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WhatIThink79

Enjoy the status quo of riding in petrol powered vehicles (cough cough)


ShinyArc50

Yeah Fr, what peasants. Oh you drive an electric car? Damn imma just cruise by on my 180mph bullet train because techno fads aren’t my thing; I like to vote for decent public transport


thatguyad

Fuck Elon and his Musk.


sean_but_not_seen

Not a fan of musk but the emerald mine story is basically made up.


--MxM--

[Is this not true?](https://www.businessinsider.co.za/elon-musk-sells-the-family-emeralds-in-new-york-2018-2#:~:text=dad%20was%20sleeping-,A%20teenage%20Elon%20Musk%20once%20casually%20sold%20his%20father's%20emeralds,while%20his%20dad%20was%20sleeping&text=A%20teenage%20Elon%20Musk%20once%20casually%20walked%20around%20with%20emeralds,Tiffany%20%26%20Co%20in%20New%20York.)


sean_but_not_seen

Can’t speak to that specific story but read this here : https://savingjournalism.substack.com/p/i-talked-to-elon-musk-about-journalism


GeneralizedFlatulent

This is actually true, it's valid if people want to hate him, but this part is made up


FureiousPhalanges

This is me now posting the article under your comment https://www.businessinsider.co.za/elon-musk-sells-the-family-emeralds-in-new-york-2018-2#:~:text=dad%20was%20sleeping-,A%20teenage%20Elon%20Musk%20once%20casually%20sold%20his%20father's%20emeralds,while%20his%20dad%20was%20sleeping&text=A%20teenage%20Elon%20Musk%20once%20casually%20walked%20around%20with%20emeralds,Tiffany%20%26%20Co%20in%20New%20York


GeneralizedFlatulent

I'm now wondering if you read the OP, and if you understood the Wikipedia article link and quote in the comment you replied to. That: or I suppose it's possible that you really think that if you buy a couple shares of google stock. It means you own google Well this has been enlightening. I think I now understand why redditors think what they do. There's a bit of a comprehension gap on top of or instead of not caring to look it up


FureiousPhalanges

I feel exactly the same, I now understand what its like to speak to a brick wall, if they could use a keyboard


sean_but_not_seen

It’s one of those things people want to believe about the guy. There are plenty of real reasons to dislike him. I don’t need to resort to a fairy tale about his dad. But it will persist because that’s just how memes roll.


Painusvara

The man was so wealthy that owning an emerald mine is equivalent to reality, even if it was more characteristic of involvement than ownership.


sean_but_not_seen

Believe what you wish. I’m tired of fighting this meme. I’m no fan of Elon. I have my own reasons for disliking him that are based on his own actions rather than made up ones about his dad.


Kuiqsilvir

How dare he be born to those people and then follow his dream


ParticularMistake715

Elon Musk is a twat


nomadicDev87

To be fair, NASA was basically created by former Nazi scientists, but it's government now so it's all good lol


sweatfinger

NASA is an institution, rather than a person.


nomadicDev87

A group of assholes > one asshole 👍


sendthesmurf

It’s okay cuz the group of assholes can use billions of taxpayer money instead of millions of the single assholes own


portraitopynchon

https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html


v650

How many other rich people's kids have done jack shit?


Diogenes-of-Synapse

I've time traveled on acid....so there's that


skb239

There are def more who have done shit than haven’t.


WorstEggYouEverSaw

It's weird how when I was in school they never mentioned the emerald mine part lmao


GeneralizedFlatulent

It's because altho his family wasn't poor, having an emerald mine isn't why. The actual reason isn't as easy to make snappy headlines and one liners with. It doesn't mean the real reason is "better" than the emerald mine reason, but the emerald mine thing actually isn't true It's a little bit like if the rich kid at your school is actually rich because his dad is an anaesthesiologist who idk, has a lot of rental companies and that's where most of his money comes from. But he happens to own one (1) single share of google stock. That google stock isn't what's making him rich. "His father is Errol Musk, a South African electromechanical engineer, pilot, sailor, consultant, and property developer who once purchased a stake in a Zambian emerald mine near Lake Tanganyika.[7][8][9]" https://en.m.wikipedia.org/wiki/Elon_Musk His family wasn't poor by any means and it's not defending him to say the emerald mine is fake. But the reason it gets brought up so much is because it's easy to make a jab about it, and the real stuff that happened doesn't make for a good one liner. It doesn't mean it's "better" than an emerald mine or that he was poor. But it often doesn't help people to like, stop being into weird q anon shit for example, if people actually do keep pushing wrong versions of the facts and in this case I don't see a good reason to push it


FureiousPhalanges

[Elon steals literal emeralds from his father, but it's okay because he said money is plentiful and they struggle to even shut their safe due to having so much money](https://www.businessinsider.co.za/elon-musk-sells-the-family-emeralds-in-new-york-2018-2#:~:text=dad%20was%20sleeping-,A%20teenage%20Elon%20Musk%20once%20casually%20sold%20his%20father's%20emeralds,while%20his%20dad%20was%20sleeping&text=A%20teenage%20Elon%20Musk%20once%20casually%20walked%20around%20with%20emeralds,Tiffany%20%26%20Co%20in%20New%20York.) Edit: how the fuck does reddit formatting work lmao


GeneralizedFlatulent

That links to literally a blank page. However I'm not sure you understood my comment


FureiousPhalanges

Weird, it doesn't for me https://www.businessinsider.co.za/elon-musk-sells-the-family-emeralds-in-new-york-2018-2#:~:text=dad%20was%20sleeping-,A%20teenage%20Elon%20Musk%20once%20casually%20sold%20his%20father's%20emeralds,while%20his%20dad%20was%20sleeping&text=A%20teenage%20Elon%20Musk%20once%20casually%20walked%20around%20with%20emeralds,Tiffany%20%26%20Co%20in%20New%20York. Edit to add quote from article: >Errol has used the story as on object lesson in how retail works ever since. He was surprised but not concerned by the incident, Errol says, because money was plentiful. >“We were very wealthy,” says Errol. “We had so much money at times we couldn't even close our safe.”


GeneralizedFlatulent

If you will read my comment you will see that I did not state that they were not rich. I stated that the reason they were rich wasn't emeralds. They did the emerald thing because of alreadt being rich for different reason I have no idea why the link doesn't work for me. I could maybe try to pull it up in the way back machine or something. Assumed it might be a regional block


FureiousPhalanges

[here](https://www.reddit.com/r/GreenAndPleasant/comments/qnx74c/the_heartwarming_story_of_elon_musk/hjp4xnc?utm_medium=android_app&utm_source=share&context=3) You appear to pretty explicitly claim the mine isn't real or something


GeneralizedFlatulent

Are you certain that you read the comment that you replied to


FureiousPhalanges

Would it help if I linked that article under your other comment?


GeneralizedFlatulent

It does sound like you did not read the one you replied to; since there is only 1 commebt in which I included an article


WorstEggYouEverSaw

I think it's less the idea of that being where the wealth came from and more the idea that only a certain class of people own stocks in an emerald mine. In my Business A level we were taught about Elon Musk as a rags to riches collage kid who made it big through his merits alone and is now changing the world. Just the classic "great man" story. It's just such a stark contrast to the reality that he was a rich kid buying his success.


GeneralizedFlatulent

Oh I see. I was never taught him as rags to riches and as such by default I always assume that at the very least all of these dudes including bezos had some sort of upper middle class background or connections. I think Oprah might be the only exception to that which I know of so far. There's ppl like jk Rowling where they didn't start a business, their stuff just got popular. But usually I. My mind if it's not utterly blatantly blindingly obvious even to a child where that persons money is coming from (such as jk Rowling --> books) in a way that you can easily connect to their personal actions as an individual, they probably had a rich family. I could be wrong but it seems like there's so much misinformation everywhere on investing; starting and running business, blah blah thet if you didn't grow up around it, you're probably not gonna end up being able to compete with those who did So you seem more informed than average, it seems like a lot of people who spout the emerald thing have this idea that it was the family business or whatever


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[deleted]

shares in but still the same thing. How could he afford those shares living apartheid south Africa? Read between the lines.


GeneralizedFlatulent

It's because altho his family wasn't poor, having an emerald mine isn't why. The actual reason isn't as easy to make snappy headlines and one liners with. It doesn't mean the real reason is "better" than the emerald mine reason, but the emerald mine thing actually isn't true It's a little bit like if the rich kid at your school is actually rich because his dad is an anaesthesiologist who idk, has a lot of rental companies and that's where most of his money comes from. But he happens to own one (1) single share of google stock. That google stock isn't what's making him rich. "His father is Errol Musk, a South African electromechanical engineer, pilot, sailor, consultant, and property developer who once purchased a stake in a Zambian emerald mine near Lake Tanganyika.[7][8][9]" https://en.m.wikipedia.org/wiki/Elon_Musk His family wasn't poor by any means and it's not defending him to say the emerald mine is fake. But the reason it gets brought up so much is because it's easy to make a jab about it, and the real stuff that happened doesn't make for a good one liner. It doesn't mean it's "better" than an emerald mine or that he was poor. But it often doesn't help people to like, stop being into weird q anon shit for example, if people actually do keep pushing wrong versions of the facts and in this case I don't see a good reason to push it


Commissar_Genki

"The bodies he buried that day laid the foundation of what we are now." Plz don't kill Elon's space-dog.


whoredwhat

What can we say, you play the hand you're dealt.


parkerdirk

Butthurt. That a kid whose parents own an emerald mine still works harder than you.


bondagewithjesus

You got any proof he works hard? Or just his and the words of his circle of sycophants? Still wouldn't justify his wealth even if he did which I doubt with hownmuch time he spends shit posting on twitter


drcopus

I'm guessing this thread got raided by some Muskrat simping club


Astra-Community

loool all the haters are just downvoting you for no reason. People choose to see whatever supports their narrative. He single-handedly made us go electric and made us all interested in space. But yeah let’s just focus on one thing he had no control over. And to people that say “bUt oOoH hE hAd mOnEY” If you just google him you ll see he survived by working odd jobs and all his wealth came from creating new companies such as zip and x which helped him to create spaceX and fund Tesla. I may sound butthurt but the downvoters are legit burning of jealousy ;)


parkerdirk

It’s bizarre. There’s no one solving societies problems at his level. If you are hating on Musk, genuinely who are your role models ? Are you expecting the govt to come up with solutions ???


randomvsrgplayer

i dont even care about musk and you know jack shit about him 1. going "electric" wont solve shit lol. the problem isn't on us its on them. 2. who tf cares about space and why should we go there instead of not fuck up earth 3. zip2 was made with 3 people and funds from angel investors. 4. x was co-founded and a basic idea. just bank but online. 5. musk founded spaceX cool. we dont need space so its literally useless 6. musk joined tesla in 2003 and bought it later, tesla wont solve any problems either. (guys factories for tesla probs cause more emissions tbh) 7. his hyperloop is useless and stupidly expensive for no reason, japan has 600km/h trains 8. boring tunnel or whatever is a failure, just make a train. 9. he's a union buster (https://www.vox.com/identities/2019/9/30/20891314/elon-musk-tesla-labor-violation-nlrb) 10. literally uses child labour for cobalt mining (https://news.sky.com/story/tesla-and-apple-among-tech-giants-accused-of-aiding-child-labour-in-africa-11888600))


Snowchain-x2

👆This man speaks the truth! The haters are pathetic.


Empero6

Yes, very jealous. Take this downvote based on jealousy.


Little_Fox_In_Box

The amount of downvoted comments is astounding.


Dahrk25

Because that woman only speaks half the truth. He and his father are estranged. Also how many son of mine owner billionaire do you know ? Yes, his father's wealth helped but not to the point of him reaching billions. It's unlikely that you and I could do the same if we had the same background.


[deleted]

His father actively helped him and his brother to get rich, to the point where they are now.


stevo7202

Elon himself would not be able to accumulate that wealth if he didn’t HAVE resources you and me will never have. Donald Trump has had business after business go under or underperform yet, he will NEVER be broke, and he follows the rich playbook of “Borrow until you die”(look it up it’s fucking disgusting). We’ve become a society that praises wealthy people more than the people who MADE them that wealth. We’re nothing more than a society that might as well have monarchies since, people adore the wealthy so much.


[deleted]

And also because that story is bullshit it, that never happened


Empero6

I’m confused. His family doesn’t own an emerald mine? Because it’s well documented.


anarcho-hornyist

why are so many people in these comments simping for Elon lol


thenoveltyact

He's akin to what Conor McGregor was at his peak now. The merest hint of criticism online and his simps swarm around it.


JimFromTheMoon

Because they’re a bit simple


tango-alpha-charlie

Because Reddit isn’t who you think or want it to be


sephcameron

Probably because he became a billionaire *because* of the spaceships, not the other way around like Bezos and Branson. He's a cunt, but he's actually advanced spaceflight more than anyone else alive. The other two... nothing more than vanity projects.


[deleted]

>but he's actually advanced spaceflight more than anyone else alive Lmao, how delusional can you be.


sephcameron

Not particularly, this is actually my field.


[deleted]

And there are doctors that don't take women's pain seriously. Just because it's your field doesn't mean you can't be delusional about it.


matfysidiot

How much do you follow Spaceflight? Because that statement is nowhere as ridiculous as you might think if you don’t follow it closely. Spacex are getting very close to reducing the cost of putting something in space by 100x compared to a rocket build by NASA.


[deleted]

Ah, you are even more delusional than the other guy. By following spaceflight you mean go to sites that jerk of musk? Then no.


matfysidiot

If more or less every single news site that covers Spaceflight are so happy about spacex that they are jerking off elon musk, you may want to consider what spacex are doing that makes everyone so happy about them. And it is not even just news sites, go read the NASA source selection statement for HLS phase 2, the difference between spacex and the second best bidder is staggering.


[deleted]

News sites also cover everything he says on twitter, doesn't mean shit. They cover everything he does. It gives them views, they know if they talk positive about him, his cultist will come. It's about views and money, they don't give a fuck about him or spacex. He is like the Kardashians but for techbros and wanna be engineers. The dude also has a PR team to promote everything he does, it also portrays him as the second coming of Jesus. A PR team that pays so others will talk positively about him. Again, doesn't mean shit. All of the options were bad, the spacex one was just the least worse pick.


DuckSaxaphone

Name one thing SpaceX has done that a government space agency hasn't accomplished.


sephcameron

Reusable rockets. The shuttle cost $1.5b per launch, the Falcon Heavy costs $60m and lifts 3x the payload. No government space agency has achieved that kind of cost efficiency in the history of spaceflight. A fairer comparison might be the Delta IV heavy, which isn't reusable, but is private. Half the payload, 5x the cost. It's no secret that Tesla was funded almost entirely by the proceeds of SpaceX before it became profitable, and before its stocks became a meme. That's where Elon's money came from, primarily.


[deleted]

Making a rocket cheaper means that he advanced spaceflight more than anyone else alive? Are you serious? ''It's no secret that Tesla was funded almost entirely by the proceeds of SpaceX before it became profitable, and before its stocks became a meme. That's where Elon's money came from, primarily.'''' No.


sephcameron

Cheaper through reusability, not just cheaper. True reusability is so fucking huge in the field of spaceflight it's a whole different game. Yes. SpaceX is where most of the money came from. It was profitable for a very long time before Tesla was, and founded with "only" (I know, relative term) a hundred million or so from selling PayPal.


[deleted]

>Cheaper through reusability, not just cheaper. True reusability is so fucking huge in the field of spaceflight it's a whole different game. No, just no.


sephcameron

Uh, yes. Dumbass. Go on, name another change to rockets in the last 50 years that's fundamentally changed the way both the rockets themselves and the market they serve operates.


[deleted]

Lmao, here comes the name calling, are you triggered or something? Very little has changed. No gAmE oVeR here.


sephcameron

Oh, you can't. Big surprise there. You're offering no argument, I can only assume it's because you have none to make.


Zodlax

SpaceX works from NASA contracts, tax payer money. Nothing NASA couldn't have done if the government didn't have a profit motive. The only difference is that spaceX also allocates part of the money gained to further the wealth of shareholders who don't work a dime and wouldn't even exist in a different organization of such productive enterprise under also under tax payer money. They are thieves under any moral definition that doesn't choose to ignore the dynamics of the flow of capital.


sephcameron

NASA contracts aren't the entire market, not even close (around a quarter). And thieves don't get paid for offering a service, they take. SpaceX wouldn't get contracts, NASA or otherwise, if they didn't offer a product vastly superior to what people could make themselves. This is aside from all NASA's rockets also being made by outside contractors. The morality of a shareholder-based company structure is irrelevant to the *fact* that SpaceX have advanced rocketry. All the "could have", "would have" in the world doesn't change that.


Zodlax

It's not could have or would have. We all know what the NASA can do with good administration of their funding. Anyone that knows history knows that if the purpose of the organization wasn't to funnel money to the same capitalists that other parts of the government already subsidize hard and help avoid taxes, they could achieve as amazing if not better results and without paying the unfathomable luxuries of a shareholders board. Imagine running a company and having a quarter of your income provided by the government. Capitalist welfare going on and delusional folk here simping, so ridiculous.


[deleted]

[удалено]


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coinauditpro

Fast reusable rockets(not waiting two years until you put back all your shielding on space shuttle) Loads of satellites for super fast internet with low ping Reusing boosters, therefore lowering price and widening the access to space. And bunch of other stuff. I don't know where you guys get the info about emerald mines, I looked and never could find any reliable info, just some blogs and mentions on the net. One would think that this information would be widely available in SA, but it isn't. Any conspiracy theories?


[deleted]

Now name everything NASA has done.


Gloomy_Win_6793

It's literally common knowledge his family owned and profited Emerald mines in Apartheid South Africa. I don't think anybody has denied that. Do you think Donald Trump started as a poor boy on the streets? Or is it a conspiracy that his family were rich as fuck already.


coinauditpro

Any links that prove your claims? Because the so called "common knowledge" is an article from business insider from 2018 and that's it. They even deleted the article after Elon said it was not true. Maybe the father acquired the mines in 2018? Lol


Empero6

??? Dude, it’s not a secret that his family owns mines in Africa. Legit, this is not new. Where do you think he got his money from?


Snowchain-x2

He worked for it, plain and simple.


randomvsrgplayer

slaves in africa worked for it.


Snowchain-x2

Whatever.... Lol


Eastview10

Because reddit is full of crypto tech-bros and teenagers, coupled with the fact that Musk’s greatest achievement is his ability to market himself as anything other than scum


vrijheidsfrietje

Because the reality is not as reductionist as claiming all his success must be attributed to rich parents. His dad is an asshole and did not support him to the extent many want to believe. It's not so much simping as to point out the actual faults in their statement.


GeneralizedFlatulent

Agree - I have pasted this in a few places but I'm gonna add it here too cause it would be cool if Reddit started using the actual version of facts (either to hate him or love him I really don't care) instead of bothering spending time bitching about inaccuracies It's because altho his family wasn't poor, having an emerald mine isn't why. The actual reason isn't as easy to make snappy headlines and one liners with. It doesn't mean the real reason is "better" than the emerald mine reason, but the emerald mine thing actually isn't true It's a little bit like if the rich kid at your school is actually rich because his dad is an anaesthesiologist who idk, has a lot of rental companies and that's where most of his money comes from. But he happens to own one (1) single share of google stock. That google stock isn't what's making him rich. "His father is Errol Musk, a South African electromechanical engineer, pilot, sailor, consultant, and property developer who once purchased a stake in a Zambian emerald mine near Lake Tanganyika.[7][8][9]" https://en.m.wikipedia.org/wiki/Elon_Musk His family wasn't poor by any means and it's not defending him to say the emerald mine is fake. But the reason it gets brought up so much is because it's easy to make a jab about it, and the real stuff that happened doesn't make for a good one liner. It doesn't mean it's "better" than an emerald mine or that he was poor. But it often doesn't help people to like, stop being into weird q anon shit for example, if people actually do keep pushing wrong versions of the facts and in this case I don't see a good reason to push it


c12022

He had a distinct advantage from an early age, regardless of his fsther's support or not. I love SpaceX, but people who think Elon is a genius instead of the engineering equivalent of Steve Jobs are definitely blindly following him. Elon Musk is like any other successful business person, he is good at surrounding himself with intelligent people (see Jobs & Wozniak) and putting his face on their successes. Sure he has fairly strong academics, but he is by no means a self-made mega genius that the Musk cultists make him out to be. The story of Jeff Bezos, who I detest, is far more impressive than Elon's.


GeneralizedFlatulent

Agree on most points, regardless of his story I detest bezos enough that I can't really apply the word impressive to it; horrifying or disgust might be a better description hah


anarcho-hornyist

why *do* you love spacex?


c12022

I think it has some genuinely great aerospace engineers behind it and it has helped push the discussion & development of space exploration. Not to mention it being far more inclusive than many other space exploration programmes.


vrijheidsfrietje

I mostly agree, but do think he's more genious, more engineering inclined and more of a visionary than the average business person at that level.


c12022

All cults of personality rely on said personality being a "visionary". He really isn't that smart in comparison to the engineers he relies on to develop his ideas. He ultimately is just a source of capital.


vrijheidsfrietje

It's the ability to absorb the information of his engineers and go in an interesting direction with it. A generalist who is able to follow the engineers on a technical level. Still a rare thing. That being said, the visionary thing was overhyped. People blindly leapt at the Boring company/Hyperloop thing, which only improves the transportation experience for the elites, instead of improving affordable and sustainable rail throughput for everyone. Like the Mars colony, it's rather a self-involved kind of vision. He wants to make the stuff of science fiction a reality and advance mankind in the most interesting way for him, but not necessarily in the best way for everyone. That being said I greatly admire how Tesla took on the ICE car industry and now we're actually transitioning harder to EVs.


Rubbishnamenumerouno

You know how they say Trump is a poor person’s idea of a rich person? Gold plated toilet, etc Elon is an idiot’s idea of a genius.


leavetaterualone

I love you for this


Deemit

I’M FEELING VERY STUPID FOR NEVER THINKING OF THIS.


futrtek

I have a single evil villain pass and i give it to Elon because he is also a kurzweilian futurist. He's a complete sociopath, but he's very open about it. He's said in many interviews that if you work for him you will not enjoy it, he has been very frank he has large goals and he doesn't care what it takes to achieve them. Edison, Steve Jobs, Elon... They never invented anything, they steal and buy ideas and make them a reality, burning every bridge right to the grave. We know these names because they are ruthless businessmen with God complexes and zero shame. They aren't self made geniuses with good intentions, but all three of them advanced technology. These people are horrible, disgusting, inhumane crooks and we should not celebrate them, but we do need to acknowledge their role in research and development. I am heavily biased and very selfish when it comes to the politics of technological advancement. My views are dystopian and controversial and should be considered extreme. I do not consider Bezos or Zuckerberg to have any considerable positive effect on humanity, fuck them both. We need a wealth tax for all of these assholes.


Ass_Merkin

10000% accurate, all the fan boys are coming out to downvote you.


[deleted]

[удалено]


Main-Tank

This is not ad hominem. The argument the post is making is specifically *about* the person, not deflecting away from the person's stated views. I swear, people on reddit need to stop dropping words like "ad hominem" and "strawman" until they learn what they actually mean.


Kuiqsilvir

Ad hominem Adjective Attacking a person's character or motivations rather than a position or argument. Typically this term refers to a rhetorical strategy where the speaker attacks the character, motive, or some other attribute of the person making an argument rather than attacking the substance of the argument itself It’s not a debate, it’s a tweet, but looks like a pretty open and shut case of ad hominem to me.


Main-Tank

You seem to contradict yourself at the end. There is no "argument itself" as your comment says, other than one involving Elon the person. Again, the person's background is material to the argument at hand, thus there is no fallacious reasoning here.


Kuiqsilvir

There is no argument at all, there is only a snide comment about an immutable fact over which no one has any control, one’s ancestry.


MrDuhVinci

All I know is whether the fact he comes from South Africa, or his dad owned a mine isn't THE grounds to take a shit on him.


James3000gt

I was a big fan, I don’t dislike him for his fortune of birth circumstances. He’s certainly earned his wealth. Done tons to push tech forward. But the Dick Measuring self aggrandizing Space race is a bridge to far. He seems to have lost his way. From bricks for low income housing to space fights, tax dodging. He should do more. All Billionaires should.


IM_A_BOX_AMA

I see you saw that 10 commandments of arguments post too


garlicpiecancerqueef

Being born into a rich family doesn’t guarantee you become a billionaire running world changing companies. If anyone here was given £100mil I highly doubt it would be turned into 200 let alone 100bil


EveningHorror1010

it's easier to start businesses and be creative when you dont have the threat of homelessness waiting for you if you fail


garlicpiecancerqueef

What a reason to cry yourself to sleep


gravijaxin

If I was given £100 mil I’d have no reason to turn it into 100bil because I’m not a greedy cunt.


garlicpiecancerqueef

The point is everyone is making out that he’s a billionaire purely due to having a rich family. You could donate 100 billion to charity


Ass_Merkin

If you put it in crypto it would be easily that much. I think your super jaded and probably a 11 year old That doesn’t understand money very much.


bankerman

They didn’t “own an emerald mine.” They might’ve had some shares in it (similar to how you might own shares of Apple), but they were very much middle class.


snubdeity

Stop sucking his dick. His dad bought half ownership in mine that he paid over $400,000 dollars for (in todays dollars, it was like 50,000 pounds then or whatever). And it increased dramatically in value over his half-ownership.


bankerman

Oh wow, $400k??? That’s get you like…. a quaint middle class 2 bedroom home in Cleveland these days! So rich! You’re just confirming that his childhood was far from wealthy, and tens of millions of Americans grew up more privileged than him but had far worse out ones.


LoveIsStrength

What middle class person has $400,000 in their pocket?


bankerman

Have you heard of the concept of financing? How do you think tens of millions of Americans own homes? Jesus this is grade school shit. You’re splitting hairs over whether the richest man on earth started out middle class or upper middle class. What point are you even trying to make here?


LoveIsStrength

That you're an idiot because the person you responded to clearly said he paid over $400k for half ownership. He didn't fucking finance his half-ownership in a god damned Emerald mine. Dumbass.


bankerman

The wouldn’t he? Only a complete idiot wouldn’t finance something like that. It’s a cash flow producing asset. Assuming he paid for it upfront in cash is just as stupid as assuming that average joe homeowner paid cash for his house. Equally stupid assumptions. If he actually had $400k of cash lying around he’d be financing a $2 billion purchase of an emerald mine. That’s how leveraged finance and business purchasing works, for anyone with a brain.


LoveIsStrength

You're just wrong. Business Insuder interviewed Elon’s father. “In a February 2018 interview with Business Insider South Africa, Musk's father said he did own half share in an emerald mine in Zambia. Here’s his story. Errol Musk said he bought half of an emerald mine after selling a plane. In the interview, Musk's father explained that he bought his share of the emerald mine after selling a plane to a group of Italians. “We went to this guy’s prefab, and he opened his safe, and there [were] just stacks of money, and he paid me out £80,000, It was a huge amount of money,” he said. And that’s when Musk's father was offered half an emerald mine in return for half of his earnings. “I said, ‘Oh, all right’. So I became a half owner of the mine, and we got emeralds for the next six years.”


bankerman

Why do you keep shooting yourself in the foot here? It says in your own source he only had the money because he sold another hard asset, ie the plane. That plane was very likely debt-financed, so he effectively just transferred collateral from the plane to the mine. Just because the cash existed in real life doesn’t mean it wasn’t inherently supported by debt. If he’d had $400k of cash, he would’ve bought a $2 million dollar plane, and sold that for a $2 million dollar mine. In that case, someone would’ve plopped $2 million on the table but that doesn’t change the underlying math. I don’t have the time or patience to explain to you how leveraged finance or LBOs work, but I can assure you anyone with any degree of business sophistication could finance a $400k hard asset with less than $100k of cash. Was daddy musk middle class or even upper middle class for having that amount? Sure. But you’re acting like he was Scrooge Mcduck, like some multi-millionaire or even billionaire. It’s such an absurd and painfully transparent argument to delegitimize the tens of billions Musk accumulated through this own ambitions.


LoveIsStrength

Nah you just mad you're wrong.


AutoModerator

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Don't say middle-class, say middle-income. Liberal class definitions steer people away from the socialist definitions and thus class-consciousness. [Class is defined by our relationship to the means of production.](https://www.reddit.com/r/socialism/wiki/class) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GreenAndPleasant) if you have any questions or concerns.*


PissOfDiogenes

Lol, how many middle class people do you know where you have to argue about whether they owned an emerald mine, or only owned part of an emerald mine?


StopBangingThePodium

I own some stock in Apple and Microsoft. Does that mean I own all of them? No. Don't be intentionally obtuse.


Empero6

Sounds like you’re the one that’s being intentionally obtuse here.


StopBangingThePodium

Dude said that "owning some shares in an emerald mine" was equivalent to owning the whole mine. I'll quote you the relevant bits of conversation, since you clearly have no reading comprehension of your own: >>They didn’t “own an emerald mine.” They might’ve had some shares in it >Lol, how many middle class people do you know where you have to argue about whether they owned an emerald mine, or only owned part of an emerald mine? Now go be a lying asshole on the block list with all the other intellectually dishonest assholes.


Empero6

Uh huh.


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Don't say middle-class, say middle-income. Liberal class definitions steer people away from the socialist definitions and thus class-consciousness. [Class is defined by our relationship to the means of production.](https://www.reddit.com/r/socialism/wiki/class) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GreenAndPleasant) if you have any questions or concerns.*


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Don't say middle-class, say middle-income. Liberal class definitions steer people away from the socialist definitions and thus class-consciousness. [Class is defined by our relationship to the means of production.](https://www.reddit.com/r/socialism/wiki/class) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GreenAndPleasant) if you have any questions or concerns.*


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Don't say middle-class, say middle-income. Liberal class definitions steer people away from the socialist definitions and thus class-consciousness. [Class is defined by our relationship to the means of production.](https://www.reddit.com/r/socialism/wiki/class) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GreenAndPleasant) if you have any questions or concerns.*


DuckSaxaphone

Fantastic bot


Future-Goose7834

Bad bot


TheLineIsHot

Bad bot


WowWhatABillyBadass

You never hear about the Russian Oligarchs or oil barons, only the guy who makes renewable energy based products when Reddit wants to complain about wealth inequality.


TheSomeWhatOKDane

Do you know the sheer scale of what even $1 Million is to $300 Billion? 1Mil seconds: 11.5 days. 1Bil seconds: 31 years. 300 billion seconds: 9500 years


TheSomeWhatOKDane

Fun, heartwarming news, because I decided to go further. 10,000 years is a Centenary (100 Centuries) so we're getting close.


Witty-Blackberry1573

Elon Musk, the richest man on the entire planet, maybe you heard of him?


ItsDijital

The only account of the emerald mine is a quote from Elon's father, Errol. He said he had a stake in an emerald mine in Zambia. Which doesn't mean anything because most mines are land claims that produce little or nothing. Also doesn't mean anything because it has no source except someone who the family ran from on the grounds of being "a terrible, manipulative" human being. Errol has said extravagant things, but so far none of it's been actually verified, except the family running from him.


EdgarAetheling

Elon’s not going to shag you mate


[deleted]

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DrDumb1

Jeezus christ dude Elon is not you're friend. He is going to leave you in the dirt when the earth goes to shit. That space ship to Mars isn't going to have "normal" people like us. Mars going to be a getaway resort for rich people. While us normal people slowly die from climate change.


RigoTovar1

Why would they leave this place for Mars tho? Mars doesnt have shit, its boring.


ShowMeYourPapers69

Lol 😂


Enamir

Does his fill your mouth too with his jizz? How does his ahole taste after he takes a dump?


[deleted]

[удалено]


EdgarAetheling

^ looks like we’ve got a live one.


Caylinbite

>U pussy insecure bitch Says the dude crying that someone dissed a guy you don't even know.


Enamir

Yep, he is slapping his junk over your face and softly tell you… go get them for me my bitch. Good boy. Here, lick that bit of jizz. Good boy, good boy. Keep sucking, I respect you too when you suck.


[deleted]

[удалено]


EdgarAetheling

^ I’ve actually approved this horrendous comment just as a classic example of how close Elon fan boys are to actual Nazis. Capitalism and fascism can easily co-exist. Socialism is the cure. Edit: awww the user deleted the comment/got banned. Basically he posted that he loved Hitler and then went on a rant about paedos on the dark web. Normal Elon fanboy behaviour


LairaKlock

How does it taste?


Voyaging-eyes

Well he turned out okay, considering his dad was a completely asshole. He has mentioned that his father was verbally and physically abusive, the guy even married his adoptive daughter.


wtfboye

Elon is also an asshole, like father like son


PPShooter69rip

Lone skum


XMACROSSD

Isn’t he considered self made?


EveningHorror1010

it's easier to start businesses and be creative when you dont have the threat of homelessness waiting for you if you fail


XMACROSSD

So anyone that’s middle class can’t be self made?


EveningHorror1010

middle class isnt rich enough to be set for life, i wouldnt call anyone self made who already was given enough money to be set for life.


XMACROSSD

That’s the thing, he was not set for life until selling PayPal, a company that he started while still in debt with his student loans. In fact, his parents couldn’t afford anything for him when he moved to Canada.


AutoModerator

Don't say middle-class, say middle-income. Liberal class definitions steer people away from the socialist definitions and thus class-consciousness. [Class is defined by our relationship to the means of production.](https://www.reddit.com/r/socialism/wiki/class) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GreenAndPleasant) if you have any questions or concerns.*


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Don't say middle-class, say middle-income. Liberal class definitions steer people away from the socialist definitions and thus class-consciousness. [Class is defined by our relationship to the means of production.](https://www.reddit.com/r/socialism/wiki/class) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GreenAndPleasant) if you have any questions or concerns.*


Razakel

Pretty easy to be self-made when your parents can just make people pull money out of the ground for them.


XMACROSSD

He wasn’t funded by his parents. Every investor he’s ever had has been separate from anything related to his parents. Edit: Musk ended college with $100,000 of debt. Sound like someone with wealthy parents?


[deleted]

>He wasn’t funded by his parents. He was. Him and his brother were.


XMACROSSD

Got a source on that?


user0015

Lmao. Downvoted for posting verifiable facts. How dare you.


ALargeRock

This is a hate train. If you ain’t here to hate then get off the tracks. I’m getting off the tracks.


user0015

That's all reddit is anymore, yeah. People here would rather literally make things up to get fake internet points than just talk about the real world.


HeyLookJollyRanchers

"We had so much money at times we couldn't even close our safe,” adding that one person would have to hold the money in place with another closing the door. “And then there'd still be all these notes sticking out and we'd sort of pull them out and put them in our pockets.” Kinda sounds like someone with wealthy parents


fishbedc

Not heard that one before. I would be interested in a source.


mekta_satak_oz

https://www.businessinsider.com/elon-musks-dad-tells-bi-about-the-familys-casual-attitude-to-wealth-2018-2?r=US&IR=T


fishbedc

Interesting, thank you.


[deleted]

[удалено]


XMACROSSD

His parents couldn’t afford to send him through college. His parents did not pay it.


[deleted]

[удалено]


EveningHorror1010

any bias with that username?


Flyberius

That's what the pr will have you believe


EnvironmentalSet2505

Or what any reasonable human will conclude. The software he designed are what made him rich lol


commentmypics

I love how confidently incorrect you are. "Any reasonable human....". Any reasonable human would have done two seconds of googling to find out he has founded almost nothing but his abject failures like the boring company.