No.1035
Couldn't Elon personally fund those rockets himself?
No.1036
This explains the problems in it's design as well, I said a while ago that I thought it was going to tear itself apart as it's just too bulky and cheap. I think that is the point, the idea of it being reused is hogwash, he is mass producing grain silos to send satellite swarms into space.
No.1037
>>1035No. His wealth is tied up in shares. He did sell some of them not long ago but if he sells too many it will crash the share price. He already has a lot of his shares in Tesla used up as collateral for loans anyway, that's a large part of the reason these projects are happening in the first place. Investors are throwing money into a bubble and he is capitalising on it by using his bloated shares to back loans to fund them. As he already has a large part of it backing loans he might not be able to use more and if he sells too much and lowers the share price it might cause the bubble to pop and the loans that he has taken out would then be backed by nothing and he would be in monumental debt.
No.1039
America is just a bunch of guys trying to scam each other, and the richest people are just running the best scams.