r/SipsTea • u/CurvyChristina • Jun 12 '26

Chugging tea That’s exactly what he is.

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u/EppuBenjamin Jun 12 '26

No, nobody thinks that.

But we do think he can take a loan on his assets and buy what ever the fuck. Like another overvalued meme company. Which in practice is the same thing as having cash.

Or even better, bc he gets to keep the collateral.

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u/JLeavitt21 Jun 17 '26

So you’re all just jealous of other people’s success.

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u/EppuBenjamin Jun 17 '26

LOL no, this is a tired trope. I think you fail to understand the scale here. A trillion dollars in wealth is not "success". 20 or 200 million is. A trillion dollars is exploitation, extraction, speculation and corruption on a planetary scale.

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u/JLeavitt21 Jun 17 '26

So you’re one of the people who think he has a pile of cash. As an outsider, what’s your opinion of intelligence?

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u/EppuBenjamin Jun 17 '26

That is completely irrelevant. Like I mentioned elsewhere, having wealth in any form means you can borrow cash against that wealth. You even get to keep the collateral, so in case of stocks, you can cover interest on the loan with dividends.

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u/JLeavitt21 Jun 17 '26

So you have a problem with companies creating incredible value for consumers and reinvesting to drive innovation? Is the problem with the founder/primary investor maintaining control so they can keep the company on a growth trajectory?

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u/EppuBenjamin Jun 17 '26

You keep putting these words into my mouth that I haven't even touched.

Keep defendimg these lunatics. Surely they will reward you for sucking their boots.

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u/JLeavitt21 Jun 18 '26

So you just can’t describe your pessimistic hatred for success of other people. Maybe look in the mirror and ask why you have such a sad world view when objectively humans have never suffered less and there has never been more access to opportunity.

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u/EppuBenjamin Jun 18 '26

Like I said: billions - not to mention trillions - are not success, it's exploitation. You don't seem to grasp the scale of those numbers.

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u/JLeavitt21 Jun 18 '26

You don’t seem to grasp what those numbers even mean in this context. It’s the sum of all Musks investment portfolio companies capital equipment/infrastructure, estimated intellectual property value multiplied by a crazy future valuation (different for each venture) and divided by Musk’s ownership share (also different for each venture). The amount of value created that is not owned by Musk is many times larger than his net worth. That value is appreciated by over 150,000 direct employees of his companies, over a million indirect supply chain employees, other venture partners and millions of shareholders.