this post was submitted on 06 Jun 2025
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He already has fuck you money so he doesn't give any fucks.
For now, he does have that yes, but his wealth is for a significant portion a house of cards built on the value of tesla stock. If the value of that stock falls far enough, lenders who gave him loans with tesla stock as collateral could margin call him, essentially asking for more collateral. That could make him the poorest person in the world quite quickly, i.e. billions in debt.
While you're absolutely correct, even if Musk lost 99.7% percent of his wealth he would still be a billionaire (depending on whose net worth number you choose to use). I wouldn't hold out seeing him in a bread line or starting a gofundme.
huh. showerthought:
broke: gofundme woke: sell shares/stocks bespoke: have your company subsidized by the state