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Author Topic: What could Elon Musk be buying next?  (Read 1161 times)
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June 28, 2023, 09:35:13 AM
Merited by fillippone (1)
 #1

Elon who was on the internet for having agreed to a fight with Mark Zuckerberg is one of the worlds billionaires with a networth that's more than Mark's Metaverse.

He has followed a trend of acquiring some of the world's top assets in form of largest shares and ownership of the companies.

In 2021 he purchased huge BTC, in 2022 he acquired Twitter. This is 2023 and he is yet working on huge space exploration project to Mars among others like Neuralink, the boring company, Tesla.

My question is, what big purchase could we see Elon Musk likely make this year?

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 28, 2023, 09:46:15 AM
 #2

We can't actually be certain for sure what his new purchase could be. from the start, his interests have been diverse, ranging from SpaceX, cryptocurrency advanced techs like Tesla to Neuralink which was recently approved to carryout human trials. He could probably be planning on buy a planet or even build a country of his own.(an ai advanced tech country) But I know, that what ever it is, it  be would be something we haven't seen before.

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June 28, 2023, 11:35:41 AM
 #3

1.Elon Musk has a Twitter account. Why don't you ask him? He's pretty active on social media, you might get an answer from him. Grin
2.AFAIK, Elon Musk doesn't have Bitcoins. Tesla had Bitcoins, but the company sold them(or a part of them). Elon probably has dogecoins, maybe that's why he was constantly shilling dogecoin in the last 2 years.
3.So you are saying that Twitter is "a world's top asset"? Are you kidding me? Buying Twitter was a mistake, but Elon Musk is rich enough to afford such mistakes.
It baffles me how many people around the world still think that Elon Musk is some kind of self-made genius. In reality, he's a product of the US government and the Federal Reserve.

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June 28, 2023, 11:43:05 AM
 #4

My question is, what big purchase could we see Elon Musk likely make this year?
Not on what will be purchased but for Elon what will produce greater profits than he already has? Elon and Mark's disputes are only limited to jokes but if they are considered serious, both will attract attention that competition has the highest place to increase the price of each asset. After many dramas for the sake of people's drama, people are fed up with this, because it often causes price movements to rise and fall dramatically. Manipulation is clearly visible and Elon Musk position still has a big impact.

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June 28, 2023, 12:01:12 PM
 #5

I don't think Elon is still holding any Bitcoin at least for the eyes of the public last I read about it, it's holding for Tasla were all sold out.
And about thinking on what he could acquire next, is all left for him to decide, he is a business man and all entrepreneurs knows what their targets is, what they need to see in a project before they could make a move on acquiring it. There is no doubt that for him to remain on the top, their should be some sort of commitment on the things he should possibly do and all of that.

One thing is for him to something that he wants and the other is for him to go for a buying proposal, but not everyone is actually willing to sell off their projects, so if he gets his eyes on projects that the owners don't want to sell he will have to back off or better still build a similar thing to that.

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June 28, 2023, 12:04:15 PM
 #6

Then why do you pay attention to Elon Musk's behavior?, Do you want to benefit from what he did?, What context do you want to discuss actually here?, Elon and Mark fights, Spacex, Tesla, Bitcoin Elon, or what?

My question is, why should we know and care about what Elon Musk will do?

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June 28, 2023, 12:11:10 PM
 #7

My question is, what big purchase could we see Elon Musk likely make this year?

Afaik Elon Musk is interested on AI projects such as ChatGPT in which he invested already 50M for the development of this project. I think the closest company that Elon next big/notable purchased will be an AI company that will succeed first on the advancement of AI. Elon really likes a company with crazy idea that will give huge leap for technlogical advancement of human.

ChatGPT is the number contender for the next company being privately owned by Elon Musk. I'm not updated on how ChatGPT ownership status now but I'm sure ELon is really interested to acquire this project.

Source: https://www.cnbc.com/2023/05/16/elon-musk-says-hes-the-reason-chatgpt-owner-openai-exists.html#:~:text=Musk%20was%20an%20early%20backer,emphasis%20on%20safe%20AI%20development.

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June 28, 2023, 12:14:34 PM
 #8

What is clear is that he isn't going to add to his collection of social media platform ownership, let alone intend to buy Meta (not because they're in "conflict"). I see the biggest failure because some new policies that are messy to drop Twitter's valuation. I conclude that Musk's sometimes controversial wishes aren't applicable to platforms that deal with users directly.

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carter34
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June 28, 2023, 12:36:33 PM
 #9

When you are say next are you saying it for this year? for this year I will say nothing at this time. he has made the little buzz for attention for wanting a fight with mark Zuckerberg and that is what I think he want to do this year and maybe do a little hype for dogecoin, work on his space hotel and take advantage of the market maybe he may buy some coins. bitcoin or dogecoin for the bull next year.
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June 28, 2023, 12:38:32 PM
 #10

Few rules I found useful while traversing the world of cryptocurrency and its associated mental stress, is that never take the words of some celebrity or a millionaire for granted thinking that you would get rich. Let them do what they wish to do, you have to do something that is opposite of what they are doing to be able to take advantage of the market.

For example, when they bought doge and started shilling it, you should be selling your doge to profit. When they are buying twitter, sell your shares if you have any.

In either case, you would not always have the upper hand of owning the asset before they make their move, in which case just relax and stop following them. You would lose nothing.

R


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June 28, 2023, 12:54:47 PM
 #11

You are asking for most uncertain thing on the planet earth from the most uncertain person and a billionaire. I think what you talking is something an investor would ask on the daily basis, the media would be asking Elon whenever they see him. This is much interesting question and a question for which world wants answer for.

You can't say for sure but you can always follow him on his social medias and get hint from him. But dont get dragged too much since they are sometimes just his imagination and sometimes they are real hard investment ideas. The question is how trustworthy those little tweets could be or posts could be.

The better idea? Invest in his existing companies, buy some shares and be happy about it in ten years of time.  Smiley
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June 28, 2023, 01:26:31 PM
 #12

Fighting gear if he decides to fight Mark Zukerberg Cheesy

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You get the peow peow
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June 28, 2023, 01:28:56 PM
 #13

Elon will buy this forum, thank me later.

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June 28, 2023, 01:37:29 PM
 #14


3.So you are saying that Twitter is "a world's top asset"? Are you kidding me? Buying Twitter was a mistake, but Elon Musk is rich enough to afford such mistakes.
What makes you think buying Twitter was a mistake by Elon? Is it because of the recent loss of social networks? So what do you think when last year Facebook also had a lot of difficulties, but this year they are gradually recovering?



It baffles me how many people around the world still think that Elon Musk is some kind of self-made genius. In reality, he's a product of the US government and the Federal Reserve.


There will always be conspiracy theories with all the stories in the world, especially stories about billionaires, and they are always the subject of conspiracy theories that they are government people or just puppets of the underworld. But in the end, there's no proof for that, and it's just speculation in the minds of some.

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June 28, 2023, 01:47:23 PM
 #15

if you look at all of elons projects. they all are about space mining
Boring is about making drills for mining and moon/mars underground tunnels between habitats.
but is using R&D for earth transport tunnels

electric cars is going to be about moon/mars buggies/transport. because yea there is no 1million year old pool of decayed trees/corpses on moon/mars that is now coal/oil .. so moon/mars buggies will be electric
again R&D is for earth luxury cars

solar.. well obviously energy source for all electric devices in space

rockets.. well obviously yea earth moon/mars transport.. R&D is transport to space station

neurolink is for medical and communication/bio analysis. because you cant exactly have a family doctor in space you can just visit

the missing piece.. water desalination/purification..

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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June 28, 2023, 01:52:07 PM
 #16

I would be interested in what Elon Musk is doing. Whale sized investments are a lot like self-fulfilling prophecies. If he is mining for gold, I will be thinking how I can supply shovels, if I can.  Cool  I probably won't have enough capital but you never know.

Then why do you pay attention to Elon Musk's behavior?, Do you want to benefit from what he did?, What context do you want to discuss actually here?, Elon and Mark fights, Spacex, Tesla, Bitcoin Elon, or what?

My question is, why should we know and care about what Elon Musk will do?
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June 28, 2023, 02:09:34 PM
 #17

I don't think anyone here knows the heart beats of Elon musk or even knows his secrets deal, Elon is full of surprises and more plans to unveil to the world. Just few people already said above I don't doubt if he is not intending of promoting another shitcoin for a self gain and profits which is why as a fan of Elon you have to be very active and mindful in terms of following his tweets, as he may tweet of any projects and you hastely venture into it without any properly analysis which might results you losing big time.

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SPIN

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June 28, 2023, 02:47:31 PM
 #18

My question is, what big purchase could we see Elon Musk likely make this year?

We're talking about someone whose every move is an event. It has caused a lot of people to enter the crypto market if you ask me. How many people have traded crypto since the day he tweeted about Doge, if only there were stats we could look at.

Now he has come to the agenda with cage fighting and he is doing this on purpose. This man is much smarter than most of us. That's why the whole world is talking about what the man will do next.

This year or next year, he may buy something that will be talked about a lot again. I have no guesses as to what this will be.

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June 28, 2023, 03:19:58 PM
 #19

2.AFAIK, Elon Musk doesn't have Bitcoins. Tesla had Bitcoins, but the company sold them(or a part of them). Elon probably has dogecoins, maybe that's why he was constantly shilling dogecoin in the last 2 years.
How can you really know for sure that Elon Musk does not hold any Bitcoins. I do not believe there is a way to really proof it since he can be doing it with publicly letting the public know. He like dogecoin as he has made obvious, but it is likely that he has dogecoins together with Bitcoins. For someone as smart as Elon Musk, he should know the importance of Bitcoins and why every body who wants to invest in cryptocurrency just have to have some money invested in bitcoins even if they are investing heavily in other cryptocurrency.

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June 28, 2023, 03:24:25 PM
 #20

If Mark and Elon really will fight each in the cage, Elon will buy Facebook to retaliate lol But then the price would be too much for risk.  I can only assume he will buy some companies that are related to crypto like Twitter which had been associated with crypto since Dorsey is known to be a Bitcoin user.

Since UFC had also been associated with crypto for its sponsors like Crypto.com and Vechain, it could be his new target. I bet this match-up with Zuckerberg is just to bridge the connection with Dana White in which Elon will have an interest.


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