The Fate of the Musk Corporations

BeepKillBeep
Wed, 23 Aug 2023 15:46:35 +0000
In My Humble Opinion

Mods: Perhaps this is better for IMHO? If so, then please move.

Musk has always been a bit unstable, but in the past several months (around when he bought Twitter) he’s has grown increasingly erratic. There have recently been a few reports that he is increasingly abusing several drugs (e.g., ketamine, Elon Musk's 'escalated' ketamine use could be causing erratic behavior, New Yorker exposé suggests).

Hypothetical: Suppose Musk keels over dead from a drug OD. To be clear, while I have zero respect for Musk, and I don’t think billionaires should exist, I am not wishing death upon him. Hopefully, he has the good sense to get some treatment assuming he is abusing medications.

Question: What do you suppose happens to his corporate empire? Can they survive without him?

My View:

Twitter: The Twitter CEO seems relatively competent but shackled as a shadow CEO. I think if she were CEO, then she could revive Twitter by undoing the damage Musk has done.

Tesla: Tesla seems to already be in trouble with continually weakening sales, and an inflated stock price driven by a (perhaps flawed) belief in Musk. Certainly the stock would tumble to a more realistic valuation. Tesla became what it is largely by exploiting a gap in the market (electric vehicles), but the bigger car companies have caught if not surpassed Tesla (perhaps due to Musk’s obsession with FSD). I think a new Tesla CEO would have to abandon FSD, and immediately work on improving Tesla’s sales figures.

Boring: Boring is dead without Musk. Period. It shouldn’t even be a thing. It is a subway but worse.

SpaceX: SpaceX certainly would do well I think. They’re a legitimate market leader in private space industry (I cannot think of the word… not exploration). They have a multitude of extremely competent people. The best in the business I think overall. They could hire a good CEO (or promote from within) and continue to do well I think.

X: X as a one-stop everything app is dead without Musk because it is singularly his vision (whether flawed or not).

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