Ryan Mac
đ€ SpeakerAppearances Over Time
Podcast Appearances
Yeah, someday.
And that is AI and rockets to space and Starlink and all that is $28.5 trillion.
That's the type of hype that Elon Musk is able to sell.
And I think people buy into that largely because he's been successful in the past.
You look at his net worth, for example.
Yeah.
which can fluctuate anywhere from $600 to $800 billion these days.
And you might see that and be like, wow, this man's been very successful.
And he's telling me he's going to hit these trillion dollars in total addressable market.
Let me put my faith into him and let me bet on him because he seems to be going places.
So let's take Tesla.
He took the company public and the company has mainstreamed electric cars around the world.
It has been wildly successful from a stock price perspective.
It's made folks a lot of money and it continues to be a strong public company from a stock price perspective.
And I think that's, you know, part of the appeal of Musk and the part of the appeal of so much of this hype around him.
But also, I covered his acquisition of Twitter back in 2022, which was not... And that is not as much of a success.
You know, he bought that company at $44 billion.
At one point, the valuation of the company, as marked down by some of his investors, was down to $10 billion.
Yeah.