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> Musk has been risking other people's money for all of his endeavors...public investors for Tesla (and banks), and government money for SpaceX and SolarCity.
by nickik 8y ago
> Musk has been risking other people's money for all of his endeavors...public investors for Tesla (and banks), and government money for SpaceX and SolarCity.
Yes and all his companies are growing and have a good return on investment. The public loans have been payed back.
There are so many companies who live of the government tit and rarely get called out because of it.
> Other billionaires are trying to make a difference in things that actually matter, like curing diseases or eliminating pollution. Hell, some of them are doing the same things that Elon is, but aren't so self-aggrandizing about it.
I agree that other people are doing good things also (the minority) but Elon is not really doing that. The reality is that society has aggrandized him. Every tweet of his causes a massive storm of tech blog entries, news articles, stock analysts and so on.
Elon for the most part like to make stupid insider jokes do stuff without technology. Everything else seems to be a sort of secondary less interesting things.
- nojvek 8y agoElon delivers. That’s why people write things and there are fanatics. He did something almost impossible with SpaceX and Tesla. Boosters that go up and land back again? That’s nuts. Doing it at a peanut of existing cost. That’s takes some entrepreneurial and engineering skill. A high end pure electric car? That seems like a suicide business. It is however a very highly desirable car. It drives on highways by itself is just science fiction brought closer to reality. Sure the guy says a lot of crap, sometimes his timelines are way off, he could be a bit sexist too. The world probably puts him on a pedestal. You can’t however take away his accomplishments. He’s putting his money where his mouth is and trying to push the world towards sustainable energy/transport and first steps towards possibly another earth.
- coatmatter 8y ago> He did something almost impossible with SpaceX and Tesla. Boosters that go up and land back again? That’s nuts. I'm trying to gauge whether "almost impossible" is literal or figurative here, given that (the) Eagle did the same sort of thing on the moon in 1969 without refurbishment between landing and take-off. Also, Blue Origin is relatively close in competition to Space X even though it might not seem like it to many. Almost impossible?