Elon Musk becomes the world's richest person

[Viscount]

This guy net worth has skyrocketed as of recently, I remember just a few years ago he had barely over 10 billion. Are those Tesla Cars selling like hotcakes or something.

Elon Musk is the World’s Richest Person in 2021

This year is touted as a year of change—and just six days in, there's already a new world's richest person in 2021: Elon Musk.

www.visualcapitalist.com

 

[Oromia President]

Penus

 

[Milano Ahmed]

Bro/Sis You say “barely over 10 billion a few years ago” like it’s a small number

 

[Viscount]

Bro/Sis You say “barely over 10 billion a few years ago” like it’s a small number

10 Billion could feed a whole nation lol, my bad.

 

[Sloane Ranger]

Elon Musk is also the richest African. Double win right here.

 

[Viscount]

Elon Musk is also the richest African. Double win right here.

His family was rich during the apartheid, you know oppressing those wild South Africans.

 

[Milano Ahmed]

Elon Musk is also the richest African. Double win right here.

I mean he’s obviously ethnically European but I like your shamelessness

 

[Fratello]

Can’t lie i thought Elon Musk was a youtuber or tiktoker until recently

 

[Sloane Ranger]

His family was rich during the apartheid, you know oppressing those wild South Africans.
View attachment 164698

I support apartheid in South Africa. It needs to be brought back to tame the savages.

 

[Sloane Ranger]

I mean he’s obviously ethnically European but I like your shamelessness

Stop trying to divide Africans we are all one people.

 

[Oromia President]

Stop trying to divide Africans we are all one people.

No we aren’t Africa is too big for that move the Bantus back to North America and Europe

 

[Apollo]

Elon Musk's wealth is unstable and can collapse quickly once Tesla stock goes down in a financial crash. Moreover, Tesla is not even a top car manufacturer. Companies like Volkswagen and Toyota sell way more cars.

Jeff Bezos is the world's richest man on a more solid ground.

 

[Viscount]

I support apartheid in South Africa. It needs to be brought back to tame the savages.

Don't say that, them South Africans might catch you lacking.

 

[Hassan mahat]

elon musk's empire can collapse anytime. he is not calm and collected like jeff bezos.

 

[Apollo]

Look at the 2019/early 2020 net worth bar on that chart. Musk went up a lot in a single year due to a bubble in his stock, not because of him getting more real assets or good revenues from his company.

It is also very difficult to nearly impossible for billionaires to cash out billions of stock without driving the price very low.

 

[Hassan mahat]

i feel musk was hyped particularly by his space x mission. since his rocket delivered the NASA astronauts to the international station, his fame and stock bubbled,

millennial also hype him up so much.

 

[Royalflush]

Elon Musk's wealth is unstable and can collapse quickly once Tesla stock goes down in a financial crash. Moreover, Tesla is not even a top car manufacturer. Companies like Volkswagen and Toyota sell way more cars.

Jeff Bezos is the world's richest man on a more solid ground.

He has more stable ventures like space x backed by the US government

 

[Milano Ahmed]

Elon Musk's wealth is unstable and can collapse quickly once Tesla stock goes down in a financial crash. Moreover, Tesla is not even a top car manufacturer. Companies like Volkswagen and Toyota sell way more cars.

Jeff Bezos is the world's richest man on a more solid ground.

True but Tesla was only invented in 2003 but only really became well known around 2013 or 2014. Comparing Tesla to Volkswagen and Toyota which both was established in the 1930s is a bit harsh on Tesla.

Tesla is playing the long game Bro. When Jeff Bezos started Amazon in 1994. People back then barely knew how to use the internet. He played the long game and it’s paid off now.

 

[Apollo]

True but Tesla was only invented in 2003 but only really became well known around 2013 or 2014. Comparing Tesla to Volkswagen and Toyota which both was established in the 1930s is a bit harsh on Tesla.

Tesla is playing the long game Bro. When Jeff Bezos started Amazon in 1994. People back then barely knew how to use the internet. He played the long game and it’s paid off now.

Tesla is a hyped up stock, go to this subreddit and see how many degenerates are gambling on it:

Reddit - Dive into anything

www.reddit.com

It doesn't reflect the true value of this company.

Around the year 2000, companies like Yahoo had similar ridiculous valuations, but today are no longer as valued.

Amazon has a more long term secured future. Tesla is questionable as regular car companies can just implement whatever Tesla is doing easily while Amazon was/is operating in a winner takes all market.

 

[Xanibacal bin Barqa]

Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies

he’s built those companies with the help of billions in government subsidies.

Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support,

https://www.google.com/amp/s/www.la...-musk-subsidies-20150531-story.html?_amp=true