Is there some finance math behind that or something? Sounds like it’s a pretty concrete figure when you say it like that, but I’m not financially literate enough to understand
300M to buy a presidency once every four years, leaving him 3.7B to recoup his costs at 8%/year to stay ahead of inflation. If that wouldn’t work out, swap to purchasing the ears of 20% of all US senators.
Though I didn’t realize that senate races average 90M now, so my figures were out of date. I was just winging it with mental math, nothing authoritative.
What part of Musks personality indicates he is this prudent? My guess is he would gamble it on the next idea but the market will turn in him because losing people billions (the only way he ends up with only 4 billion) is unforgivable.
Trump only lost millions and had to turn to the mob. If Musk worked with the mob he’d be at the bottom of a river in a week .
Why 4B? Why not 50M? That’s way enough for an overtly comfortable lifestyle
Any less and he couldn’t sustainably sway the entirety of the US’s governing structure by dividends alone, with redundancy.
Is there some finance math behind that or something? Sounds like it’s a pretty concrete figure when you say it like that, but I’m not financially literate enough to understand
300M to buy a presidency once every four years, leaving him 3.7B to recoup his costs at 8%/year to stay ahead of inflation. If that wouldn’t work out, swap to purchasing the ears of 20% of all US senators.
Though I didn’t realize that senate races average 90M now, so my figures were out of date. I was just winging it with mental math, nothing authoritative.
What part of Musks personality indicates he is this prudent? My guess is he would gamble it on the next idea but the market will turn in him because losing people billions (the only way he ends up with only 4 billion) is unforgivable.
Trump only lost millions and had to turn to the mob. If Musk worked with the mob he’d be at the bottom of a river in a week .
Fair enough, but even if those figures were on the low end, that’s devastatingly low for what’s at stake
When has a Musk company paid dividends?