[WalterBright]

The value of something is what the buyer is willing to pay for it and the seller is willing to sell at.

There is no other meaningful definition of the value of an item or service.

> either of those is a far cry from claiming it's "the value they create".

Nobody is going to hire someone who produces less value than their pay.

[nixon_why69]

Elon Musk stopped producing value quite a while ago, nowadays all he does is tweet stupid stuff. Meanwhile his net worth has skyrocketed.

Everyone who's ever spent 6 months in big tech knows how easily compensation is divorced from value. Plenty of net-negative, work-creating behavior gets rewarded with big raises.

[WalterBright]

> Elon Musk stopped producing value quite a while ago

No evidence of that.

> Everyone who's ever spent 6 months in big tech knows how easily compensation is divorced from value.

You could always sell your yourself to a big tech company with your expertise in who are the value ones. A person with that skill would be very valuable to a company.

[nixon_why69]

Sir, I understand that you did some cool, useful stuff in your career and got rewarded for it and that's a case of the system working, but if you can't see various sycophants and crooks getting just as rich or richer, while contributing nothing, then I can't see it for you.

[WalterBright]

I need to see some evidence that Musk contributes nothing.

[nixon_why69]

Count his tweets over the last few years, WaPo did a big story on it recently, its like 70 tweets/day. Then divide his remaining attention over the number of companies he's running. Or look at the effectiveness of his management of DOGE which is the most public/transparent example we have.

I do think up until 2020 he was useful, there's a reason nobody else made electric cars or self landing rockets work. But most of his wealth accumulation has been since then.

[WalterBright]

1. I follow Musk on twitter, and most of them consist of a single emoji and retweet of some other post.

2. What better way to keep an eye on how things are working on twitter by dogfooding the platform?

3. An effective manager does not micromanage a company. He finds competent people and delegates the authority.

4. Most of his tweets are advocacy of the products of his various companies. A major part of being a CEO is being the top salesman for the company.

5. WaPo is owned by Bezos, who competes directly with SpaceX.

6. His companies seem to be doing quite well. Why mess with success?