It’s not just Musk — as soon as you hit a certain level, it basically becomes impossible to fail. I’ve noticed that even if a senior leader is ousted from a company in disgrace, another company will invariably pick that person up fairly quickly.

> I want to learn what I'm missing.

The perverse thing is that betting on the irrational behavior of other investors seems paradoxically rational at this point. Just, don't get caught holding the bag.

investors are simply off-setting the losses to the next investor they sell to. Musk brand is still valuable and his bubble keeps growing. It is only the investors present when the bubble bursts that'll be at a loss.

You only need to grow your investment, sell it off to the next person, and exit before it happens

If you take your assumptions as a given and end up at a contradiction, then there is a rather logical explanation.

At some point it's no longer a product and a company as much as a financial instrument.

> so I want to learn what I'm missing.

Capitalism isn't meritocratic, and the market for obtaining finance isn't rational.