this post was submitted on 18 Mar 2025
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[–] ch00f@lemmy.world 29 points 1 year ago (4 children)

They just paid fucking 60 billion dollars to him to keep him from quitting. Maybe a smidge of sunk cost fallacy.

[–] CosmoNova@lemmy.world 5 points 1 year ago

Good. Let them drown with their sinking ship. They enabled his power grab in the first place and decided something as perverted and absurd as granting a single man $60 billion. Let this be a lesson in history books.

[–] Serinus@lemmy.world 3 points 1 year ago (1 children)

Did that actually get paid out? Last I heard the judge said no, multiple times.

[–] ch00f@lemmy.world 6 points 1 year ago (1 children)

Yep. There was another shareholder vote and he won it.

[–] Serinus@lemmy.world 1 points 1 year ago (1 children)

No. As of 7 days ago, he has not been paid the $50 billion. The judge's order is holding for now.

https://www.theregister.com/2025/03/12/elon_musk_appeals_voided_pay_package/

[–] ch00f@lemmy.world 1 points 1 year ago

Oh huh. I just remember him winning the new shareholder vote for which I believe the stakes were "gimme money or I leave" despite there being no legal requirement to pay him.

[–] Ledericas@lemm.ee 3 points 1 year ago

the honeymoon from the election is just wearing off.