X is reportedly selling inactive usernames for $50,000 — The move is the platform’s latest attempt to raise revenue::undefined

  • Khanzarate@lemmy.world
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    1 year ago

    He started rich, invested in a relatively early online bank that did decently, was CEO, got voted out of being CEO and they put someone competent in that position, where it evolved into Paypal. EBay bought PayPal for 1.5 billion dollars, and that gave Musk a stupid amount of money to throw at things, like founding spaceX and buying into Tesla very early. spaceX and Tesla have competent people.

    Honestly, as far as I can tell, his whole business life has been coming up with ideas, finding competent people to help make those ideas reality, and then getting replaced with those people, leaving him with a large amount of money and time to repeat the loop. He also seems to be a good engineer for spaceX. If he didn’t start rich, he’d be chief engineer somewhere and do a good job, but instead, he fucks up businesses and then usually gets removed. In twitter’s case, though, he bought it personally, and there’s no shareholders to kick him out, so all the business stupidity has to play out.

    • pensivepangolin@lemmy.world
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      1 year ago

      Close!

      He doesn’t come up with anything. He just got lucky buying into other people’s companies based on their ideas.

    • Uglyhead@lemmy.world
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      1 year ago

      Ooo, mention the part where when wanting to start SpaceX, Muskrat travelled the world trying to buy technology, while being what must have been a complete shite in Russia, a top Russian space scientist spat on him.