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Topic: Elon Musk is currently richer than Warren Buffet.. (Read 206 times)

copper member
Activity: 0
Merit: 0
Yeah he deserves it. Think of all the cool things he has done and the investments he has made. Elon also almost went bankrupt trying to make this all work so good on the man!!
copper member
Activity: 28
Merit: 0
i might try space mining for a job in the future, honestly.
jr. member
Activity: 433
Merit: 5
I join in the congratulations. This person is not sitting idle and always promoting new technologies to the masses and allows his engineers to advance these same technologies forward.

Space mining is going to make a lot of today's children trillionaires.  
Still, I think the first one will be Jeff Bezos.
legendary
Activity: 4424
Merit: 4794
If past history is an indicator, he will put his fortune to good use. Probably more companies or projects that will, one way or another, help towards his man in space goal.

Now you know what else "The Boring" company expertise can be used for...

elon musks business plan is not to be the astronaut or taxi driver or the gold miner.
his business plan is to be the vehicle/pickaxes salesmen where the taxi service/drill team buy/lease from him

in the wildwest. gold miners themselves didnt always make profit. but those selling the dynamite/pickaxes and the bed and breakfast saloons did.

bitcoin mining is the same. selling ASICS is guaranteed profit as your price does not fluctuate depending on bitcoin price. you set your product price where you want it. and people by it.

..
same with rare mineral mining in space. elon wont be the guy in space drilling. he will let 3M/BHP do the physical mining. and they lease the transport/rigs from him

same with boring and hyperloop ideas. he doesnt want to be the train driver. thats for Amtrak, he will just lease the tunnels to amtrek

if he can tunnel underground to avoid land purchase costs. he can make alot of money just leasing the tunnel
copper member
Activity: 112
Merit: 0
I truly believed that, he is young and talented. In today's world, the more crazy your mind think the richer you'll become.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
Remember, when they find a gold asteroid, gold price will plummet, while bitcoin price retains its value...

If past history is an indicator, he will put his fortune to good use. Probably more companies or projects that will, one way or another, help towards his man in space goal.

Now you know what else "The Boring" company expertise can be used for...

As for "rare" metals, of course we do, we are using them in things like cellphones and what not. It just happens there is a bit of a monopoly of them to certain countries. Getting more from space, will of course lower the price on them as well.

Ever seen those super strong magnets in hard drives? That's a "rare" metal.

Bezos is, not wrong. But his idea won't be realized in his lifetime. Of course humanity should also think of building space colonies, but that will occur after the earlier stage SpaceX is paving. To build those colonies you need resources, a LOT of resources, preferably extracted and refined in space itself.

Yes, unless you didn't know Bezos is thinking in building an O'neill cylinder. If you don't know them there is one at the end of the movie Interstellar; the Babylon 5 show is centered around one; and of course there are plenty of them in Gundam (or just look in Wikipedia).
legendary
Activity: 4424
Merit: 4794
Space mining is going to make a lot of today's children trillionaires. 
And also there is debate going about space mining bubble bursts, we actually don't know the use case of those rare space metals until that the value of them will keep rising.

if you ever watch TV shows like gold rush. that shows gold miners working day and night for a week. churning through so dozens of yards of dirt an hour. gallons of diesel an hour. all for just half a jam jar of gold.. you start to realise that if they can get a 'nugget'. the size of a soccerball for $1m they will make profit

so imagine filling the cargo hold of a space shuttle with multiple soccerball nuggets. and have it only cost a few $mill round trip. its easy money
hero member
Activity: 3024
Merit: 680
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Haha with their other companies.

Jeff Bezos Blue Origin versus SpaceX.

Well, in reality, Blue Origin isn't that much known while SpaceX is very well known.
legendary
Activity: 3906
Merit: 1373
How many shares of his own companies does he own?

Is he really rich, or is it his companies that are?

If he tried to make his funds liquid, would his stock plummet just like that?

Cool
full member
Activity: 1414
Merit: 228
Omicron is another FUD
Elon is the future.  He is going to be the world's first trillionaire if he lives long enough.  Smiley

Space mining is going to make a lot of today's children trillionaires.  

Space mining is an amazingly brilliant idea..  if this idea really happened, Jeff Bezos has a tough opponent..


Yes if he lives longer then he will surely become the first trillionaire, he has already revolutionized space travel and in couple of years he will be starting space tourism for everyone who can afford to travel to space.
space tourism has invaluable potential in the future, truly lucrative money..
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
Elon is the future.  He is going to be the world's first trillionaire if he lives long enough.  Smiley

Space mining is going to make a lot of today's children trillionaires. 



Yes if he lives longer then he will surely become the first trillionaire, he has already revolutionized space travel and in couple of years he will be starting space tourism for everyone who can afford to travel to space.
newbie
Activity: 14
Merit: 0
Warren Buffet is old money, Elon is a visionary he is working on things that might revolutionize society, GO ELON!
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Everybody likes Elon.

I still consider him to be young and all of the things he's doing is really for the future. One kind of person that the world really needs. I hope he's going to say that telling the media that he only owns 0.25BTC was just a bluff and he has more of it. Cool
full member
Activity: 1498
Merit: 146
Space mining is going to make a lot of today's children trillionaires. 
And also there is debate going about space mining bubble bursts, we actually don't know the use case of those rare space metals until that the value of them will keep rising.
sr. member
Activity: 2618
Merit: 439
Nice to know that Elon Musk is now more richer than the clown Warren Buffet,He deserves what he got now and hope He will continue His legacy to be Brilliant investors here in crypto and outside.

Salute to the Man !!!
legendary
Activity: 1904
Merit: 1159
Elon Musk is a thought-leader and brilliant prodigy-inventor on a completely different plane than any we have seen yet. He is a man inspired by the hitchhiker's guide to the galaxy and, in his heart, he is still a kid who believes that we can indeed hitchhike at least till Mars. Its crazy how his existential crisis is going to avert a possible one for the rest of the world.

Love him to bits.
member
Activity: 868
Merit: 15
Elon Musk Tesla CEO Elon Musk is now the most inspiring leader in the technology world richer than Warren Buffett. Elon Musk, a US billionaire and technology innovator is perhaps the most popular entrepreneur in the world, according to a recent study by technology professionals. He expands the scope of business through blockchain technology including mining. This makes the transactions of the users much faster and changes the world a lot.
member
Activity: 1162
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The bullish that happened to Tesla's shares made Elon even richer, congratulations to Dogecoin's Ceo.. Tongue
Congrats Elon..


Please share your blessings lol
Vod
legendary
Activity: 3668
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Licking my boob since 1970
Elon is the future.  He is going to be the world's first trillionaire if he lives long enough.  Smiley

Space mining is going to make a lot of today's children trillionaires. 

full member
Activity: 1414
Merit: 228
Omicron is another FUD

The bullish that happened to Tesla's shares made Elon even richer, congratulations to Dogecoin's Ceo.. Tongue
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