Elon Musk / Tesla / SpaceX / Twitter / D.O.G.E. | Cybertruck explosion/suicide; UK Tommy Robinson Martyrdom & Rape Gang claims

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gtyellowjacket said:
I think I would have responded to that real journalist that $200 million is 05% of elon's wealth. If you had $1 million and donated $500 to get somebody elected, that's about the same thing. Would you have me believe that every millionaire that donated $500 to a president's campaign had a personal financial interest?
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And then you would be laughed at for making such an idiotic argument. It doesn’t matter what percentage of Elon’s wealth he contributed to Trump’s campaign, it’s still more than any other single person has donated to any other campaign, possibly ever. And he didn’t donate that amount without having a personal financial interest.
 
heelinhell said:
If the millionaire who donated $500 did so knowing that donation would increase his wealth by 100 million ? then yeah
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I have my doubts. Elon got really rich before Trump and really before he started doing this whole donate so he could be Trump's best buddy. I don't think Elon cares who's in office when it comes to his wealth. I think Elon just likes having power but doesn't really feel like going through the whole running for office thing or changing the Constitution so he could be president.
 
gtyellowjacket said:
I have my doubts. Elon got really rich before Trump and really before he started doing this whole donate so he could be Trump's best buddy. I don't think Elon cares who's in office when it comes to his wealth. I think Elon just likes having power but doesn't really feel like going through the whole running for office thing or changing the Constitution so he could be president.
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Why would you have your doubts? Elon wants to protect his money and utilize every current tax loophole to do it. Just like Trump. Elon looks forward to another round of tax breaks for the ultra rich. Elon wants to protect his business interests in China.

This is no-brainer kind of stuff here, and you have your doubts? Really?
 
WaynetheDrain said:
Why would you have your doubts? Elon wants to protect his money and utilize every current tax loophole to do it. Just like Trump. Elon looks forward to another round of tax breaks for the ultra rich. Elon wants to protect his business interests in China.

This is no-brainer kind of stuff here, and you have your doubts? Really?
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Yeah, leaving aside the billions he will make on increases in future government contracts and the hundreds of millions he will save in future tax cuts, just the 83 billion dollar increase in the value of his personal shares of Tesla in less than two months makes his 200 million dollar outlay to buy Trump's election a very good investment.
 
heelinhell said:
Yeah, leaving aside the billions he will make on increases in future government contracts and the hundreds of millions he will save in future tax cuts, just the 83 billion dollar increase in the value of his personal shares of Tesla in less than two months makes his 200 million dollar outlay to buy Trump's election a very good investment.
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Elon must have an amazing crystal ball. He spent 200 million to help Trump win a race where Harris almost doubled Trump spend and he saw an unprecedented stock price jump making him still have more money than he's ever going to spend. Absolute no-brainer.

I can't think of any other explanations then Musk is a genius capitalist whose every action, including the head scratching moves he makes on a daily basis, is dedicated to increasing his wealth.
 
gtyellowjacket said:
Elon must have an amazing crystal ball. He spent 200 million to help Trump win a race where Harris almost doubled Trump spend and he saw an unprecedented stock price jump making him still have more money than he's ever going to spend. Absolute no-brainer.

I can't think of any other explanations then Musk is a genius capitalist whose every action, including the head scratching moves he makes on a daily basis, is dedicated to increasing his wealth.
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you don't need a crystal ball. The race was 50/50 . Trump wins I increase my wealth by billions; Trump loses I'm out 200 million

Even you can see the wisdom of the bet...or maybe not 😏
 
WaynetheDrain said:
Why would you have your doubts? Elon wants to protect his money and utilize every current tax loophole to do it. Just like Trump. Elon looks forward to another round of tax breaks for the ultra rich. Elon wants to protect his business interests in China.

This is no-brainer kind of stuff here, and you have your doubts? Really?
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My doubts are because Elon would have gotten those same loopholes if Harris had won. So would Trump. Musk has gotten them before both with and without Trump. Musk has gotten the contracts for SpaceX with and without Trump too.

I think the reason Elon backed Trump is he wanted the power and especially the attention. I think the reason Trump is putting up with Elon is because Trump wants X to buy Truth Social eventually.
 
heelinhell said:
you don't need a crystal ball. The race was 50/50 . Trump wins I increase my wealth by billions; Trump loses I'm out 200 million

Even you can see the wisdom of the bet...or maybe not 😏
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He was going to increase his wealth by billions anyway. If he had kept his head down and donated to both sides like most others, he would have still been rich. He would still have rocket launch contracts.

You can't make the claim that Musk is a loon out of one side of your mouth and then make the claim that he is some Machiavellian schemer out of the other.

He wants the attention. That's most of it. Even you can see the wisdom of the bet...or maybe not 😏
 
gtyellowjacket said:
My doubts are because Elon would have gotten those same loopholes if Harris had won. So would Trump. Musk has gotten them before both with and without Trump. Musk has gotten the contracts for SpaceX with and without Trump too.

I think the reason Elon backed Trump is he wanted the power and especially the attention. I think the reason Trump is putting up with Elon is because Trump wants X to buy Truth Social eventually.
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Harris was very clear that she planned on reversing the Trump tax cuts of 2016 by having the ultra-rich pay more in taxes. Her tax savings were going to go to the middle class, in large part footed by the wealthy pitching in more. She spoke about it non-stop during her campaign. Musk was going to pay more in taxes under a Harris administration. This is really quite simple.
 
WaynetheDrain said:
Harris was very clear that she planned on reversing the Trump tax cuts of 2016 by having the ultra-rich pay more in taxes. Her tax savings were going to go to the middle class, in large part footed by the wealthy pitching in more. She spoke about it non-stop during her campaign. Musk was going to pay more in taxes under a Harris administration. This is really quite simple.
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Sure. Just like he did under Biden.
 
1. i don't think its clear what elon's motivations are or have been. he seems pretty red-pilled. maybe its an act. but there's no financial incentive for him to back the neo-nazi party in germany and yet . . .

2. for that reason, sununu's statement is ridiculous. we don't know. i suspect elon is mostly looking to protect spacex's dominance and also he wants to maintain his security clearance which would have almost certainly been revoked by kamala. but maybe he's just riding his own jock and feeling the power. or maybe he's even more transactional than i am suggesting.
 
From August but still relevant - Musk believed in his own brand of deficit spending when it came to acquiring Twitter:

Elon Musk’s Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis​

Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks’ balance sheets​


Gift link —> https://www.wsj.com/tech/elon-musks...cb?st=9nkmED&reflink=mobilewebshare_permalink

“… The seven banks involved in the deal, including Morgan Stanley and Bank of America, lent the money to the billionaire’s holding company to take the social-media platform, now named X, private in October 2022. Banks that provide loans for takeovers generally sell the debt quickly to other investors to get it off their balance sheets, making money on fees.

The banks haven’t been able to offload the debt without incurring major losses—largely because of X’s weak financial performance—leaving the loans stuck on their balance sheets, or “hung” in industry jargon. The resulting write-downs have hobbled the banks’ loan books and, in one case, was a factor that crimped compensation for a bank’s merger department, according to people involved with the deal.

The value of the loans to Musk quickly soured after the $44 billion acquisition was completed. But new analysis shows how their persistent underperformance has put the deal in historic territory. …”
 
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