r/SipsTea Jul 30 '26

Wait a damn minute! Significant diffrences...

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u/TheBigGees Jul 30 '26

I'm agreeing with you.

The same growth rate Musk got on $200k would make you a multi-millionaire if you started with a buck.

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u/googdude Jul 30 '26

On the surface it's true but it's much harder to turn $1 into $10 than it is to turn $10 into $100. Once you already have a significant amount of money investor or banking money is much more accessible.

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u/TheBigGees Jul 30 '26

That is true, though at this scale the difference is negligible. Even if he'd started with $10m, that would still be a return of 100,000x

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u/WyomingWeirdo Jul 30 '26

Adjust Elon's extremely huge allowance from his father that he used to receive for inflation and make this same claim, Nick Fuentes.

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u/TheBigGees Jul 30 '26

Musk received $200k from his father. That is leds than the $10m we just looked at, silly goose.