and he isn't exactly a cash hoarder...
A quick look at his financial status, We call him the world's richest man, but it isn't in cash.. Elon Musk's wealth is primarily tied to **ownership stakes** in his companies, rather than cash or physical property. His largest assets include: - **Tesla**: Musk owns about 12% of Tesla, which is a significant portion of his net worth. Tesla's stock price fluctuations heavily influence his wealth. - **SpaceX**: He holds an estimated 42% stake in SpaceX, a private aerospace company valued at around $350 billion. - **X (formerly Twitter)**: Musk acquired Twitter in 2022 and rebranded it as X. He owns a majority stake, though its valuation has reportedly decreased since the acquisition. - **Other Ventures**: Musk has stakes in Neuralink, The Boring Company, and xAI, among others. Musk's wealth is highly volatile, as it depends on the market performance of his companies. He doesn't rely on traditional salaries but instead benefits from stock options and equity-based compensation packages. While he likely owns some real estate and other assets, these are minor compared to his business holdings.
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Message Thread | This response ↓
How much good and how much bad is Elon Musk doing? - Ken C March 24, 2025, 1:13 pm
- Musk is a fucking Nazi - purestevil April 3, 2025, 12:16 pm
- He is doing nothing of value. Just trying to solve imaginary problems.
- KR March 31, 2025, 2:12 pm
- being on the spectrum, helps in politics... and life - scott March 31, 2025, 9:01 am
- and he isn't exactly a cash hoarder... - scott March 31, 2025, 9:09 am
- Elon Musk is an American hero.
- GOG March 28, 2025, 2:06 pm
- Fascinating
- GOG March 27, 2025, 9:08 am
- All good. - Mondo Fuego™ March 26, 2025, 10:50 am
- IF, and that is a big IF, he actually reduces government spending significantly, - DFM March 25, 2025, 5:16 pm
- Elon Musk, though born in South Africa, is an American Hero.
- GOG March 25, 2025, 7:53 am
- How much bad is Elon Musk doing? - Christopher Blackwell March 24, 2025, 6:59 pm
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