25 points | by root-parent 2 hours ago
4 comments
Related, someone posted this on Reddit, so I'm quoting:
>If his companies were valued properly, Elon would be worth only $50 billion
>Currently:
>Tesla stake: he owns 20% of a company valued at 388x profit = $304B
>SpaceX stake: he owns 42% of a company valued at 112x revenue = $882B (had to switch to revenue because SpaceX has no profit)
>Twitter/Xai/cash (owns all of it): $33B
>304+882+33 = $1.2T
>Real valuations:
>Tesla: value it at 11x profit like Ford and his ownership stake is worth $8.6B
>SpaceX: value it at 1.7x revenue like Boeing and his stake is worth $13.3B
>Twitter/Xai/cash: $33B
>8.6+13.3+33 = $54.9B
It's not clear that a human was involved in writing this at all
You're being too polite, it's quite clear that no human was involved.
They figured out what headlines/topics get upvoted without reading and it's mostly crowd-pleasing ragebait slop.
TBF the same used to happen like ~15 years ago at the peak of blogspam. It was only a little bit more work.
Related, someone posted this on Reddit, so I'm quoting:
>If his companies were valued properly, Elon would be worth only $50 billion
>Currently:
>Tesla stake: he owns 20% of a company valued at 388x profit = $304B
>SpaceX stake: he owns 42% of a company valued at 112x revenue = $882B (had to switch to revenue because SpaceX has no profit)
>Twitter/Xai/cash (owns all of it): $33B
>304+882+33 = $1.2T
>Real valuations:
>Tesla: value it at 11x profit like Ford and his ownership stake is worth $8.6B
>SpaceX: value it at 1.7x revenue like Boeing and his stake is worth $13.3B
>Twitter/Xai/cash: $33B
>8.6+13.3+33 = $54.9B
It's not clear that a human was involved in writing this at all
You're being too polite, it's quite clear that no human was involved.
They figured out what headlines/topics get upvoted without reading and it's mostly crowd-pleasing ragebait slop.
TBF the same used to happen like ~15 years ago at the peak of blogspam. It was only a little bit more work.