Musk

If you want to say something that doesent fit anywhere else!
MAIN WEBSITE: http://www.wheelchairdriver.com

Musk

Postby Burgerman » 14 Jan 2026, 13:24

Elon Musk is the wealthiest person in the world, with an estimated net worth of US$722 billion as of January 2026, according to the Bloomberg Billionaires Index, and $717 billion according to Forbes, primarily from his ownership stakes in SpaceX and Tesla.

Having been first listed on the Forbes Billionaires List in 2011, around 75% of Musk's wealth was derived from Tesla stock in November 2020, although he describes himself as "cash poor". According to Forbes, he became the first person in the world to achieve a net worth of $300 billion in 2021; $400 billion in December 2024; $500 billion in October 2025; $600 billion in mid December 2025; and $700 billion later that month.

In November 2025, a Tesla pay package worth potentially $1 trillion for Musk was approved, which he is to receive over 10 years if he meets specific goals.
User avatar
Burgerman
Site Admin
 
Posts: 71090
Joined: 27 May 2008, 21:24
Location: United Kingdom

Re: Musk

Postby martin007 » 14 Jan 2026, 18:33

Musk is cash-poor to avoid being eaten alive by inflation...
User avatar
martin007
 
Posts: 4101
Joined: 03 Jun 2015, 23:55
Location: Spain

Re: Musk

Postby Burgerman » 14 Jan 2026, 23:49

Well if you look at the time line, hes got a lot of inflation, if HIS businesses.
Cash never makes sense. Anyone with money invests it. Gold increased by more than half (60%) in a year in 25. Same wih many stocks and businesses.

So you can double your money by investing. Of course it makes no sense to buy anything static or cash if its not an investment. But all that money was CREATED by musk, while he manufactured high value products from cheaper raw materiels. That how you create wealth. It then happens to get invested one way or another to allow companuies to make huge factories, that employ people that get a share of this wealth by turning up. It creates wealth for the country too, as he sells these things all over the planet and the money filters back to the USA... All those jobs, factories, employees, and were supplied by the free market. So the company that built the tesla production line made money! Te one that supplied te computers too. All of these people pay tax to the guvernment. Elon himself paid more tax than some small countries on his own! This all pays for military, social services, roads, cops, etc. This is capitalism that the left hate. And it grows.

The left love to tak]x the rich. They love their socialism. They are green with envy at the rich. They seem to either think theres some fixed pie, and the rich have it all. Or that they just dont care that socialism always fails as long as them righ folk get taken down!

The trouble is that those successful people that made a lot of money just look at the tax grab, and the oney gets moved or banked elsewhere. Theres then no rich to tax. And so they then tax the middle... And because thers no investment then theres no better widget, no bigger factory and no need to have all those now impossible to fire and too expensive (min wage etc) employees. So they go unemployed... And it all ends up in a death spiral as yur rediculous startmer and your spanish leader are now attempting! Socialism will collapse the economy as it always does if its left unchecked.

If you want an economy that is AUTOMATICALLY controlled you need FREE market pricing of services, goods, employees/labour, raw materials, insurance, etc.
You need a basic safety net. A strong military, strong police, border control, and a free market economy. And FREE speech.
User avatar
Burgerman
Site Admin
 
Posts: 71090
Joined: 27 May 2008, 21:24
Location: United Kingdom


Return to Anything

Who is online

Users browsing this forum: No registered users and 101 guests

 

  eXTReMe Tracker