Elon Musk’s assets breaks a sound barrier

Elon Musk’s assets breaks a sound barrier

Tech billionaire
Musk’s assets breaks a sound barrier








Elon Musk has disputed with Donald Trump. His car brand Tesla weakens. And yet his esteemed assets reached a new record.

According to calculations by the “Forbes” magazine, Elon Musk, as the first person, has achieved an estimated assets of more than $ 500 billion. It mainly consists of stocks from the electric car manufacturer Tesla and the space travel company SpaceX. According to calculations by “Forbes”, Musk is around $ 150 billion in front of the co-founder of the software group Oracle, Larry Ellison.



A little later, Musk’s magazine estimates a little lower at $ 499.1 billion. Especially in the case of Musk, the assets have to be estimated even more than in other rich because many of its companies are not noted on the stock exchange.


Elon Musk increases assets by $ 100 billion – in ten months

Musk had only cracked the $ 400 billion mark in December. At that time, investors had speculated that Tesla would benefit from Musks proximity to the US President Donald Trump, who was just chosen. And in the first few months of Trump’s term of office, Musk was often seen in the White House. But in the summer the two quarreled – and Trump even threatened to cut Musk’s companies from state funds.

In addition, Tesla’s approach figures weakened, including because some potential buyers were deterred from the right political views of Musk and his role in Trump’s hollowing out the government apparatus. The course then went down. But Musk has now managed to convince the stock exchange that Tesla can find new growth with robotaxis and robots. Musk companies include the online platform X, AI developer Xai and the company Neuralink, which works on brain implants.


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Source: Stern

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