5 ms·

This guy is only worth $3B, he may be spending half of his entire net worth to make this happen. I hope he inspires the richest billionaires of the world to fun

This guy is only worth $3B, he may be spending half of his entire net worth to make this happen. I hope he inspires the richest billionaires of the world to fund such lofty ventures.

adtac 8y ago
$10M-$20M is more than sufficient for a few generations (in a 100-200 years, our current understanding of the concept of money might not even be relevant, so it's pointless to plan for anything more than that). Anything more is just throwaway cash IMO. If you had the opportunity to become the first private citizen to go to the moon, you'd be stupid to not cement your legacy like that.
- zherbert 8y ago
  I couldn't agree more
- markdown 8y ago
  > If you had the opportunity to become the first private citizen to go to the moon, you'd be stupid to not cement your legacy like that. He decided to share the trip, so he won't be "the first private citizen", merely "one of the first private citizens".
cma 8y ago
He hinted during QA it was 5% of BFR development costs, and Elon said a "material" percentage, which for expense reporting usually means >= 5%. Dev costs were said to be $5billion, so that would be $250,000,000.
- apendleton 8y ago
  The questioner asked "is it more or less than 5%" -- I don't think they were confirming 5%, just repeating the number back (and Musk refused to say anything about the percentage at all).
  - manicdee 8y ago
    MZ said he wished it was (only) 5%, perhaps indicating the desire to see more billionaires stepping up to the plate.
    - cma 8y ago
      He said, "I'm happy with just 5%, thanks for the rocket."
  - cma 8y ago
    But the answer was, "I'm happy with just 5%, thanks for the rocket."
tehjoker 8y ago
Man, think of all the Transformers movies he could buy (20).
godelski 8y ago
Besides the fact that he isn't spending $1.5B on it, really, what can you do with $3B that you can't do with $1.5B? There's really not that many more things that you can do. So spending it on a (hopefully not) once in a lifetime opportunity doesn't sound like that bad of an idea.

This guy is only worth $3B, he may be spending half of his entire net worth to make this happen. I hope he inspires the richest billionaires of the world to fund such lofty ventures.

adtac 8y ago

$10M-$20M is more than sufficient for a few generations (in a 100-200 years, our current understanding of the concept of money might not even be relevant, so it's pointless to plan for anything more than that). Anything more is just throwaway cash IMO. If you had the opportunity to become the first private citizen to go to the moon, you'd be stupid to not cement your legacy like that.

zherbert 8y ago
I couldn't agree more
markdown 8y ago
> If you had the opportunity to become the first private citizen to go to the moon, you'd be stupid to not cement your legacy like that. He decided to share the trip, so he won't be "the first private citizen", merely "one of the first private citizens".

cma 8y ago

He hinted during QA it was 5% of BFR development costs, and Elon said a "material" percentage, which for expense reporting usually means >= 5%. Dev costs were said to be $5billion, so that would be $250,000,000.

apendleton 8y ago
The questioner asked "is it more or less than 5%" -- I don't think they were confirming 5%, just repeating the number back (and Musk refused to say anything about the percentage at all).
- manicdee 8y ago
  MZ said he wished it was (only) 5%, perhaps indicating the desire to see more billionaires stepping up to the plate.
  - cma 8y ago
    He said, "I'm happy with just 5%, thanks for the rocket."
- cma 8y ago
  But the answer was, "I'm happy with just 5%, thanks for the rocket."

tehjoker 8y ago

Man, think of all the Transformers movies he could buy (20).

godelski 8y ago

Besides the fact that he isn't spending $1.5B on it, really, what can you do with $3B that you can't do with $1.5B? There's really not that many more things that you can do. So spending it on a (hopefully not) once in a lifetime opportunity doesn't sound like that bad of an idea.