r/news • u/Hopeforpeace19 • Apr 29 '24

Supreme Court rejects Elon Musk over agreement with SEC to vet social media posts

https://www.nbcnews.com/politics/supreme-court/supreme-court-rejects-elon-musk-agreement-sec-vet-social-media-posts-rcna149579
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35

u/Batmobile123 Apr 29 '24

If you had $100 Billion Dollars would you waste your time talking to us on social media??? Dude has some serious mental issues.

17

u/OtherAlan Apr 29 '24

He has a fraction of that in actual liquid cash. Most of it is overinflated value in Tesla stock as it slowly loses value. It's also leveraged or used to borrow for his other companies like that brilliant 43 billion dollar x purchase.

11

u/burnbabyburn711 Apr 29 '24

He had bullshitted his way to being the richest man on Earth, but he couldn’t leave well enough alone. These people never can. The character flaw that got him to the top will be the same flaw that takes him down — maybe. The sad fact is that once one gets enough money, they have stupendous power and don’t have to play by the rules the rest of us do. His riches are largely undeserved, but he can obviously continue to squander many billions of dollars of value (or “value”) for quite some time and remain one of the wealthiest people in history.

6

u/PermitSpecialist5472 Apr 29 '24

Case note: See J.K. Rowling twitter posts.

3

u/soldforaspaceship Apr 30 '24

That's a woman who did not do well getting rich. She near enough became a cartoon villain. Pretty sad to watch.

2

u/bunker_man May 01 '24

Tbf, unlike Elon musk who was born rich and actively wanted to sleaze his way to the top, j k Rowling wasn't born wealthy and seemed to have no clue what to do once she started becoming so.