Patrick Bet David says Elon’s going to $50 TRILLION - PBD
FULL TRANSCRIPT
Musk said something was like, you know,
when Trump said, I'm going to do this
and I'm going to do that and then Musk
said, "Then I'm going to turn off this
and I'm going to turn off that." Folks,
the guy, the auto industry needs his
Chargers. The world needs his Starlink.
the stuff that this guy's built. If
there was anybody that wanted to be
Darth Vader and a villain long term and
he's plotting his moves, this is
probably the first time ever where he
revealed his real long-term moves to the
world. And either the world caught it or
it didn't catch it, but he did reveal
it. Okay? Where he's going to be worth
in the next 20 years 25 to50 trillion
access to the most incredible weapons,
access to the most incredible robots. if
he finds a way to live on a different
planet than any other planet becomes the
enemy to the planet that he's living in.
If he if he goes and does that and he's
got that kind of wealth, you're going to
see the world is going to be ran by this
technocracy,
you know, billionaires have the kind of
wealth that's going to make billionaires
look like they're poor. And that comes
with a lot of power and authority. And
for the first time ever, we watched how
a president went up against the richest
man in the world that used to be
teammates. And on a world scale,
everyone's watching who's got more
power. Let's go 20 years from now and
this type of situation happens. Well,
Elon is worth however many trillion. The
president's in, he's cool with the
president, but now he has uh well, Rob,
a billion robots and he has all this
power and he has all this and this
happens. Does he What does he do? Does
he use his robots? Does he Because now
how do you You can't get into this fight
with him if Okay, so far I'm I'm a
little lost here. This idea that Elon's
going to be worth whatever what was it
25 to50 billion or something like that
because he's going to control all the
robots. Have Have we not heard of
competition? This idea that the Chinese
are probably eating our lunch in
robotics given that they have more
robots per person in the world than any
other country. I think we've forgotten
that there are competitors even to
Starlink popping up. Jeff Bezos is
funding his very own. And I'm not saying
that I don't like SpaceX or Starlink.
I'm an investor in SpaceX. I love
Starlink. I think it's a great product.
I wish I could get it for my plane
sooner. I've been on the damn weight
list waiting for Elon's two weeks, which
has been two years for now. So, like I'm
a big fan of of Elon, but this oh yeah,
he's going to be worth 25 to50 billion.
He's going to make or trillion dollars.
He's going to make billionaires look
poor. Uh I think totally ignores the
reality that one company does not take
all in America. We have significant
competition not just in America, but now
we also have competition we have to
worry about from China and the rest of
the world. So I I think this idea that
only e Elon can do it is living in a
vacuum. And it's nice to be
complimentary to Elon, but I think what
Patrick David here is doing, he's
appealing to his base. There's really,
you know, a lot I would argue that the
average Patrick Patrick David watcher is
probably 25 year old dude. There's
nothing wrong with that. I'm pretty damn
close to that, right? 33y old dude. I
would argue that the vast majority of 25
year old dudes love Elon. Okay, we love
fast cars. We love rockets. We love
robots. Like, these are normal things.
So, I think Elon getting a BJ from
Patrick Bet David here is just sort of
par for the course of what Patrick BD
David's viewers want to hear. But it
does ignore significant realities and
hurdles, but okay, fine. Let's keep
listening. Elon has all these robots,
which he's going to have. He's already
said it, and they're stronger than our
military. Who's going to tell him no?
How can you tell him no? How much
emotional restraint has he shown the
last week? Zero. What do you mean? Zero.
By the way, you have to realize we
respect the the the empire he's built.
It's not easy to build what he's built.
It's very hard to build what he did with
Tesla and the amount of criticism he got
that the support we gave when the
Delaware judge didn't want him to pay
out his 55.3 or 56 billion. also true
that he earned to to build all of these
companies at the same time and become
the modernday Iron Man. But Iron Man was
a good guy. Does this guy deep down
inside is showing signs of a good guy?
Maybe. Who knows? But in the last week,
if you can all of a sudden say something
about someone's wife you mocked and say
something about the president, calling
him a pedophile and then deleting it,
the score for emotional, you may be a
genius when it comes down to creating
wealth, but where are you at for
emotional restraint? and and what
happens when so this is actually finally
I'm glad they're hitting this because
this is what J Jeff Bezos has over Musk
and I think that's where that sort of
potential autistic side of Elon does not
have the social filter it gives somebody
power what does power reveal character
you know so I don't know we're we're
we're entering a very very interesting
next era a Very interesting. Next era.
Ask him if he's called me. Okay. Has he
called me? I won't say anything, but ask
him if he's called me. I don't know if
this is a clip or not, but it's one of
them. Uh uh uh. How long does this one,
Rob? 20. Allan in the chat here says
Kevin saying Elon will not be successful
in robotics. Is brain dead brain rot.
Allan, I think you might be brain dead
brain rot because when did I say that? I
said that there will be competition. I
did not say he will not be successful. I
said he won't be a monopoly.
So take the Elon like Tesla share stick
out of your ass and like listen to
nuance. 27 seconds. Click it. Like let's
see if this is the one on Elon Musk. Do
you plan to speak to him on the phone
anytime soon?
Uh I haven't really thought about it
actually. I would imagine he wants to
speak to me. I would think so. If I were
him, I'd want to speak to me but and
maybe he was already called. You'd have
to ask him ask him whether or not he's
already called, but uh I'd have no
problem with it. If he calls you, you
pick up. Well, I don't want to say that,
but you know, but I would imagine he'd
want to talk to me on Elon Musk. So, so
in this situation, who should call who
first? And not only that, when we're
talking Elon, then Elon said some stuff
apparently with Steven Miller's wife and
all this other stuff that came out, you
know, uh uh uh Steve Bannon demands
Pentagon investigate Musk's push for
sensitive briefing in China. Rob, I
don't know if you I just like I took
your wife, we will make take back
America. No one knows if this is real or
not. They said this was Here's my
question though. Why is he Why are you
deleting stuff? You know, it's going to
live. You're deleting it cuz you got a
phone call saying if you don't delete
this and shut the f up, you're going to
disappear and your companies are getting
shut down. Is that true that he did
tweet that has been verified, Rob? Is
that just a He Oh, yeah. Because he said
I got Grock actually fact checked him.
Grock fact checked Elon cuz Elon posted
something about that. He goes, "Guys,
what was that tweet?" He tweeted
something about that. Elon Grock fact
checked him. Yeah. Well, he cuz he put
it part. Yeah, I'm going to go to a
place here on what's going on. I think
we had it as as a story, too. Okay.
Well, if you find it uh that is on page
uh page six, Musk's own AI claims he
took Yes. Musk's own AI claims he took
Miller's wife and mocked him for it.
Elon Musk has been forced to rebuke
Grock, his own AI chatbot integrated
into X that falsely suggested the tech
billionaire wrote a post that he took
his wife. On Sunday, Grock replied to a
question on X asking whether the post
supporting to be which appeared to mock
the White House deputy chief of staff by
stating just like I took your wife was
genuine. The chatbot answered by
suggesting the post like likely existing
and was deleted in response and
exasperated. Musk post said no it's fake
FS face palm emoji with China. Why would
Elon Musk need that other than to maybe
talk to his business partners about it?
There's no he has no need to know the
the the business plan or the strategic
plan and the war fighting plan against
the Chinese Communist Party particularly
around Taiwan. Now that it's a very
that's a very real possibility as our
defense secretary said in Singapore on
Saturday an attack by the Chinese
Communist Party by the PLA may be
imminent in Taiwan. We've put our our
we've put our allies in East Asia on
notice. So the question is why is Elon
Musk who has no need to know of that
whatsoever why was he forcing himself
into the Pentagon to get a highly
classified brief that has to be
investigated and his security clearance
should be held in abance and with no
security. Okay so here you've got this
speculation that you know Elon's maybe
shilling for the Chinese. Uh that's a
stretch in my opinion. Clarence he can't
run the companies. So whether you use
the Defense Production Act or anything,
but I think he shows by this immature,
oh, Bannon's a communist and and a and a
the fear he has of what's going
to happen given his behavior. How did
Musk respond? How did Musk respond? That
was in response to I believe Elon Musk.
Musk called Steve Bannon a criminal and
a new exile. I mean, he's making valid
points though. There's a bunch of
tweets. These are tweets. Tweet after
tweet after Bannon is a peak
Banick is a peak Banick
is a peak. We're just using the R word
these days. We're making the R word
great again. Is that what's happening?
But here's a part. Here's a part. They
can talk all they want.
Musk said something was like, you know,
when Trump said, "I'm going to do this
and I'm going to do that." And then Musk
said, "Then I'm going to turn off this
and I'm going to turn off that." Folks,
the guy the the auto industry needs his
Chargers. A president went up against
the richest man in the world that used
to be teammates. And on a world scale,
everyone's watching who's got more
power. Can we go there for a second?
Yeah. Yeah. When we've looked at the
political piece on this where we've seen
in history numerous cases, at least
three that uh political outlined where
wealthy entrepreneurs went against and
crossed a president and the wealthy
entrepreneur 100% of the time lost. The
president always wins. Yeah. Could we go
there for a second? Which is kind of
scary. Let's go 20 years from now and
this type of situation happens. Well,
Elon is worth however many trillion. The
president's in. He's cool with the
president. But now he has uh well Rob a
billion robots and he has all this power
and he has all this and this happens.
Does he What does he do? Does he use his
robots? Does he Cuz now how do you You
can't get into this fight with him if
he's that powerful. You can't He can't
get into this fight with Elon if Elon
has all these robots which he's going to
have. He's already said it and they're
stronger than our military. Who's going
to tell him no? How can you tell him no?
How much emotional restraint has he
shown the last week? Zero. The score for
emotional You may be a genius when it
comes down to creating wealth, right?
But where are you at for emotional
restraint? Low. And and what happens
when you give somebody power? What does
power reveal? Character.
You know, so I don't know. We're we're
we're entering a very very interesting
next era. A very interesting next era
where there's going to be rich people.
Then there's going to be wealthy people.
Then there's going to be superw wealthy
people. Then there's going to be
individuals that have more wealth than
80% of countries have. That's the next
phase we're getting to. And the game's
going to change in a big way. in a very
very big way. You're not going to be
sitting there like, you know how when
you're growing up, it's like, well, what
do you want to be when you grow up? You
want to be the richest man in the world?
You want to be a president? You want to
be the greatest basketball player,
Michael Jordan? Do you want to be like
the greatest, you know, actor? Who do
you want to be? For the first time ever,
a person is showing that the most
powerful position in the world maybe
isn't the president. Uh, yeah. I I I
think that's broken. I I think uh I
think Patrick Bet David has this one
backwards. Elon deleted his tweets. Elon
shut down. Elon cowed back. Elon has
basically started shilling for JD Vance
and Trump again. Elon lost this round.
This idea that oh just because you have
the most money in the world historically
inaccurate that you will win against the
president. The presidents always win.
They have way more power and way more
people than an individual can. And yes,
Elon has a lot of dollars which
obviously got him, you know, a door
opened into the White House, but uh I
think it's pretty obvious who won this
round. And so I think Patrick David's
wrong about this one. In the future,
maybe it's a magnitude of money
question. You know what? If one person
has more money than the entire US debt
and they're like, "Hey, I'll just pay
off the entire US debt." Well, maybe,
but we're not there. We're not anywhere
close to that right now. Uh even even
the richest person in the world today
doesn't have 150th of the entire US
debt. Again, maybe that'll change in the
future, but I think Patrick's wrong on
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