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Is Elon Musk in Trouble?

This is the un-elected richest man in the world who resents people getting back the money they invested in order to fucking literally pay their rent and eat in their retirement years?

"It will be my objective to phase out Social Security, to pull it out by the roots!"
~~
Elon Musk
 
rareboy said:
This is the un-elected richest man in the world who resents people getting back the money they invested in order to fucking literally pay their rent and eat in their retirement years?

"It will be my objective to phase out Social Security, to pull it out by the roots!"
~~
Elon Musk
Click to expand...

Thankfully, I don't think this quote is accurate.

www.snopes.com

Unpacking claims Elon Musk said he wants to cut Social Security benefits

Musk told Fox Business "waste and fraud" in federal benefit programs are the "big one" to eliminate, sparking headlines about cuts to Social Security.
www.snopes.com www.snopes.com
 
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Alistair said:
25% of Tesla’s twitter followers are fake. I wonder how much he paid for them?
Click to expand...

He can afford to pay as many supporters as he LIKES, now, that he has Trump's multi-billion-dollar TAX CUTS.
He knows EXACTLY what he's doing.

It's not what Trump can do for America ?
It's what Trump can do for ME !
 
Welcome to the Best Government that Money Can Buy.
 
The "genius" tech mogul:

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www.socialmediatoday.com

Data Suggests X Could Post a Significant Loss in 2024

Elon’s X project could be in trouble, but there may be other avenues to consider.
www.socialmediatoday.com www.socialmediatoday.com
According to recent estimates from TechCrunch, based on data from Appfigures, X now has around 1.3 million paying users, or 0.26% of its total user base. That’s estimated to be bringing in around $14.7 million per month for the company, or $176.4 million per year. Which is a significant amount, of course, but that only equates to around 6% of the business’ total revenue...

Further complicating this is X’s debt service costs, which came as part of Musk’s takeover deal. In order to purchase Twitter, Elon borrowed a portion of the $44 billion cost ($13b) from various banks, and attached the debt from those loans to the company itself, avoiding personal liability. At present, debt servicing is set to cost X $1.2 billion per year.
Click to expand...

Fidelity made large investments in Twitter that helped finance Musk's acquisition. Fidelity is likely hoping that Musk's AI ventures will provide enough cash flow for Twitter to make it's loan payments.

Fidelity mutual funds marked up the value of their X Holdings shares by 32.37% in October, the largest monthly increase since helping Elon Musk buy the company in 2022.

The big picture: Even with the valuation boost, Fidelity believes X is worth nearly 72% less than the $44 billion purchase price.
Click to expand...
 
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To be honest, I have no idea how these were even passed as roadworthy.

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You know...when I first started this thread....I had no idea it would ultimately go so dark.

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Oh I did 😂 and it will get a lot worse over the next few months
 
Tell us all again just how fucking crazy you are again?

bafkreig5mypzqz5bhgvqxxwski3awfa7xtn53dmo7zqcupvlfuwohdrvua@jpeg
 
I take Mashable with a grain of salt...but....I also beleive that Xitter will shed millions of (bots) 'users' in 2025, the same way that Jub lost all the Kremlin GOP trollbots when they realized there was zero value in posting here after 2016.

Musk alienates another part of his user bases almost every day and unless he can get Trump to mandate that all US citizens must have a Xitter paid account and Truth Social account...there just isn't enough to hold their attention once all the Libs they are desperate to own just tell them to fuck off and we all go to BlueSky.

mashable.com

X's declining user base: Elon Musk's platform projected to lose millions of users in 2025

Millions of people have and will continue to leave X.
mashable.com mashable.com
 
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