Trump / Musk (other than DOGE)

  • Thread starter Thread starter nycfan
  • Start date Start date
  • Replies: 12K
  • Views: 643K
  • Politics 
I assume the great majority of the loss is from some really stupid Banks that backed Elonturds purchase
Unlikely. I mean the banks are probably taking a loss if those valuations are correct unless they secured their loans with other collateral like Tesla stock. But equity always gets wiped out before debt.
 
Twitter losers

Elon Musk​

Investment: $33.5 billion commitment, consisting of Tesla shares and his own wealth, along with co-investors, including those listed below.
2024 value: $9.38 billion
Difference: -$24.12 Billion

Prince Alwaleed bin Talal (and Kingdom Holding Co.)​

Investment: $1.89 billion
2024 value: $529.2 million
Difference: -$1.36 billion
Jack Dorsey

Investment: $1 billion
2024 value: $280 million
Difference: -$720 million

Larry Ellison, Oracle co-founder and board chairman

Investment: $1 billion
2024 value: $280 million
Difference: -$720 million

Sequoia Capital​

Investment: $800 million
2024 value: $224 million
Difference: -$576 million
 
Twitter losers

Elon Musk​

Investment: $33.5 billion commitment, consisting of Tesla shares and his own wealth, along with co-investors, including those listed below.
2024 value: $9.38 billion
Difference: -$24.12 Billion

Prince Alwaleed bin Talal (and Kingdom Holding Co.)​

Investment: $1.89 billion
2024 value: $529.2 million
Difference: -$1.36 billion
Jack Dorsey

Investment: $1 billion
2024 value: $280 million
Difference: -$720 million

Larry Ellison, Oracle co-founder and board chairman

Investment: $1 billion
2024 value: $280 million
Difference: -$720 million

Sequoia Capital​

Investment: $800 million
2024 value: $224 million
Difference: -$576 million
Not sure bin Talal is a loser. I mean yeah he lost money, but he helped buy a legitimatized platform that the Saudi government could likely get unfettered access to. He didn't lose money, this was opportunity cost for the House of Saud.
 
X owner Elon Musk has once again hijacked a rare coveted username from its original user.

This time, however, the takeover wasn’t for the good of X the company, it was so Musk could promote Donald Trump for president.

On Saturday, Musk appeared at Donald Trump’s rally in Butler Pennsylvania. However, earlier that day, Musk began promoting his pro-Trump Super PAC, called America PAC, using a brand new handle @America.

“Read @America to understand why I’m supporting Trump for President,” Musk’s new bio said as of approximately 1:30pm ET on Saturday, Oct. 5.

The @America handle appeared attached to a brand new account setup just this month, in October 2024. However, this rare, one-word geographic handle had already been long registered by another X user more than 14 years prior to Musk taking the handle from them, in September 2010.

According to a person familiar with the situation, X took the handle from the user much like how Musk’s social media company took the @X handle from its original registrant last year.
 
I can't fathom why good people don't immediately discontinue any involvement with him or his companies.
He really is pretty terrible but he does have some great companies. SpaceX is about half the cost of Boeing's equivalent rocket. Boeing was bilking taxpayers for forever until a serious competitor got into the game.

The competition has caught up with their electric car offerings but Tesla still has the best self-driving technology out there And without Musk, I don't think we see the big companies introducing things that would replace greenhouse gas spewing cars anytime soon.

Starlink is a terrific way to get an internet service to people that usually can't have it.

I actually forgot this but Musk co-founded open AI which really gave us the first widespread consumer focused AI platform with ChatGPT.

And as much as folks complain about the Twitter, we all love nyc's posts which are all Twitter. It's a great platform for spreading information.

I think people use his companies because he's been involved with some pretty great companies.
 
He really is pretty terrible but he does have some great companies. SpaceX is about half the cost of Boeing's equivalent rocket. Boeing was bilking taxpayers for forever until a serious competitor got into the game.

The competition has caught up with their electric car offerings but Tesla still has the best self-driving technology out there And without Musk, I don't think we see the big companies introducing things that would replace greenhouse gas spewing cars anytime soon.

Starlink is a terrific way to get an internet service to people that usually can't have it.

I actually forgot this but Musk co-founded open AI which really gave us the first widespread consumer focused AI platform with ChatGPT.

And as much as folks complain about the Twitter, we all love nyc's posts which are all Twitter. It's a great platform for spreading information.

I think people use his companies because he's been involved with some pretty great companies.
Something about the South African take over of the Republican party along with the proud boys and the rest who want a minority rule of white folks. Musk, Thiel and the Qanon guy were teenagers in South Africa when apartheid ended and were part of the great white escape from Mandela's new government.
Just saying some immigrants can be good and bad just like Americans.
 
He really is pretty terrible but he does have some great companies. SpaceX is about half the cost of Boeing's equivalent rocket. Boeing was bilking taxpayers for forever until a serious competitor got into the game.

The competition has caught up with their electric car offerings but Tesla still has the best self-driving technology out there And without Musk, I don't think we see the big companies introducing things that would replace greenhouse gas spewing cars anytime soon.

Starlink is a terrific way to get an internet service to people that usually can't have it.

I actually forgot this but Musk co-founded open AI which really gave us the first widespread consumer focused AI platform with ChatGPT.

And as much as folks complain about the Twitter, we all love nyc's posts which are all Twitter. It's a great platform for spreading information.

I think people use his companies because he's been involved with some pretty great companies.
And I don't give a shit about any of it. Well meaning people should abandon anything and everything having to do with him as soon as reasonably possible. He's a cancer on humanity.
 
Bob Woodward’s new book, WAR:

“… The book, “War,” also reveals new details about Donald Trump’s private conversations with Putin – and a secret shipment of Covid-19 testing equipment Trump sent to the Russian president for his personal use during the height of the pandemic. …

– Citing a Trump aide, Woodward reports that there have been “maybe as many as seven” calls between Trump and Putin since Trump left the White House in 2021. …”

 
“… During the height of the pandemic, Russia and the United States did exchange medical equipment such as ventilators. But Putin — who infamously isolated himself over fears of Covid — told Trump on a phone call to keep the delivery of the Abbott machines quiet, Woodward reports.

“Please don’t tell anybody you sent these to me,” Putin said to Trump, according to Woodward.

“I don’t care,” Trump replied. “Fine.”

“No, no,” Putin said. “I don’t want you to tell anybody because people will get mad at you, not me. They don’t care about me.”

Woodward writes that Trump has stayed in touch with Putin after leaving office.

In one scene, Woodward recounts a moment at Mar-a-Lago where Trump tells a senior aide to leave the room so “he could have what he said was a private phone call with Russian President Vladimir Putin.”

“According to Trump’s aide, there have been multiple phone calls between Trump and Putin, maybe as many as seven in the period since Trump left the White House in 2021,” Woodward writes.

Woodward asked Trump aide Jason Miller whether Trump and Putin had spoken since he left the White House. “Um, ah, not that, ah, not that I’m aware of,” Miller told Woodward.

“I have not heard that they’re talking, so I’d push back on that,” Miller added. …”
 
“… Woodward writes that Biden’s Director of National Intelligence Avril Haines “carefully hedged” when asked about whether there were any post-presidency Trump-Putin calls.

“I would not purport to be aware of all contacts with Putin. I wouldn’t purport to speak to what President Trump may or may not have done,” Haines said, according to Woodward.

… “
 
(Cont’d)

“…
Woodward also writes about Trump’s decision to run for president again, including a series of conversations with his ally and golfing buddy, Sen. Lindsey Graham.

“Going to Mar-a-Lago is a little bit like going to North Korea,” Graham said. “Everybody stands up and claps every time Trump comes in.”

…Graham repeatedly urged Trump to move on from the 2020 election, telling him if he is reelected, “then January 6 won’t be your obituary.”

“I gave a speech today and I only mentioned the 2020 election twice!” Trump said to Graham a few days later, “as if it had shown maximum restraint,” Woodward writes.

As Trump framed his presidential campaign around fear, Woodward writes that Graham said of the former president: “Trump is becoming more erratic. These court cases. I think they would rattle anybody.” …”
 
Continued — this book is chock full of news. Like 30 individual news cycles worth in the before times …

“… Woodward also recounts a meeting that Graham, the South Carolina senator, had with the crown prince in March.

“Hey, let’s call Trump,” Graham said to MBS while visiting with the Saudi leader in March.

What happened next offers a fascinating window into how the Saudi leader operates and communicates with various world leaders and government officials. Woodward writes that bin Salman had an aide bring over a bag with about 50 burner phones, pulling out one labeled “TRUMP 45.”

Among the others in the bag, Woodward writes, was a burner labeled “JAKE SULLIVAN.”

… “
 
Back
Top