• Breve
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    9 days ago

    It’s actually worse than than because winning the election has been a big windfall for Elmo to the tune of $70 billion: https://www.cnbc.com/2024/11/11/elon-musk-is-70-billion-richer-since-trump-victory-due-to-tesla-surge.html

    It’s more like he got a 34,900% return on investment. If you include the $44 billion he “spent” on Twitter that brings the ROI down to a still impressive 58%, outperforming pretty much any market or fund.

    They really are good businessmen, but the foxes are now in control of the hen house. Good luck everyone else!

    • Todd Bonzalez@lemm.eeOP
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      9 days ago

      They really are good businessmen

      If you measure success by how much cash you can exploit for yourself…

      • Breve
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        8 days ago

        Yes, that is unfortunately the measure capitalism uses to judge success. Something something invisible hand I guess.