this post was submitted on 24 Feb 2025
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[–] webghost0101@sopuli.xyz 13 points 2 days ago (3 children)

Actually you are correct. I thought i had found a number for his liquid money but it wasn’t.

Also got a bit hung up on his stake in Tesla being just 13% but with Tesla being valued at ~900B thats still over ~100B of his ~320B “value”

[–] DakRalter@thelemmy.club 6 points 1 day ago

Someone on Lemmy once calculated that he could lose 99% of his net value, then lose 99% of what's left and he'd still be a multimillionaire. From the 320B, that would still leave him with 32M.

[–] hovercat@lemmy.blahaj.zone 1 points 1 day ago

Also worth noting that he's stated himself that his companies' values are all heavily tied together, and that it's a "carefully balanced house of cards". If Tesla falls, so to does everything else.

Sooner than later his shareholders will sue him for burning their money. This should be interesting.