Elon Musk already tanked Tesla, and SpaceX could be next [View all]
Elon Musk, the world’s richest man, runs like six companies. It’s a funny thing, given that even before his DOGE hatchet job to the government, he spent all day on X spouting off. But he did find time to make disastrous decisions like greenlighting the Cybertruck and getting rid of all steering wheel stalks in his cars—all problems for Tesla even before he outed himself as a Nazi.
Since its Dec. 17, 2024 high of almost $480, the stock is down around 45%, down to $263 as of Friday’s close. Given how much of Musk’s net worth is tied to Tesla, that has shaved $121 billion from his high of $464 billion. Unfortunately, he has plenty of money left over to continue his supervillain quest to destroy the world.
But he sure is trying his darndest to kill his other companies.
Over the weekend, following the lead of the Trump administration, he threatened Ukraine with pulling its access to Starlink—the SpaceX internet service powered by a constellation of satellites, that has given Ukraine the ability to closely coordinate combat activities in the country’s front lines.
https://www.dailykos.com/stories/2025/3/10/2309110/-Elon-Musk-already-tanked-Tesla-and-SpaceX-could-be-next
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