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by HWR_14
1138 days ago
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> If we sell only 50 tickets daily it is less than million of $ that Musk have available for each ticket. Wow, and for anyone else for only a million dollars people can buy an entire day in what was once a free federal location! Meanwhile, let's look at Yellowstone. Over a decade, they will sell about $110MM in passes (just a 10x of what they generated recently.) Let's say at an auction the passes go for an average of 20x that. So for $2.2 billion, someone can buy exclusive access to a 2.2 million acre federal park for a decade. A 20x multiple is pretty high too. > reality people like Musk probably would never spend even 1/100 of their wealth for any single attraction. Musk spent approximately 20% of his wealth on an internet toy. |
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