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Iambus@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

• Contemporarium@lemm.ee ⁨4⁩ ⁨weeks⁩ ago

  Are you serious? He wants people to think he’s cool SO bad it’s genuinely so pathetic lol. All the other billionaires you could say that. But Elon is so desperate for people to think he’s this funny cool based guy it’s hilarious

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  • fodor@lemmy.zip ⁨4⁩ ⁨weeks⁩ ago

    That is partly true, but also he’s a strong narcissist. They make up their own stories. They’ll play up the feud to take eyes off of other bad shit.

    Don’t think for a second he lost or he’s gone or it’s all over for him. He doesn’t see it that way.

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    • Wook@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

      He already got access to all the data he paid for.

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    • faintwhenfree@lemmus.org ⁨3⁩ ⁨weeks⁩ ago

      I swear I have seen a comment very similar to this, not word for word, but pretty much similar structure and words and points describing Kanye.

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      • psmgx@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

        Kanye is also rich, crazy, and a nazi

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• stormeuh@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

  For now, he does have that yes, but his wealth is for a significant portion a house of cards built on the value of tesla stock. If the value of that stock falls far enough, lenders who gave him loans with tesla stock as collateral could margin call him, essentially asking for more collateral. That could make him the poorest person in the world quite quickly, i.e. billions in debt.

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  • Subverb@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

    While you’re absolutely correct, even if Musk lost 99.7% percent of his wealth he would still be a billionaire (depending on whose net worth number you choose to use). I wouldn’t hold out seeing him in a bread line or starting a gofundme.

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    • Fusselwurm@feddit.org ⁨3⁩ ⁨weeks⁩ ago

      huh. showerthought:

      broke: gofundme woke: sell shares/stocks bespoke: have your company subsidized by the state

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    • howrar@lemmy.ca ⁨4⁩ ⁨weeks⁩ ago

      The real question is whether the collapse of his house of cards will lead to a 99.7% loss of wealth or >100% loss. He won’t be a billionaire anymore if it’s the latter.

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      • Subverb@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

        Yeah, he probably will. I know I’d be surprised if he didn’t have money squirreled away somewhere.

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      • skisnow@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago

        He could declare bankruptcy and be a billionaire again tomorrow.

        And I don’t say this out of any kind of admiration for him; just there’s still enough moneyed rubes out there that he could set up a new company making plumbuses and it would hit unicorn status by the end of the day.

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• aceshigh@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

  His very low self esteem shows otherwise.

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