Has any economist put a value on the commercial activity of Mushin, Lagos, and its effect on the economy? Many see a slum, I see people collectively minting billions.
For those screaming tax the rich
If you have taxed Elona wealth under PayPal, you would have no Tesla or SpaceX to tax today
Stop being crabs in a bucket
Daily activity
Wake
Pilates
Eat
Trade
Trade
Take profit
Lie to men
Say I love you to 5 men
Nightshift trading
Trench with a crypto bro while on call
Vibe on X
Daily walk
Beach
Eat
Lie to men
How many Nigerian companies offer stock options to their staff?
Elon was always destined to become a trillionaire. He has many paths to success, but he also made his employees millionaires through stock options.
Ok, are large companies not listing fresh (IPO) on the stock exchange?
How many publicly traded Nigerian companies provide their employees with a benefit where they can purchase shares of the company, with the company covering the transaction costs?
Any such companies?
Bernie Sanders and Elizabeth Warren, both millionaires, own more homes than Elon Musk, individually and collectively
Don't allow anyone to gaslight you, if you work hard, you will reap the good of the land
If they go after trillionaires, they will come after millionaires later
Buying SpaceX or Dangote is akin to purchasing Messi for $1 billion—that's with a "B."
Is $1 billion expensive? It depends.
If Messi generates $400 million a year in revenue for five years, then $1 billion is a bargain. That would yield a 100% return, or 20% per year.
However, if Messi only brings in $100 per year, that results in a 50% loss.
The price I pay for Messi is important, but the crucial factor is how much he contributes to my club by helping us win trophies.
In the case of SpaceX or Dangote Refinery, the key metric to consider is future earnings.
So your job is to ask 'where will revenues come from and how realistic are the assumptions'?