standby pilots for years.
If I want to borrow 0.1 percent of my net worth, I'd get one non self propelled ryobi lawn mower.
Yonbeast
as has happened a couple times in the past., i am pretty sure the next thing is the end to a civilization.
lildude52ca
ooOOOOhhhh we KNOW there is an issue but unfortunatly we also know there is nothing we can do about it.
GreenMnM
He needs to be guillotined and all of his holding split to feed the hungry, cloth the less fortunate, and fresh water for those who have no access. And then youd still have hundreds of billions to use elsewhere
leviaton
We do think it's an issue. I wish it wasn't possible
Ivalicenyan
You'd think the anti-trans propaganda and Nazi shit woulda been the end of him. Instead he got like 5x richer since then.
rossimus
The great depression, the worst economic crisis in the history of capitalism, didn't come close to Ending capitalism. Nor did either world war, both of which annihilated 80% of all the wealth on the planet. Capitalism isn't going anywhere. And I'm not entirely sure it needs to tbh. Capitalism was there during the New Deal where the middle and working classes were doing great.
It's our toleration of *unregulated supply side* capitalism that might be coming to an end
FortifiedWhine
His "worth" is more that the entire GDP of all but 21/22 countries. Also there is more change of offing the President that there is getting to him now.
bambulina
Lots of humanity thinks there's an issue...
pretzeldialectic
Google says the global bond market is worth about $145 trillion, not $1 trillion. Super close, but actually not.
Nephytis
SyrusDrake
And yet, he will never be able to buy the love of his daughter. He's a deeply damaged man who cannot cope with not getting his way and thinks there is some level of wealth where reality will bend to his will. I hope his bitterness will consume him until the day he dies.
landbaronness42
Someone tell Trump if he nationalizes SpaceX he gets a chunk. Make popcorn and watch them eat each other.
stryhf
evilspock
Elon Musk is a sack of wet meat that's a net drain on society, so - negative worth.
He *owns* a trillion dollars worth of stock - which would tank as soon as he made any significant divesture. So - not a ton of liquidity, although at that level even a tiny bit goes a long way.
kurvarVillain
ExecutiveProducerWolfDyck
Muskrat is worthless.
WhyWeDoThis
Simply any more than 50 billion should be assets of any one
LaffertyDanie1
The Treasury market alone is >$30t, making shit up detracts from a legitimate point
OdinYggd
Paper value. If he tried to cash out he would cause a catastrophic market crash and end up with less than half of that. Which is still an obscene amount of money and should result in a you won capitalism now here get in this VR pod that demonstrates our newest mind out of body technology using nitrogen enriched air.
PeterNormal
Yeah but when he wants to buy a 45billion dollar public forum he just can, so, it doesn't matter that it is *just* paper money.
OdinYggd
To make a purchase like that he uses the paper value of his assets as collateral to borrow money for the buying, and then is making payments on that loan using the dividends from his other assets. He doesn't actually sell any of it.
But that also means that when the stock market crashes, the lenders start to call in the loans because the collateral asset is worth less than the balance owed. Forcing him to sell, and tanking the market further.
This ends in the greatest economic crisis ever.
Woodcastle
kinda of still even more of a reason to not let him get anywhere near this level of consolidation. tbh still feels like a crash its valuation is still a win win
ObjectivePragmatistWithHope
As much as that last line is true... & I've HATED, to the BONE, & NEVER Voted for Rapeublucans since fuckin Reagan took Carter's Solar Panels off the WH, when I was a kid; It's been a spiral down since Nixon. We've been KNOWINGLY Easy Bake Ovening ourselves into EXTINCTION for almost a century now, thnx to the Petrochemical & Auto industries. I just hope we didn't fuck it up it so bad Earth winds up a dead rock like Venus; I just REALLY wish, when we're gone, Ravens and octopus take over. -_-
JohnWickdidnothingwrong
That is my most fervent hope.
nothingtolurkhere
It's like those DOD games where you get a new weapon after every kill and the game ends when someone goes throgh the whole list.
TrilithonStone
Time to harvest that Trillionaire.
GandalfTheGhey
The global bond market notional is around $145 trillion. Having a single person with $1 trillion wealth is still appalling though.
ConstantlyonYoBack
I think people actually do think it's an issue but are helpless to do anything about it.
ConstantlyonYoBack
I mean apart from not buying the stock.
xedrik
ShinyRoomba
Go Team!!!
goFyourselves
Yeah, boyeez
GrandmasterSpank
1/3rd of people are cheering for it. 1/3rd of people dont care. 1/3rd think this is bad, but only a tiny fraction of that 1/3rd would actually do something like Mario or that warehouse guy.
crateo
I shorted SpaceX, if that helps xD.
GrandmasterSpank
Thank you for your service !
Hecticombrage
To be fair to the third who don't care, most of them probably haven't heard of him because they're too busy mining for coltan or farming rice they'll never be able to afford to eat themselves, etc
GrandmasterSpank
I was talking about Western societies. USA, Europe. Too many people simply dont care or even worse: are FOR it.
baals
There have been more warehouse fires, like a lot more
GrandmasterSpank
Infinias
For perspective: Germany has a budget of 524 billion for 2026. So one asshole has twice as much perceived money as one of the biggest economies in the world with 83 million people in it. This is absurd.
brownribbon
I think you’re confusing government budget with GDP. Musk’s worth is not 2x the GDP of Germany.
However, Nvidia’s market cap is larger than the GDP of Germany.
hogeyegrex
Wealth is not the same as income, or budget. I imagine Germany as a whole is worth well more than a trillion. Wouldn’t surprise me if just the aggregate net worth of those 83 million people was more than that. That’d be about twelve grand apiece on average.
That fact that fElon’s wealth grew this year somewhere near as much as Germany’s budget is appalling. But even that doesn’t take into account that it’s a payout for years of a company’s growth.
That said, fuck that guy.
TypicallyVigo
I feel like some just completely ignored the phrasing "perceived money," that was used.
GhostofCharlieKirk
Third largest economy in the world
khora
Don’t compare valuation with money. They are not the same despite having the same unit.
skibbyAU
If he were to start selling in order to have that as cash, he’d quickly find he wasn’t a trillionaire.
ThisGuyPostingThings
Has? No. Valued as "worth" that much? Yes. It's the problem with illiquid value being stated as how much you "have". Still billionaires+=bad
TheMuellmann
You are correct, and I'd wager it highlights a different part of the problem: They play at being perceived as having that much money at their disposal, like Musk branding himself a trillionaire and people picture him as some kind of Scrooge McDuck - rich to a point where most of the money is practically useless, rendering the rich dude comical.
In reality, the figures don't represent ability to purchase, but influence and power. That's the actual issue, and they try to camouflage it.
Bobbobbobobbananafanafobob
I hate this argument. It's not wrong, but it's not an ethical argument.
If he wants to borrow 1 billion from the bank in cash, he can. That's 0.1 percent of his net worth. He could buy more than 10 private jets and pay for fuel, maintenance, and standby pilots for years.
If I want to borrow 0.1 percent of my net worth, I'd get one non self propelled ryobi lawn mower.
Malak224
Hey Ryobi is a sacred brand for those of us not worth a trillion dollars!
morningxafter
SavageDrums
The physical poster doesn't have monetization censorship, fyi
MadamPuddifoot
CUNT. WE CAN SAY CUNT. CUNT CUNT CUNT. HE'S A FUCKING CUNT.
Starlatan
HE'S THE CUNTIEST CUNT TO EVER CUNT AROUND
morningxafter
Look man, I just favorited it, I’m not the one who edited it. If you want to upload a clean one I’ll favorite that instead.
HandsomePenguin
HandsomePenguin
There were 85 of them posted yesterday, how did you end up with the one censored one?
morningxafter
Didn't see them yesterday, sorry. This is the one I saw posted today. It was actually the post right next to OP’s when I saw it in usersub.
HandsomePenguin
morningxafter
Oh nice! Thank you!