@IAmPraveenVarma@multiplanet1 Nobody has forced investors to invest in SpaceX. Perhaps they invest because they know their investment will contribute to something spectacular in the future.
@BBeatsDOTeth@capesocialist@RoryDuncan1966 Go and read how many of Elon’s employees were rewarded financially for working for them. Who is benefit from BEEE? Only a few ANC elite does. Imagine hoe many jobs could be generated if you and the
ANC was not retarted
Elon Musk didn’t become rich overnight or by accident. He started in the 1990s by building and selling companies like Zip2 and PayPal, then reinvested everything into high-risk ventures like Tesla and SpaceX.
At one point, he was close to bankruptcy—pouring nearly all his money into Tesla and SpaceX to keep them alive. That was a massive personal risk.
His wealth today mainly comes from owning large stakes in companies that became extremely valuable, especially Tesla and SpaceX.
But it’s not just about him getting rich—he created enormous wealth for others too. Thousands of employees became millionaires through stock options and equity. In fact, a recent SpaceX IPO created over 4,400 employee millionaires—including ordinary workers like technicians and factory staff.
That’s what entrepreneurship at scale looks like: taking huge risks, building companies, creating jobs, and generating wealth not just for yourself, but for employees and investors.
So the real question is: while some people take risks, build, and create—what are others doing with their own opportunities?
Elon Musk didn’t become rich overnight or by accident. He started in the 1990s by building and selling companies like Zip2 and PayPal, then reinvested everything into high-risk ventures like Tesla and SpaceX.
At one point, he was close to bankruptcy—pouring nearly all his money into Tesla and SpaceX to keep them alive. That was a massive personal risk.
His wealth today mainly comes from owning large stakes in companies that became extremely valuable, especially Tesla and SpaceX.
But it’s not just about him getting rich—he created enormous wealth for others too. Thousands of employees became millionaires through stock options and equity. In fact, a recent SpaceX IPO created over 4,400 employee millionaires—including ordinary workers like technicians and factory staff.
That’s what entrepreneurship at scale looks like: taking huge risks, building companies, creating jobs, and generating wealth not just for yourself, but for employees and investors.
So the real question is: while some people take risks, build, and create—what are others doing with their own opportunities? And saying sies man
@MadDuck68317982@CyrilRamaphosa Cyril become rich without taking any risk with his own money. He received shares from Standard Bank. And he hide money in furniture. You cant even mention them in the same sentance
Elon is effectively being shut out of doing business in his own country. The ANC is using BEE policies to block his efforts. Why should someone in his position be forced to hand over a significant share of his wealth to a government he does not trust? The real tragedy is the scale of lost opportunity—imagine how many jobs, investments, and economic growth could have been created if he were allowed to operate freely in South Africa.
The whole Phala Phala saga is problematic. Just thinking about the volume of $580,000 is mind-boggling. The second question is: how did that amount of cash end up in South Africa? SARS requires that any amount equivalent to $10,000 be declared. Thirdly, conducting a transaction in cash — and for that amount in dollars — does not sound legitimate. The question should be: where did the money come from, and why was it hidden in furniture instead of being kept in a safe?
The whole Phala Phala saga is problematic. Just thinking about the volume of $580,000 is mind-boggling. The second question is: how did that amount of cash end up in South Africa? SARS requires that any amount equivalent to $10,000 be declared. Thirdly, conducting a transaction in cash — and for that amount in dollars — does not sound legitimate. The question should be: where did the money come from, and why was it hidden in furniture instead of being kept in a safe?
@ZounaidOsman@AfricaisBlack Are you high, or completely out of line? Dragging the apartheid sports boycott into a discussion about a flag at Houghton is absurd. You’re entitled to your opinion—just don’t politicise golf
You have a clear choice: continue living in a city that is falling apart under the ANC and give them another four years—hoping things will improve after 30 years of disappointment—or choose a different path by voting for the DA. If change is what you want, can they really do any worse?