2 comments

• aleksandrm 1 hour ago
  Related, someone posted this on Reddit, so I'm quoting:

  >If his companies were valued properly, Elon would be worth only $50 billion

  >Currently:

  >Tesla stake: he owns 20% of a company valued at 388x profit = $304B

  >SpaceX stake: he owns 42% of a company valued at 112x revenue = $882B (had to switch to revenue because SpaceX has no profit)

  >Twitter/Xai/cash (owns all of it): $33B

  >304+882+33 = $1.2T

  >Real valuations:

  >Tesla: value it at 11x profit like Ford and his ownership stake is worth $8.6B

  >SpaceX: value it at 1.7x revenue like Boeing and his stake is worth $13.3B

  >Twitter/Xai/cash: $33B

  >8.6+13.3+33 = $54.9B
• bonsai_spool 1 hour ago
  It's not clear that a human was involved in writing this at all
  [-]
  • eterm 1 hour ago
    You're being too polite, it's quite clear that no human was involved.
  • alecco 1 hour ago
    They figured out what headlines/topics get upvoted without reading and it's mostly crowd-pleasing ragebait slop.

    TBF the same used to happen like ~15 years ago at the peak of blogspam. It was only a little bit more work.