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On Elon Musk, it's funny because he never put a profit, like tesla isn't the biggest, X is draining money, his robotics shits are just that: shit, only spacex is relatively successfull, but it's not on the same level of half trillion dollars.
There isn't much that he's done, all of his companies are making less profits (or losing more money if i'm being correct), he is just a jake paul that fakes being a fake intelligent person.
Edit: Deleted my edit, i'm drunk
Yeah, its ironic. The richest man in the world doesn't have a single* truly profit-making venture under him.
How the bubble around him hasn't burst yet I don't know, but it would certainly be a feast for sore eyes.
*Edit: Forgot about SpaceX, which actually has made itself a decent chunk of money - about $15.5 billion in 2025 - but I doubt that alone is capable of propping up his nearly $500 billion personal valuation.
How the bubble around him hasn’t burst yet I don’t know
Corporate welfare.
SpaceX has been phenomenally successful. I don't think he can be attributed to much of that success. The Falcon 9 handled 95% of launches in 2024. SpaceX has went from non existant to a near monopoly in 23 years while competing against some of the most powerfully connected companies in the world.
I'm not a SpaceX fanboy (I'm a space fanboy). They have done a lot of good for the space industry, while also causing a lot of harm to the scientific space community (earth based observations). I just don't think you can make an argument that SpaceX is not a successful company.
Not just earth based observations, they’ve pretty much guaranteed we’re have no hope in another space race versus China, or even just in general for the next decade at a minimum.
Vote out every single Republican or whatever right-wing/far-right party you have in your country. Shift the Overton window each time a seat gets flipped.
And don't forget to get rid of the Dems who have been there. Replace them with actual leftists.
Three bullets could do so much for this country
not really, not by themselves. the billionaires would just be replaced.
The weird thing is that these people don't think they're rich enough and want to extract more money from government and the people, and they simultaneously think that the government gives too much money to poor people.
They race to who will be the first trillionaire. It's disgusting. Meanwhile children are starving.
To these people, there's no such thing as "enough". Contentment is not a concept that exists within their minds, only a sociopathic urge to acquire more.
The french really did have a solid way of reminding the upper crust that they were vastly outnumbered by the people they were standing upon...
Remind me. Why are the worlds billionaires all building bunkers? A true mystery.
It never trickles down.
Fuck trickle-down, time to implement the piñata economy.
Honestly stop being poor dudes, just ask your father for some millions to get started and start exploiting people, easy
Damn, when I read this statistic the other day I took it as 'the bottom half has less then the 3 richest persons', but in fact, it is 'three people each have more than the bottom half' holy shit.
At first I thought it was combined. Not "individually each." And not by twice.
Every 30 FUCKING HOURS, since Covid, another Billionaire is created. That number was halfed before 2020. It means that nearly 500 people became billionaires while pretending they needed to raise prices astronomically to stay solvent. They need to be tried and sentenced harshly. VERY harshly.
Any place that allows this to happen is a bad place.
The bottom 50% of households have an average net worth of $629?
People who don't own their homes, cars, etc have no net worth other than what's in their savings. Most of us are living day to day. It's not that hard to fathom.
Most of America cannot absorb a sudden expense of 400-1000 dollars.
Taking into consideration the large amount of credit card debt, student loans, mortgages, etc.? It's plausible. Someone who rents, is living paycheck-to-paycheck, and has maybe a few hundred dollars in credit card debt could be in the "negative"
As per, the only thing that trickles down is shit, vomit and piss.
Eat the rich.
Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Corporations are the only ‘persons’ which should be subjected to capital punishment, but billionaires should be euthanised through taxation.
We already have Musk acting like his own personal country, making personal deals with world leaders that benefit only himself over other nations. Others are probably doing it, too, but we haven't heard about it.
Now these Sociopathic Oligarchs are heading to trillionaire status, and they WILL be founding their own Corporo-Nations, which will require private armies for security. Eventually, these Corporo-Nations will combine to form their own alliance, combine their armies, and start throwing their weight around militarily, as well as economically.
This is all just a matter of time, and then we're going to wonder as a planet, Why we didn't stop those guys back when we had a chance?
I have no doubt at all that ALL of them have violated many laws, in many sectors, to get as rich as they are. Investigate them deeply, prosecute them for their crimes, and confiscate their entire fortunes. If we don't do that, it is absolutely certain that we will come to regret it.
Now, I might be misreading this data, but from what it looks like either one of these billionaires by themselves have more wealth than the bottom 50% of Americans, right?
More like one Billionaire own 5.6 times the wealth of the bottom 50%
and they couldn't just be happy being that rich. They got bored and decided to kill us all. They need to be rounded up and put on trial. Why are people so afraid of rich people ~ Luigi
The "money" used to buy bread is a very practical medium to exchange resources. These figures with too many digits are not real: that "money" is a result of sums of products of virtual values based on credit and speculation. The fact that the same symbol ($) is used for these two very different things sounds like a systemic bug.
You say that but they can and do use that virtual value to buy bread.
Sure they can buy bread, but here's the catch: it's like going to the bakery, asking for free bread with the promise that you'll pay later because you can show 10 digit numbers, even if your pockets are actually empty. So these people practically live on credit because the market value would crash if they sell. At a macro level, 97 % of every dollar is actually debt (credit), mostly created by private banks to feed the system: https://econcurrents.com/2024/08/25/where-does-us-money-come-from-and-where-does-it-go/.
People really should pay their bottoms more.
(sorry)
"own more" is putting it lightly, they literally own 10 times more than bottom 170 mil people combined
It will trickle down any second now
No, no. A little while yet.
They've got to get enough to cover
first. THEN it'll trickle down. For super super sure.
Trust them. Maybe they care.
It works like a piñata - if we beat it open with a club, only then will its contents trickle down.
USA at again, isn't it? The country with trillion debt, that's about to blow.
Every time I see these guys’ faces I cringe so hard. It’s frankly embarrassing working in the tech industry when most people think of them whenever anyone mentions it.
What’s about the other twelve multi-billionaires that are worth more than $85B? Why were they left out?