Musk becomes world's first half-trillion-dollar man

[Yo_Mama_Been_Loggin]

Tesla boss Elon Musk has become the first person ever to achieve a net worth of more than $500bn (£370.9bn), as the value of the electric car company and his other businesses have risen this year.

The tech magnate's net worth briefly reached $500.1bn on Wednesday afternoon New York time, before dipping slightly to just over $499bn later in the day, the Forbes' billionaires index reported.

Alongside Tesla, valuations of his other ventures, including the artificial intelligence startup xAI and rocket company SpaceX, have also reportedly climbed in recent months.

The milestone further cements Musk's status as the world's richest person, well ahead of rivals in the global tech sector.

https://www.msn.com/en-us/money/companies/musk-becomes-world-s-first-half-trillion-dollar-man/ar-AA1NHyjr

He's still a punk ass.

[Irish_Dem]

1. Mean minded, nasty, mentally ill and a drug addict. Sad commentary on our society for rewarding him.

[Ping Tung]

2. Elon celebrates his achievement with appropriate gusto.

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[mwmisses4289]

3. Are those real tangible assets (actual property, cash etc.)

or just stuff moved around on paper (artificial, inflated valuations of companies, stocks, bonds)?

[lame54]

4. He keeps failing upwards...

Once one acquires a certain amount of money - it makes it's own money and no amount of human incompetence can slow it down

[Johonny]

5. Wealth tax before it is too late

It may already be too late

[tinrobot]

6. WTAF? Tesla sales are collapsing worldwide.

Yet the company is worth more than the entire auto industry.

I have no idea how that stock price is being pumped, but it is.

[chowmama]

7. A man so stupid that he thinks what he has is what he's worth.

He's wrong.

[edhopper]

8. Tesla stock

Is so overvalued.
Should be $30, not $300