If the punishment is a fine, it's only illegal for poor people.
The only war is class war.
If the punishment is a fine, it's only illegal for poor people.
The only war is class war.
Considering he’s made $400B since acquiring Twitter, this was just a minor cost of doing business.
Considering he’s made $400B since acquiring Twitter...
Serious question: How?
AFAIK, Twitter wasn't terribly profitable before they sold to Musk. Then after he purchased it, the enshittification accelerated.
How on earth does this result in $400 Billions in profit?!?
He made $400B, not Twitter. That's almost entirely from Tesla and other ventures, not Twitter.
Last I've been able to find Twitter was valued at $33B when xAI bought it. But that was clearly an overvalued sale. Just look at the valuation over time.

And that's just raw valuation which is easily manipulated, not revenue or profit, which can be easily manipulated.
Ahh, okay. I understand. Thank you for the clarification.
that is the worst chart
It's not real money, and Musk isn't the richest person in truth, not by a long shot. This is theoretical money based on overpriced companies that are propped up by what I suspect are some rather shady practices and investors using it as a casino stock.
Not necessarily, the fine just needs to be a sufficient size.
Fines are not assessed that way.
Some are, but they often have maximum caps.
So for a UK speeding fine he'd get a £1000, but if it's wasn't capped it would be somewhere in the region of 340 million.
Your Speeding Offence Details
Speed Limit: 30 mph Recorded Speed: 35 mph Excess Speed: 5 mph Offence Band: A Road Type: Standard Road What This Means For You
Your offence falls into Band A, which carries a fine of 50% of your weekly income. Based on your weekly income of £640,000,000, your calculated fine is £320,000,000. This has been capped at the maximum of £1000 for standard road offences.
Why would any such fines be capped, unless the entire point is to effectively legalise crime for the ultra rich?
You sound surprised?
More chagrined than anything else. Having dual citizenship with US and UK is like having one foot in the grave and another foot in the toilet sometimes.
Finland has similar thing, but it is not capped. There's a ton of 100 000+€ fines given around here. Obviously with Musk it would be a bit different, since the fine is based on actual income, not some imaginary monopoly money on the stock market.
So that's like me paying a $20 fine. GOOD JOB
Except he almost certainly won't be paying anywhere near that amount, if anything.
Right, he’s just not gonna pay. It’s not like they’re gonna go get the money from his bank account. Can you imagine Elon Musk being garnished? Never gonna happen
For the rest of us, there would be a seizure of assets and a prison term.
God bless Willie Nelson…
Spoiler alert: he won’t pay or admit any wrongdoing.
admit any wrongdoing.
So, the Trump school of leadership.
This has really spread these days, including living in filter bubbles.
That's a fine of $2 out of a total of $800.
I'd speed past cameras if I was running late, and that was the fine.
He's made billions more after and because of it so he doesn't give a shit about a meaningless, billion dollar fine.
It's an ego thing, he'll hire a bunch of really expensive lawyers and drag it out as long as he can. This is what the rich do.
That's a power thing. Avoiding accountability to the rule of law.
I wish “massive white color crime” for the expediency that a “Black dude swelling a bit of weed” got.
It should be % based of his income. Otherwise it’s not a punishment
This does not work because he will find a way to have 0 income (legally). I don't know how we can make the billionaires pay, but we should tax the assets not the incomes.
So the public paid to see another billionaire do things nobody else can do and get away with it. Nice.
I think he can cut you a check for that in the court room.
Lose change amount
That's assuming they can even get him to pay it.
And now the people he owes will never be broke. They'll always have that money coming "some day".
I wasn't invested in Twitter, but when I heard he was trying to get out of it I bought some stock. I knew he couldn't get out of the deal because it doesn't work like that and he's a dumb ass.
My only regret was not buying more. Thanks for the money, idiot.
oh c'mon! didn't intentionally mislead investors? just accidentally. so they're saying he's an idiot?
I don't understand why these courts charge a set fine for stuff like this. This is clearly an extremely unique case. The man is 20% shy of being a trillionaire.
What really needs to be done is they need to charge a percentage of his profits. Say 20 to 30%.
Cool, so when this reaches Appeals court (which is where it's absolutely going next because they'll definitely appeal it), that 2.1B$ fine will get knocked down to 10$ and a blowjob (for Elon).
But hey, the Washington Post or whatever can get a nice little headline out of it where they pretend billionaires face any sort of punishment in this Capitalist hellscape for 5 seconds so that's nice.
Drop in a bucket. He should be fined of the money he paid to buy Twitter.
That's it, again?
JAIL TIME!
If I steal a bread to feed my hungry children I'll go to jail, but this guy ficks around with billions and all he gets is a tiny slap on his fingers?
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