Elon Musk has become the first person to reach a net worth of $500bn, bringing the Tesla chief executive halfway to trillionaire status.
Musk’s wealth temporarily crossed the half-trillion mark on Wednesday before retreating to $499bn, according to the Forbes billionaires list.
Musk owns 12% of Tesla, which is worth more than $1.5tn, and his wealth has been boosted this year by surge in the electric carmaker’s share price.
He might own that much, but he is definitely not worth it.
All that money and he still can’t buy a friend.
But he continues paying random women to have his kids because they all start hating him after a while, and apparently 13 tries hasn’t been enough for him to notice the one thing in common with all of them.
I don’t think he cares all that much if they like him as long as they disseminate his precious genes and tolerate the idiotic names.
A more fitting photo
The system is so broken
The system is doing exactly what it’s supposed to
The system is so broken
It’s working exactly as intended
Not broken, but the wrong system.
This is a recession indicator
Imagine if 99% of his net worth were redistributed to the people who need it most and reivested in the economy. And even then, that asshole would still have $5 billion left over.
Almost all of that money is imaginary. Look at Tesla’s $1.5T “worth”. If you liquidated the company down to the staplers and pens, you’re probably only going to get a few billion.
If we’re saying that $1.5T represents current assets and future growth, yikes. Tesla ain’t doing so hot and I hardly expect them to turn it around with this genius at the top. The stock price merely reflects people buying because people are buying. Nothing attracts a crowd like a crowd! Someday that stock is going to crater.
Anyway, same goes for Musk. He can turn but a fraction of that net worth into cash. Imagine if he started selling Tesla stock. First off, the market would panic seeing the CEO dumping his own stock, the price would plummet, instantly. Even if word didn’t get out, the market would still be flooded, driving the price into the ground.
CAVEAT: None of this considers the value of SpaceX. 🤷🏻
$1.5t is the market cap which is simply stock price x # of shares. It has no direct correlation to the assets of the company or the amount of profit it makes. People misunderstand market cap and what it means all the time.
In case you needed more proof that this system does not reward hard work.
Truly a great indicator of the US economy’s health.
K. Then can he go ahead and fix universal healthcare and fix world hunger?
It would make him a superhero. And people wouldn’t think he was such a raging douche nozzle.
With what money? The vast majority of his “wealth” is imaginary. When Tesla investors, who know damned well they’re riding a bubble, finally decide they’ve made enough money, risked it long enough and it’s time to bail, the bubble pops.
Not saying that because the man is a raging douche nozzle, it’s simply reality.
Gross
Don’t forget that he also holds the record for the largest net worth loss ever recorded for a single person (source)
Sadly not large enough, but we believe in him.
My math may be off, but, I’m good at my job and I make 1.78E-7 less money than this douche nozzle, who is terrible at everything, and slowly destroys all his companies.
Grind Elon Into a Fine Paste 2025
What’s that neck choppy thing called? Feels like it had a purpose once.
There’s a newer faster model. It travels fast and you can use it long distance. It was used recently on a real piece of shit.
Fantastic! I’m so glad the cure for fascism is in a pill, and has a handy applicator!
Get leadpilled as the kids would say.
There’s a reason why Dragons hording gold isn’t a good thing in fantasy. An economy works when there’s flow. The musks of the world are stunting it.
bn means beans right?
