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TommyJ
Patrick Boyle
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Comments by "TommyJ" (@ImperiumLibertas) on "The Dumbest Buyout" video.
Interesting enough, as much hate as the Hyperloop gets it's actually quite genius just not for the reason you probably think... To launch rockets of requires a lot of dirt. Like a lot a lot. Dirt can make up a significant portion of the cost of a rocket launch. One strategy Musk does is start companies that qualify for grants from the government. Tesla, Space X, Hyperloop all qualify for government grants. Green energy, space exploration, and infrastructure respectively. It would make sense to start a company on government grant money with the goal of "fixing traffic" (litterally that's the stated mission of the Hyperloop company) that requires digging up a lot of dirt. That way the government pays for the equipment, labor, and most other expenses. Musk then sells the dirt at dirt cheap prices to SpaceX. Litterally turning government dollars from a not for profit into cash in his pocket in a round about way. He's used similar strategies in the solar and battery industries. Like him or hate him, here is more than meets the eye when it comes to Musk. I wonder if his supposed buyout of Twitter was strategic in some way. It would seem that he suspects that Twitter has a very high percentage of bot users. Now when Twitter goes to court all of the due diligence documents provided to him will be entered during discovery. It's not clear what his intentions are and probably won't be until it's all said and done.
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