You don’t understand the Musk business model. It has been the same for years. His wealth doesn’t come from his products, but from his fanbase buying his stock. The purpose of everything he does is to influence the public opinion to make him the tech genius of today in the collective psyche.
Of course, he needs to do impressive things, stuff that a normal person wouldn’t have the resources to achieve. It’s similar to Mr. Beast’s channel on YouTube, just on a way bigger scale. Do things that people can’t see anywhere else.
Musk’s money will come from his fans. And ETFs, trust funds and such will amplify this when he reaches a certain market cap. His crypto coins are the exact same scheme. Once you stop thinking in classic business school terms, it starts making way more sense.
Some of his ventures actually produce value! But that’s not where the money comes from. It comes from the belief, the adoration and the celebrity status that he has.
This is the real power in today’s world. People need to know you from the screen. This clout catapulted him to the government of the US, made him the most wealthy man in the world and given him the license to do anything he wants publicly without repercussions.
Of course, he needs to do impressive things, stuff that a normal person wouldn’t have the resources to achieve. It’s similar to Mr. Beast’s channel on YouTube, just on a way bigger scale. Do things that people can’t see anywhere else.
Musk’s money will come from his fans. And ETFs, trust funds and such will amplify this when he reaches a certain market cap. His crypto coins are the exact same scheme. Once you stop thinking in classic business school terms, it starts making way more sense.
Some of his ventures actually produce value! But that’s not where the money comes from. It comes from the belief, the adoration and the celebrity status that he has.
This is the real power in today’s world. People need to know you from the screen. This clout catapulted him to the government of the US, made him the most wealthy man in the world and given him the license to do anything he wants publicly without repercussions.