BN Edge | Musk's empire, passive money and Joburg's future: with Cy Jacobs

In June, Cy Jacobs predicted SpaceX would one day buy Tesla. Now that the boards are looking at it, he explained why he still wouldn't buy either, and how passive money may be doing more to hold up Elon Musk's valuations than profits. Then he turned to the city he has lived in all his life. The 36ONE co-founder warned that Joburg was close to the point of no return, said who he thought would win the mayoralty, explained what a change in government could mean for the city's bonds, the rand and house prices, and answered whether he would take a job in a new administration.