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EX500rider

(12,121 posts)

138. What did his dad's money have to do with anything?

Tue May 3, 2022, 06:48 PM

May 2022

Are you under the impression Queen's University in Kingston, Ontario in 1990 was exclusive or super expensive?
Or the University of Pennsylvania?

His road to being a billionaire started in 1995, Musk, his brother Kimbal, and Greg Kouri founded web software company Zip2 with funds from investors. Musk says that before the company became successful, he could not afford an apartment and instead rented an office and slept on the couch and showered at the YMCA, and shared one computer with his brother.

Compaq acquired Zip2 for $307 million in cash in February 1999, and Musk received $22 million for his 7-percent share.
He took that money and founded X.com & renamed it PayPal in 2001.
In 2002, PayPal was acquired by eBay for $1.5 billion in stock, of which Musk received $175.8 million.

Where does his dad fit in exactly?

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Highlight:

Ukrainian soldier says Elon Musk's Starlink satellites 'changed the war in Ukraine's favor' [View all] EX500rider Apr 2022 OP

This is awesome!! Lunabell Apr 2022 #1

Musk is a un-American fascist pos. rockfordfile Apr 2022 #28

Yep Lunabell Apr 2022 #34

So he's a Putin supporter but is helping Ukraine fight off Russia? EX500rider Apr 2022 #38

I don't know honestly if he is a Putin supporter however if he is cstanleytech Apr 2022 #40

Really? EX500rider Apr 2022 #41

Yes it could simple as that. Weirder things have happened such cstanleytech Apr 2022 #45

Yes a Simpsons episode is just like helping Ukraine's military in a war with Russia... EX500rider Apr 2022 #53

I used that as a example of wierd things that can happen but I am baffled cstanleytech Apr 2022 #56

No just saying there's no way they don't know they're helping the Ukrainian military EX500rider Apr 2022 #57

Of course they know if it's happening but foreseeing it ahead of time? I doubt it. cstanleytech Apr 2022 #60

You do know starling was sent AFTER the invasion right? NotTodayPutin May 2022 #74

Sure however that does mean that the Ukraine military using it could have been foreseen. cstanleytech May 2022 #76

"does mean that the Ukraine military using it could have been foreseen." EX500rider May 2022 #90

Musk doesn't give a rat's ass about Ukraine rockfordfile Apr 2022 #51

So he donated the Starlink service why exactly? EX500rider Apr 2022 #52

Musk is giving with one hand and being un-American fascist pos with the other rockfordfile Apr 2022 #54

Musk may indeed be all of these things, or LuckyCharms May 2022 #91

An independent citizen that's done more for Ukraine Igirl May 2022 #95

I'll give credit where credit's due NBachers Apr 2022 #2

...to all of the overworked SpaceX employees that engineered, built and manufactured these ColinC Apr 2022 #4

Post removed Post removed Apr 2022 #7

Why is giving credit to the people who developed and built a device ColinC Apr 2022 #8

Does musk deserve any credit? Nt USALiberal Apr 2022 #9

Virtually none. ColinC Apr 2022 #11

This message was self-deleted by its author USALiberal Apr 2022 #12

Question: have you ever had a candid conversation with a SpaceX employee? ColinC Apr 2022 #13

They are welcome to quit. That's what people do when they hate their jobs. USALiberal Apr 2022 #15

They do. Just look at the NLRB complaints and turnover rates of his companies.. ColinC Apr 2022 #59

Are you saying no one wants to work for Musk? Hoyt Apr 2022 #16

Not at all. But I would imagine he would get better results if they were not burned out ColinC Apr 2022 #58

Most of the engineers, etc., likely don't feel burnout. Bet they are humming, Hoyt Apr 2022 #62

Have you spoken with any? ColinC Apr 2022 #64

There is not a large company -- even ones favored by Dems -- that doesn't have Hoyt Apr 2022 #65

The companyis currently being sued by the state of California for racism ColinC Apr 2022 #66

Bet they have a long waiting list of Democrats who would love to work for Musk. Hoyt Apr 2022 #67

Still doesn't change the evidence that it is likely a shitty place to work for. ColinC Apr 2022 #69

Nor is there another large company that's done as much Igirl May 2022 #97

Yep, "Elon bad" seems to be the meme of the week. Hoyt May 2022 #98

He's always sucked. ColinC May 2022 #100

The people waiting for a chance to work for his companies don't bear that out. Hoyt May 2022 #101

The people leaving for better companies, do. ColinC May 2022 #107

What exactly are those better companies? Hoyt May 2022 #110

Literally any other major defense contractor. ColinC May 2022 #117

Boeing has lot of employee complaints. Plus, Musk gets points for not being heavily into bombs, etc. Hoyt May 2022 #118

Boeing has lots more employees. Per Capita, they have far less complaints. ColinC May 2022 #119

Love how we've turned to supporting military spending to further hate on Musk. Hoyt May 2022 #123

Not hating. Just acknowledging how defense companies do better ColinC May 2022 #124

I disagree. I think the companies that make the javelins, etc have done far more ColinC May 2022 #99

Now, you are supporting Raytheon & Lockheed Martin to get at Musk. Jeeeeez. Hoyt May 2022 #102

Do you deny they have built the basic weaponry for Ukraine to defend themselves? ColinC May 2022 #104

I don't care. Zelensky: "I'm grateful to him [Musk] for supporting Ukraine with words and deeds." Hoyt May 2022 #108

Cool. What has he said about weapons? ColinC May 2022 #109

The drones are basically useless without a sat link back to the user. EX500rider May 2022 #111

And the satellite links are useless without weapons to protect them. ColinC May 2022 #112

the profiteering MIC? WarGamer May 2022 #103

Cannot deny that. I also cannot deny they have helped Ukraine substantially ColinC May 2022 #106

the MIC doesn't load boats with weapons for free... WarGamer May 2022 #127

I like the idea of not needing it entirely ColinC May 2022 #128

High rankings manicdem May 2022 #83

Just read this story about him. I worked in a situation like this once and loved every minute. Hoyt May 2022 #113

Agree with Colin C. AllyCat Apr 2022 #19

"Taxpayers bought the comm system." EX500rider Apr 2022 #55

SpaceX originally claimed the US gave them nothing. That was a lie. ColinC Apr 2022 #61

Orginally they didn't Sgent May 2022 #77

Not true. The entire charge of shipping was covered by the government ColinC May 2022 #78

There is no "retail" version sold Sgent May 2022 #79

Again. Not true. ColinC May 2022 #80

The systems cost a lot more than that. manicdem May 2022 #81

Great. I hope that's true. Just feel Musk loves to toot his own horn AllyCat May 2022 #70

And yet, he quitely donated $5.7 B recently, didn't toot his horn, and people still bashed him. Hoyt May 2022 #115

Yet still pays nearly 0 taxes. Donations don't compare to his fair share of taxes he has avoided. ColinC May 2022 #120

Actually, he paid $11 billion in taxes recently. That was before selling Hoyt May 2022 #121

Less than 5% in taxes ColinC May 2022 #125

Colin, you can start a company and get the same breaks as Musk for amortizing startup expenses, Hoyt May 2022 #129

Or people can just start paying their fair share in taxes to begin with ColinC May 2022 #132

...if my dad owned an emerald mine in apartheid south africa ColinC May 2022 #135

What did his dad's money have to do with anything? EX500rider May 2022 #138

Trying to tell a random lower middle class person that they have the same ooportunities ColinC May 2022 #139

Who says his dad was a billionaire? EX500rider May 2022 #140

5% of what? You don't pay taxes on your total wealth every year but on income nt EX500rider May 2022 #133

Most people actually do pay based on nearly their total wealth ColinC May 2022 #134

Musk is paying the highest tax bill ever paid by a individual for last year $11 billion EX500rider May 2022 #122

That highlights a larger problem. It doesn't actually make Musk honorable. ColinC May 2022 #131

The government paid about 3X the retail price for the systems. ColinC May 2022 #71

The question should be if the Us govt had not stepped up and paid would musk have acted anyway? PortTack Apr 2022 #25

Not to mention.... SergeStorms Apr 2022 #30

What makes you think the govt paid for them all? EX500rider Apr 2022 #35

The question remains. ColinC Apr 2022 #63

I don't agree with your assessment of the WaPo article PortTack May 2022 #92

By "my assessment" you mean my direct quote from the article? nt EX500rider May 2022 #94

This PortTack May 2022 #96

No, a terminal costs a lot more but Starlink sells them at a big discount when you sign up for 3 yrs EX500rider May 2022 #105

Okay so their website says the cost is $600? Very curious. If the cost is really $1500 PortTack May 2022 #116

It wasn't just the US, according to news reports, it was MerryBlooms May 2022 #126

Actually they did gift most of them. EX500rider Apr 2022 #39

Starlink dishes are sold at 500 a piece ColinC Apr 2022 #68

Kits cost more manicdem May 2022 #82

Trump is on Russia's side along with most of the GOP. blm Apr 2022 #3

"... on Russia's side along with most of the GOP." EX500rider Apr 2022 #36

I still don't trust Musk Pachamama Apr 2022 #5

So, NASA was stupid to hire him?? Nt USALiberal Apr 2022 #10

There was a thread on that too bashing NASA for using contractors, not Hoyt Apr 2022 #18

NASA was ENTIRELY contractors localroger Apr 2022 #47

Most government contractors are half decent ColinC May 2022 #73

The Russian generals are probably pulling their hair out. lpbk2713 Apr 2022 #6

the ones that are still alive.... bahboo Apr 2022 #14

+1 Celerity May 2022 #75

Now, that's not fitting with the general tenor. Hoyt Apr 2022 #17

Well, I at least give him credit for that. Crunchy Frog Apr 2022 #20

Musk seems like he has a split personality. nycbos Apr 2022 #21

The technology definitely did a solid for Ukraine but its wasn't given away, it was purchased by yaesu Apr 2022 #22

Supposed silver lining for Dem Elon fanboys greenjar_01 Apr 2022 #23

Well that's cheering! nt LAS14 Apr 2022 #24

Credit orangecrush Apr 2022 #26

Musk should buy some Fighter Jets for the Ukrainians, instead amuse bouche Apr 2022 #27

Reliable communications and internet EX500rider Apr 2022 #33

My point was the grotesque waste of money on buying twitter amuse bouche Apr 2022 #44

How exactly did he benefit from apartheid? EX500rider Apr 2022 #46

He does some good things. He's a mixed bag. Wingus Dingus Apr 2022 #29

Not Wise To Publish This DallasNE Apr 2022 #31

Russia has already been trying to hack Starlink EX500rider Apr 2022 #37

That's often to the case. Igel Apr 2022 #43

Exactly! Nt ecstatic May 2022 #137

Well, Musk Is A Little Less of a Jerk Deep State Witch Apr 2022 #32

More supervillains should do good things IronLionZion Apr 2022 #42

The ones he promised were free but the US paid for instead ? SoonerPride Apr 2022 #48

Don't think so: EX500rider Apr 2022 #49

Kudos to you for putting forth logic and reason vs. unsupported, emotional drivel. Abolishinist May 2022 #72

Next he'll take credit for the sun rising. dalton99a Apr 2022 #50

I'm thinking some USA and NATO 48656c6c6f20 May 2022 #84

No not really EX500rider May 2022 #87

It works like this: EX500rider May 2022 #88

Yeah think 48656c6c6f20 May 2022 #89

"Radio Shack" stuff? EX500rider May 2022 #114

Hope he doesn't decide to use them against democracy in a fit of pique next time (Nt) FreepFryer May 2022 #85

k&r BSdetect May 2022 #86

Musk supporting freedom for Ukraine is good. His freedom of speech position is problematic andym May 2022 #93

Musk isn't pro Putin. DemocratSinceBirth May 2022 #130

A very good thing! 👍nt Raine May 2022 #136