this post was submitted on 10 Nov 2024
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A Boring Dystopia

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October 9, 2024: - net worth $256 billion

November 9, 2024: - net worth $314 billion

Elon added another $21 billion today, so his net worth has increased by $79 billion in the last 33 days!

November 11, 2024: - net worth $335 billion

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[–] hark@lemmy.world 48 points 5 days ago (2 children)

In other words: "tesla stock went up"

The numbers are made up.

[–] 9point6@lemmy.world 25 points 5 days ago* (last edited 5 days ago)

The problem is that the people with big numbers get to influence the world more

[–] Zorsith@lemmy.blahaj.zone 12 points 5 days ago

May the coming Hyper-canes fill the server rooms of the stock market.

Funny, he is still entirely worthless to me, net or otherwise.

[–] RootBeerGuy@discuss.tchncs.de 46 points 5 days ago (4 children)

At some point those numbers mean nothing anymore. What then? Maybe we are already there.

[–] Dust0741@lemmy.world 28 points 5 days ago
[–] IndiBrony@lemmy.world 19 points 5 days ago

Of course it means nothing to us. To them it's like getting high score in the arcade - they all want their name and number at the top and will happily shit on anyone below them.

[–] Rookwood@lemmy.world 7 points 5 days ago

It absolutely means something. Don't kid yourself.

[–] stoy@lemmy.zip 1 points 5 days ago (1 children)

Stocks value don't represent the actual value of a company, it represents the the value that a buyer believes it is worth.

[–] Droggelbecher@lemmy.world 2 points 3 days ago

How is that different from money?

[–] tipicaldik@lemmy.world 41 points 5 days ago (1 children)

by 2029 he'll be a trillionaire 2 or three times over and the rest of us will be fighting over scraps.

[–] chemical_cutthroat@lemmy.world 30 points 5 days ago (1 children)

Not if he dies a horrific public death before that happens. I definitely wouldn't wish death on anyone. Not a gruesome death like that. What, with his genitals smashed, his guts removed, and his eyes skewered by hot pokers all while he's alive screaming in agony as the world watches. It would be horrible to wish that one someone, and we shouldn't.

[–] Bakkoda@sh.itjust.works 5 points 3 days ago

If something that cruel we're to happen we would need to honor his greatness with a burial monument publicly accessible to everyone. As long as people don't urinate or defecate on the monument it would be great.

[–] blazera@lemmy.world 14 points 5 days ago

Natural course for capitalism. Money makes money is a feedback loop that naturally concentrates wealth.

Only options are to ban money from making money, or eliminate the need for money

[–] f4hy@lemmy.world 10 points 5 days ago

Mike Bloomberg is always absent from these lists...