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My man Musk becomes world’s first trillionaire

I wish I could read about this time in 500 to 1000 years from now. Will they interpret these technocrats as kings? Elon could just buy all the textbook companies with his petty cash and totally re-write his own history :P

I don't think thre is really any other way to harness the resources and the durable will to get to Mars than to hand it to a mad genius.
 
As you said earlier its not his personal wealth, just his wealth in assets.

While its an insane amount, I do give Musk a pass compared to other billionaires i the sense of he is employing people, funding future tech most importantly interstellar travel which we're gonna need, its inevitable.

Interstellar travel is not going to be cracked by Musk or Space X. At current technology, it would take thousands of years to reach our nearest neighbor.

We need AGI and quantum computing to reach that goal within our lifetimes.

But still, nobody needs to be a trillionaire to progress humanity.

Compare that to fuck heads who just have trust funds or like that Rothschild cunt whose entire net worth comes from suing companies, those are the pieces of shit , those who aren't distributing the wealth even a little bit who I hate.

I still don't think a human needs to have a net worth that high. It's insane.

So while Musk definitely has too much net worth,

We agree.
 
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Howling at the socialist leftist politicians from all over the world posting on X (the irony) that they want to tax him because they think he has a literal trillion dollars on his bank account.

Elon the god, keep on trucking my dude.
 
I will always wonder how many people that are complaining about this have a 401k with either a targeted date fund or an index fund. (Yes I know it's not in an S&P500 index fund but it probably will be fairly soon and expanding the economy through this can only make your retirement portfolio more valuable.)
 
As you said earlier its not his personal wealth, just his wealth in assets.

While its an insane amount, I do give Musk a pass compared to other billionaires i the sense of he is employing people, funding future tech most importantly interstellar travel which we're gonna need, its inevitable.

Compare that to fuck heads who just have trust funds or like that Rothschild cunt whose entire net worth comes from suing companies, those are the pieces of shit , those who aren't distributing the wealth even a little bit who I hate.

So while Musk definitely has too much net worth, I dont see much to condemn him other than its seems to be an absorbadent amount for one person
Interstellar travel isn´t happening. In the end SpaceX and the like are just a waste of money and ressources that could be used to improve life on earth.
 
Interstellar travel is not going to be cracked by Musk or Space X. At current technology, it would take thousands of years to reach our nearest neighbor.

We need AGI and quantum computing to reach that goal within our lifetimes.

But still, nobody needs to be a trillionaire to progress humanity.



I still don't think a human needs to have a net worth that high. It's insane.



We agree.
he won't crack it and none of us will see it, but lets not forget the US and most of the world completely gave up on space travel. that is why SpaceX is years ahead all of the competition when it comes to innovations.

Without him (his money) kickstarting the space race again and revving the engine we'd be stuck in 2010 technologies still.

no human does but when a human does and at least circulates some of that wealth back into the economy even it's it's not enough, it's still not my primary target for rich person who must be fined/sentenced for their wealth.

There are much much nastier, evil billionaires out there who lurk in the shadows and don't anything with that money except horde it.
 
Interstellar travel isn´t happening. In the end SpaceX and the like are just a waste of money and ressources that could be used to improve life on earth.
it's not gonna happen in our lifetimes but it will happen, not how we imagine it in our sci-fi shows and movies though where you press a button and activate a special FTL engine that zoops you to another part of the universe in a second.
 
it's not gonna happen in our lifetimes but it will happen, not how we imagine it in our sci-fi shows and movies though where you press a button and activate a special FTL engine that zoops you to another part of the universe in a second.
Not with humans involved. We´re simply not cut for it. They may be able to send some AI to another solar system one day but who cares? Humanity is not leaving this planet.
 
this shit should not be possible.

One single person does not need and should not be able to obtain that level of wealth. It's absurd and pointless.

He could literally house every homeless person on earth and still never be able to spend a fraction of that money.
 
If you were born on the same day as Jesus and received daily deposits of one million dollars all the way until now, you still wouldn't have a trillion dollars. You would be $200+ billion short.
 
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If you were born on the same day as Jesus and received daily deposits of one million dollars all the way until now, you still wouldn't have a trillion dollars. You would be $200+ billion short.
Well .. That certainly puts things in perspective. 😲
 
he won't crack it and none of us will see it, but lets not forget the US and most of the world completely gave up on space travel. that is why SpaceX is years ahead all of the competition when it comes to innovations.

Without him (his money) kickstarting the space race again and revving the engine we'd be stuck in 2010 technologies still.

no human does but when a human does and at least circulates some of that wealth back into the economy even it's it's not enough, it's still not my primary target for rich person who must be fined/sentenced for their wealth.

There are much much nastier, evil billionaires out there who lurk in the shadows and don't anything with that money except horde it.

That's the sad reality. Governments should be pumping money into research and science, rather than relying on companies like Space X, but it is what it is. Better than nobody doing it.

it's not gonna happen in our lifetimes

It actually might.

To do this we would need AGI combined with quantum computers. Once we have those, our technology advances far quicker than we can imagine.
 
Lord Elon earned every penny of it well deserved. lets hope that there are more great entrapanuers in the future to create opportunity. I don't ever count on the government to do shit right. Shit only gets done when people work toured their own rational self interest.
 
He could literally house every homeless person on earth and still never be able to spend a fraction of that money.

It is a beautifully simple idea on paper. But to do that he would need cash. Because his net worth is on paper he can't just flip a switch and convert that wealth into cold hard cash.

His wealth is equity and it's based entirely on what other people are currently willing to pay for a single share of those companies, then multiplied by the number of shares he owns.

If he actually wanted a trillion dollars in cash, he would have to sell his stock. That would then create panic and other investors would think something is wrong, so would also cash in. As everyone rushes to sell, the stock price would drop like a stone and Musk's net worth is reduced to ashes.

I get why people think this, and the value is obscene, but he doesn't have anything close to this sort of money in the bank to be able to solve the world's problems.
 
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Lord Elon earned every penny of it well deserved. lets hope that there are more great entrapanuers in the future to create opportunity. I don't ever count on the government to do shit right. Shit only gets done when people work toured their own rational self interest.

you are surely joking.. no one 'earns' 1 trillion dollars.

He's built it almost entirely on government handouts, the backs of others, and constant lying to his shareholders :messenger_tears_of_joy:
 
For what profit is it to a man if he gains the whole world, and loses his own soul? Or what will a man give in exchange for his soul? - Matthew 16:26

Amusingly, it's both literally and figuratively applicable in this particular case.
 
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If you were born on the same day as Jesus and received daily deposits of one million dollars all the way until now, you still wouldn't have a trillion dollars. You would be $200+ billion short.

Yes. I love maths facts.

Here is another. Musk has around 6 billion shares in Tesla and Space X.

If he wanted to count his shares one by one at a rate of one share per second, it would take him 190 years just to count them all.
 
Howling at the socialist leftist politicians from all over the world posting on X (the irony) that they want to tax him because they think he has a literal trillion dollars on his bank account.

Elon the god, keep on trucking my dude.
Ironic that they think that's so huge but they have a 2 trillion deficit this year. If they confiscated EVERYTHING he has it wouldn't balance the budget.
 
You need to justify your love of a class of people that wouldn't piss on you if you were on fire.

Not to mention the TESCREAL movement where they literally think me and you should be dead to begin with.



You need to seriously stop browsing resetera, blueksy, reddit or whatever is rotting your brain to spew this inane and insane gabagool. Western tech advancement has elevated our standard of living in ways that are beyond what anyone could think of not even 40-50 years ago.

Your average salary man these days has resources at their disposable that billionaires decades ago would have killed for.
 
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Lord Elon earned every penny of it well deserved. lets hope that there are more great entrapanuers in the future to create opportunity. I don't ever count on the government to do shit right. Shit only gets done when people work toured their own rational self interest.
When companies will start mining asteroids it is going to be crazy.

Also I expect SpaceX to merge with Tesla sooner or later. Would make sense.
 
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you are surely joking.. no one 'earns' 1 trillion dollars.

He's built it almost entirely on government handouts, the backs of others, and constant lying to his shareholders :messenger_tears_of_joy:
who is to say you ever "earned" anything in your life? I bought Tesla stock when it was 45 bucks, he earned every damn penny as far as I'm concerned.
 
That's the sad reality. Governments should be pumping money into research and science, rather than relying on companies like Space X, but it is what it is. Better than nobody doing it.
What, exactly, do you think SpaceX DOES with themoney it gets from the government?

IT PUTS SHIT INTO SPACE!!!

Do you think some university or think tank would spend the money better? Horseshit. It would be billions spent, 50000 papers written, and someomaybene would have chalked out a launchpad......MAYBE.
 
Man makes blue collar workers millionaires, but lets have him off himself.

Go bro, make that money and give it to no one!
 
What, exactly, do you think SpaceX DOES with themoney it gets from the government?

IT PUTS SHIT INTO SPACE!!!

Clam yourself, man. No need to get excited.

The point is that the amount governments spend on science and research is absolute peanuts. On average, Direct government funding for basic scientific research usually accounts for less than 1% of GDP.

It should be more. A lot more.

Do you think some university or think tank would spend the money better? Horseshit. It would be billions spent, 50000 papers written, and someomaybene would have chalked out a launchpad......MAYBE.

Not sure why you only brought up universities, but I'll indulge it anyway.

Yes, if you gave a university billions to build a rocket, you would get an absolute mountain of incredibly valuable peer-reviewed papers on fluid dynamics, metallurgy, and propellant chemistry, as well as a lot of very detailed chalkboard drawings of a launchpad. What you wouldn't get is a hardware production line.

That's fine because that is a university by design. It's needed in some cases. Not in others. Depends what we're researching and the overall goal.

Good thing that isn't the only option open to government spending (See JPL in the US or CERN in Europe)
 
Not sure why you only brought up universities, but I'll indulge it anyway.
I brought up universities because if not a company making shit, where else is the gov gonna spend its money?
Yes, if you gave a university billions to build a rocket, you would get an absolute mountain of incredibly valuable peer-reviewed papers on fluid dynamics, metallurgy, and propellant chemistry, as well as a lot of very detailed chalkboard drawings of a launchpad. What you wouldn't get is a hardware production line.
And the company that MAKES THE ROCKETS already does all this stuff. So instead of theory, we get actual practical design. Catching rockets! SpaceX got there because their risk profile is WAAAAAAAYYYY different than academia or government.

Elon delivered results on a scale, and at a cost, that makes a mockery of almost every government program. We should be thanking the stars every day that he paved the ay for us in this fashion, versus NASA taking 5 years to put a single probe into space.
 
I brought up universities because if not a company making shit,

I see how It's easy to walk away with that impression if we only look at the final construction phase. Universities are not building rockets.

However, without universities, the entire space industry would grind to a halt. Companies like Space X need people who have spent 4 to 8 years at a university learning advanced calculus, orbital mechanics, material science etc.

Universities are also constantly testing the fringe concepts that private companies aren't willing to gamble on yet. Advanced propulsion , astrobiology, research into exotic materials research all excel at universities.

They may not "make shit", but they are at the front of cutting edge research.

where else is the gov gonna spend its money?

CERN and JPL were two examples I gave. There are plenty of other options.

And the company that MAKES THE ROCKETS already does all this stuff. So instead of theory, we get actual practical design. Catching rockets! SpaceX got there because their risk profile is WAAAAAAAYYYY different than academia or government.

What is the argument here? Do you think governments should spend less on science? Maybe my point was clumsy, and if so I apologise because we probably actually agree.

An ideal future is governments spending more on science, but working with private companies like Space X.


Elon delivered results on a scale, and at a cost, that makes a mockery of almost every government program. We should be thanking the stars every day that he paved the ay for us in this fashion

This part I agree with. SpaceX fundamentally redefined the cost of getting to space, and they did it by moving faster than a government bureaucracy ever could.

, versus NASA taking 5 years to put a single probe into space.

This part I completely disagree with. The reason NASA can take five to ten years to put a single scientific probe into space isn't just bureaucracy (though there's plenty of that). It's that both are vastly different.

Space X can build 50 versions, crash 10 of them, and perfect the design because they are operating in Low Earth Orbit. If a Starlink satellite or Falcon booster fails, they just build another one. Simples.

When NASA spends a decade building a probe like the JWST or a Mars Rover, it is because this is a one of a kind piece of custom engineering. It has to survive years of deep space radiation or land on a specific patch of a planet millions of miles away.

There is no room for error because they get one shot and one shot only. If JWST failed, they couldn't knock up another one in a few weeks.

If you gave SpaceX $10 billion to build a deep space telescope they would likely face similar timelines because you simply cannot mass produce or that kind of specialised tech.
 
He could give every person on Earth a million and still have like 300 billion left.


I know you're joking but.... He could give every person on the planet (8 billion people) $100 bucks each and still have money left over.

I don't think people realise how much a trillion dollars actually is. A million fucking millions. Staggering sums.
 
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