I would much prefer Mr. Musk found a nice hobby like yachts or race horses instead of buying communication platforms, bulldozing regulations, and bribing officials with PAC money.

That said, he needs the wealth to keep the whole machine from falling over. One element might be stable but the rest is overstretched and about to go bankrupt at any minute. He is doing this to get back control of Tesla while also investing in AI and not exploding.

He is running forward falling and his wealth legs need to keep up or it all goes down hard (and takes a bunch of bagholders with)

Having the wealth, of course, the glory of being the richest man to have walked earth.

Spending it is not the goal, having the wealth is.

Remember the ridiculous Tesla compensation package that he demanded? That's about having wealth, it's not about spending it.

> Buying islands and making bunkers? It was reported a few years back he'd built a bunker in New Zealand.

He spent $300 million in cash (more than any individual donor in history) to help elect the current president.

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IDK what the calculation is for rich people, but for middle class who had that many children by that many women I don't think the state would leave them anything to survive on other than maybe prior savings.