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by narrator
552 days ago
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You're looking at the world as a poor person. If you had Elon's brilliance you'd probably quit after you made $5 million dollars or so and definitely after you sold Zip2 back in the 1990s and spent the rest of your life on the beach. The only reason he's still working as hard as he does is not because he wants to spend that on himself. He wants the glory of going to Mars and having a positive impact on humanity and that requires control of the activities of large companies like SpaceX, etc. which requires ownership stakes in those companies that are valued in the billions. One of the reasons that he campaigned so hard for Trump is that Kamala's proposed wealth taxes on unrealized capital gains were going to take his companies from him and he'd have to sell to Vanguard or Blackrock, who would give control of the companies to Boeing-tier mediocrity which would mean that we'd never get to Mars. There have been so many companies where the founders sold out and retired because they had enough money and they got bought by big conglomerates who destroyed those companies with mediocre management and neglect. This is the great thing about Elon, he just keeps building and leveraging all that money to create bigger and bigger companies using his creativity and management ability to achieve his goal of launching an era of space exploration. |
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