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by mcmoor 18 days ago
Elon Musk seems like an ultimate counterexample of a person that "deserves" his dozens of billions of dollars. Because his name alone for some reason raises the percepted value of a company by that much amount. No amount of one person's or even dozens' hard labour will be able to match this. Of course it may come crashing anytime and Ponzi also had a similar kind of "productivity", but it really shows that not all labours are equal.
1 comments

It's also the boys who never grew out of cheesy science fiction. Elon became their cult leader. Together they turned both Tesla and SpaceX into meme stocks. Meme stocks are amusing when they just mess with finance bros. But we've let the game get out of control.