He’s rapidly headed back to that income level.
I get that it’s nice to imagine, but no, he really fucking isn’t, and not just because he never was on that income level, but because he is so obscenely rich, that even if all his current ventures fail spectacularly, he has enough to fall back on a few million times over.
You assume he’d act rationally and invest in even more ridiculous wasted of money…
He’s not smart enough to keep a backup, because even if it’s just a million, he’ll think he can turn it into a billion.
As rich as he is, he’ll live another 40 years. More than enough time to burn all his money. Don’t forget everything is leveraged against each other, his money is built on stock prices, and he’s picking a fight with Brazil while using a shit ton of drugs
If Space X loses it’s governments contracts, literally everything would go up in smoke and he’d desperately try to make what he lost back.
A deat spiral isn’t implausible
SpaceX has enough of a lead over everyone else that I don’t think them simply being denied government contracts is feasible, in a too-big-to-fail way.
You’d see some kind of forced nationalisation or being strongarmed into selling to another defense contractor on national security grounds.
Elmo might choose some kind of “if I can’t have it, no one can” sabotage though.
Lol, ok.
Like I said, I get that it’s nice to imagine, but the only person you’re convincing (more like fooling) is yourself, if you seriously believe he will ever end up anywhere even remotely near poor.
Then he doesn’t need billions of dollars, right?
Back when rent was $30
No. I did that once (as a middle class person too proud to accept daddy’s help) and it was fucking awful. I lasted 8 months before I had to consult Bank of Dad, which I’m pretty impressed by, but everything about it sucked. I would steal loaves of bread from bakeries at 4am, as they’d leave them outside to cool. I’d go to late night chippies and make up stories about being on a great adventure for charity so they’d give me free chips, I’d buy my clothes from a market that sold soiled and ripped clothing donated from fast fashion stores, and I’d hand sew them back to acceptability so I could wear them. We’d dumpster dive, forage, and beg, and it still wasn’t enough. Rent started going on credit cards, I discovered new addictions I couldn’t afford just to cope with the pain of no heating, shitty food, and a general feeling of desperation. And I had a fucking safety net, I was nowhere near the suffering of most people at this kind of poverty line.
Elon is a rich prick. I got a momentary taste of poverty and it was fucking awful. He would have caved in a day.
“I once had to sell an emerald at half it’s market value just so I could afford to pay the maid service at my third home” 🙄
