this post was submitted on 11 Nov 2024
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LinkedinLunatics

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A place to post ridiculous posts from linkedIn.com

(Full transparency.. a mod for this sub happens to work there.. but that doesn't influence his moderation or laughter at a lot of posts.)

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He should give a try (sh.itjust.works)
submitted 3 days ago by [email protected] to c/[email protected]
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[–] [email protected] 0 points 2 days ago (3 children)

Nope. His major companies rely on government funding and regulation, and now he's going to be whatever it was called for Trump. A cool 44 billion to actually control parts of government?

[–] [email protected] 0 points 2 days ago

He's going to be in charge of Department of Government Efficiency (DOGE)

[–] [email protected] 0 points 2 days ago* (last edited 2 days ago)

They’re indirectly in his pocket. And in my view paying 44 billion to control parts of a government in the most powerful country in existence is nothing to scoff at.

[–] [email protected] 0 points 2 days ago

Sort of, but they also benefit from tariffs and lower regulation:

  • Tesla - don't have to cut prices if your competitors have to raise theirs; also, less regulation on cars means he can get to market faster
  • SpaceX - oversight on rocket launches costs money
  • xAI - slashing regulations on AI helps this new company
  • Neuralink - again, regulations are a major limitation here

He is also big into cryptocurrencies, so he stands to gain there as well.

All in all, there's a good chance he makes his $44B back by having Trump's ear and being able to encourage certain changes over others.