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I don’t think society made Elon Musk a billionaire. The govt certainly encouraged him and provided him with support because they thought uplifting him and his c
by NoRagrets 4y ago
I don’t think society made Elon Musk a billionaire. The govt certainly encouraged him and provided him with support because they thought uplifting him and his companies would ultimately uplift American society. This was delivered by subsidies and loans and grants ..but mostly by opening doors. Sometimes by turning the other way and a blind eye.
Society can’t create billionaires. The total number of Teslas doesn’t even come close to its valuation which has contributed to his billionaire status. They bet on him (using our tax dollars) and on his future contributions. Turns out it was a bad bet.