Elon Musk, Who is Hoarding Nearly a Trillion Dollars, Says Saving Money Is "Pointless"
Futurism
“Saving money for the distant future is pointless with the advent of super intelligent abundance.”
Elon Musk29 October 2026- What you'll lose3/5
Saving money: 'pointless'.
- Condescension2/5
Abundance as an excuse for your spending.
- Tone-deafness4/5
From a man the headline says is 'hoarding nearly a trillion dollars'.
- Doom0/5
None.
- Hypocrisy0/5
None.
Full time9 pitchforksof a possible 25
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The occasion
X (post), 29 October 2026.
Context
Musk replied on X to a user who joked that she was justifying questionable financial decisions by the coming 'future of abundance'. It repeats his January podcast advice not to save for retirement.
Crowd reaction
Critical commentary
Futurism called it 'a feat of hypocrisy as staggering as Musk's obscene preponderance of wealth' and 'a testament to how out of touch he is'. Gizmodo asked: 'Does Elon Musk act like someone who believes abundance is coming?'.