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A comment on Twitter “no longer exists” as a company, merges into Musk’s X Corp. Parent comment

Re:Twitter “no longer exists” as a company, merges into Musk... by v0idzer0 on Tuesday April 11, 2023 @06:20PM (#35532409)
The main skepticism I see of Musk on here is he’s motivated by greed. Recently saw someone suggesting he’s pumping doge to earn a few million, which frankly is a waste of time for a guy worth $200B. But the evidence strongly suggests otherwise. If anything, he has a remarkable disregard for money. Back when he poured half his (modest at the time) fortune into SpaceX, the idea they would succeed was batshit crazy. Private rocket companies just didn’t exist. Only the worlds superpowers with their infinite budgets and pick of the litter of scientists had made it to orbit. He had to have known there was a 99% chance he’d lose his money.

Tesla and electric cars was somehow even more reckless. EVs were a complete joke and nobody had started a successful car company in the US in decades. Unlike other billionaires, he doesn’t buy yachts or islands or seem interested in anything but work. This whole greed motive just doesn’t hold water.

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Re:Twitter “no longer exists” as a company, merges into Musk... by namaria on Tuesday April 11, 2023 @06:37PM (#35532583)
The greed motive has nothing to do with conspicuous consumption or work ethics, or risk management. He is most definitely motivated by greed, regardless of how he expends the money or perceive risk. I'd go further and say no one who lives on a salary can really grasp how a billionaire calculates risk.
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Re:Twitter “no longer exists” as a company, merges into Musk... by v0idzer0 on Tuesday April 11, 2023 @07:20PM (#35533058)
In my experience, people who start companies for the money always fail, because their conviction is weak. Especially risky ones like EVs and rockets. I simply don’t buy it. I think this attitude is mainly a defense mechanism.
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Re:Twitter “no longer exists” as a company, merges into Musk... by namaria on Wednesday April 12, 2023 @05:49AM (#35537193)
It's a selection bias to think you have insight into enterprise success based on how your friends fared there...
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Re:Twitter “no longer exists” as a company, merges into Musk... by fortissimohn on Tuesday April 11, 2023 @07:13PM (#35533004)
Occams Razor: he wants to be loved/heralded because he does not garner respect in real life. See his failed marriages, Thai cave feud, and the many times on Twitter he has silenced people who criticize him.
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