The world’s first trillionaire is a killer / Elon Musk’s empire of wealth is built on suffering.

https://www.theverge.com/tech/949259/the-worlds-first-trillionaire-is-a-killer?view_token=eyJhbGciOiJIUzI1NiJ9.eyJpZCI6IkxmaVhKNXV0aWYiLCJwIjoiL3RlY2gvOTQ5MjU5L3RoZS13b3JsZHMtZmlyc3QtdHJpbGxpb25haXJlLWlzLWEta2lsbGVyIiwiZXhwIjoxNzgxNzI1MTcyLCJpYXQiOjE3ODEyOTMxNzJ9.QKdkI7sm577M_o0Lh8yizdeLX2CStMTzaTyOugkakZA

cross-posted from: https://slrpnk.net/post/38996854

291 points · 13 comments · view on lemmy.world

13 Comments

Triumph@fedia.io · 43 pts · 104d

Every empire of wealth is built on suffering and exploitation.

mgrecca2026@lemmy.zip · 29 pts · 104d

ExLisper@lemmy.curiana.net · 17 pts · 104d (1 reply)

He did the Nazi salute like two years ago. He still got richer and got to a trillion $ without issues. We truly do live in the dumbest timeline.

o0evillusion0o@sh.itjust.works · 1 pts · 103d

Yeah, cause all these fuckers have to get the shit he sells. Fuck values, fuck integrity. Separate the man from the product cause they gotta gets the little toys. FTW

quick_snail@feddit.nl · 14 pts · 104d (6 replies)

He's not a trillionare, and we all know the AI tech bubble is about to bust.

So we can be optimistic that he's about to loose some billions with this IPO

redlemace@lemmy.world · 9 pts · 104d (4 replies)

He’s not a trillionare

Because it's all stock. It's not real money. All the values are made up numbers by stock traders. And foremost : Most -if not all- of it is over-over-over valuated.

FoxtrotDeltaTango@sh.itjust.works · 1 pts · 104d

Aka a meme stock

quick_snail@feddit.nl · -1 pts · 104d (2 replies)

Yeah, but that's not my point.

His value isn't a trillionare, yet. They're assuming he will be one after the IPO. But it could just tank. We don't know the value yet.

justaman123@lemmy.world · 3 pts · 103d (1 reply)

Nah it ipo'd on Friday and he's technically a trillionaire, it started at 130 and now it's like 170

quick_snail@feddit.nl · -2 pts · 103d

Fuck

justaman123@lemmy.world · 3 pts · 103d

I think this will likely be the high water mark as everyone in ai sees the writing on the wall, all of the upcoming ai ipos are either postponed or sped up so the investors can get their money before everything goes south

politicalincorruption@lemmy.world · 6 pts · 104d
SCmSTR@lemmy.blahaj.zone · 2 pts · 103d

"Nazis conquers the world"