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Boosted by jsonstein@masto.deoan.org ("Jeff Sonstein"):
pluralistic@mamot.fr ("Cory Doctorow") wrote:

Here's a fun fact about Elon Musk: in 2020, his (nominal) net worth was $20b, and today it's $1t (nominally). But *that's* not the fun fact; *this* is: everything he's done since 2020 was a flop.

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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2026/06/17/its-the-stupid-economy-stupid/#trillionairitis

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The Federal Reserve building, tilted at an eldrirtch angle, wreathed in mist. In the foreground looms an abandoned cemetery. Overhead flies a blood-red moon in a cloudy, ominous sky.