As it turns out, having unfathomable amounts of wealth lets you get away with just about anything.
replyYou don’t get away with it.
replyIf you can’t walk into a pizzeria on a whim (thinking about sama this week), you no longer have your freedom.
You can have a private chef make you michelin level pizza in the stone oven in the kitchen of your private jet though.
replyHe has immense wealth from fraud and he is able to commit fraud because of his immense wealth.
replyI don't imagine anyone is trying to manipulate TSLA with an HN comment so I consider your position to be putting your money where your mouth is.
replyIf it's true that Musk is getting rules changes so that SpaceX can be included in the S&P earlier than the current rules allow, I think there's a non-zero chance of Musk falling even more out of favor than he currently is, if not worse (if the SpaceX IPO ends up losing people money in the first 1-2 years)
replyThe hype train will ensure the SpaceX IPO is successful beyond the 2nd year mark. Musk keeps making these moves because he knows, he doesn’t want it catching up to him. Better to offload the risk to Wall Street.
replyWhat's the old saying, again? "Musk can remain untouchable longer than you can remain solvent."
reply:D As Abraham Lincoln once said, one cannot trust anything on the internet. Still, it is a carefully considered risk. I certainly didn't put money on it I am not ready to actually lose.
replyHey maybe he actually is a genius. After all, he committed securities fraud at least twice and so far has suffered zero consequences.
replywell he is the wealthiest most powerful person in the world right now, mainly because of SpaceX - I think this gives him plot armour until his eventual demise in 8.3 years
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