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Twitter is now X
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this post was submitted on 24 Jul 2023
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Technology
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He's not, though. He's had plenty of successful companies that have done some pretty amazing things, and he's become a multi-hundred-billionaire starting from a relatively extremely small amount of seed funding.
I suspect that his successes in other fields may have led him to think he would be just as good at running a social media company, which isn't going so well for him.
He bought a company that got bought by PayPal. He didn't build anything he didn't run anything. He bought an existing company that got bought out. At SpaceX and Tesla they have entire structures created to stop Elon from fucking up shit and to manage him. If you need your company organized to manage the owner and stop them from fucking shit up you don't get to claim to be smart or to build amazing stuff. In every case it's the engineers that build amazing things despite Elon's involvement. Elon himself is an idiot.
If Elon's an idiot who doesn't do anything, then why are so many of his companies successful at the revolutionary things they try? How's Blue Origin doing with its rockets, for example?
I think there's a very clear theme of "I don't like this person therefore I believe he has no positive qualities whatsoever" going on here.
While he obviously has some intelligence, he's still very much an idiot. One just has to look at his immature and mostly incoherent public relations and business decisions to see that. Further, as smart as he thinks he is, he's not designing rockets. He pays much smarter people than him to do that for him.
People will often say that very rich people MUST be extremely intelligent, after all - they have more money than you!
I would counter that sociopathy and the ability to work with a complete lack of morals is what allows people to truly become wealthy. There's no such thing as an ethical billionaire.