Some people are like this. Ever major religion and thought movement throughout history recognizes people like this. They need to have more for themselves even (and in many cases especially) if it means less for others. In pre-history when we lived in small groups and we really knew each other the group could identify and isolate and disempower them. Populations grew and so did their ability to lie and get away with it. To deceive and amass power. To exploit the systems that we built to help the collective to their own ends.
That said, he needs the wealth to keep the whole machine from falling over. One element might be stable but the rest is overstretched and about to go bankrupt at any minute. He is doing this to get back control of Tesla while also investing in AI and not exploding.
He is running forward falling and his wealth legs need to keep up or it all goes down hard (and takes a bunch of bagholders with)
Spending it is not the goal, having the wealth is.
Remember the ridiculous Tesla compensation package that he demanded? That's about having wealth, it's not about spending it.
And if he spent only 300M and was able to elect president with it, more power to him. He must know something about efficiency as others spending so much more couldn't do it. Ridiculous points. I can bring them up too.
And in this case the topic of discussion is how one specific individual spends their money - so Biden and Democrats and whatever other axe you have to grind is totally irrelevant.
> "I think SpaceX is a solid well run company"
This should be all the proof you need that it's a scam. Here's why:
The company isn't "SpaceX" it's "SpaceXAI", and nearly all of the valuation comes from the "AI" component, not the "SpaceX" component.