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16 hours agoThey put too much money in it.
They put too much money in it.
Buy a company mostly with other people’s money (he paid ~15B of the 44B offer) lose a lot, 70% or more but use it to win an election and gain 200B in profit.
Musk is a salesman and he’s good at getting investors to get behind his crap. He’s never produced actual value but that doesn’t matter to stock values apparently.
That takes some effort to work into foreplay, especially with the voice.