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Elon Musk Becomes World's First Trillionaire - Business (6) - Nairaland

Nairaland ForumNairaland GeneralBusinessElon Musk Becomes World's First Trillionaire (22948 Views)

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Re: Elon Musk Becomes World's First Trillionaire by Babastrong(m): 10:54am On Jun 12
[quote author=Zee0007 post=139691493]Mine own thinking looks like BP. grin[ 😂😂😂. It is well]
Re: Elon Musk Becomes World's First Trillionaire by Babastrong(m): 10:57am On Jun 12
[quote author=geoworldedu post=139691562]Think and die, hypertension is around the corner. Thinking without a starting capital leads to hypertension. Thinking with an initial sizeable capital leads to productivity grin[ don't mind him jare. ]
Re: Elon Musk Becomes World's First Trillionaire by Babastrong(m): 11:00am On Jun 12
[quote author=socoharley post=139691575]Think about solutions not problems...I am currently working on a solution the world has never seen grin[ but the funniest thing is that you may never see its reality in this country of ours.]
Re: Elon Musk Becomes World's First Trillionaire by Miramonica: 11:00am On Jun 12
Senior man Elion Musk.
Re: Elon Musk Becomes World's First Trillionaire by sundayezege4(m): 11:01am On Jun 12
geoworldedu:
Think and die, hypertension is around the corner. Thinking without a starting capital leads to hypertension. Thinking with an initial sizeable capital leads to productivity grin
Well scripted
Re: Elon Musk Becomes World's First Trillionaire by Mirasteel: 11:16am On Jun 12
First man to be worth $1 trillion.

God has really blessed him.
Re: Elon Musk Becomes World's First Trillionaire by Newyorkitis(m): 11:32am On Jun 12
educatedfool:
America's wealth measurements can be misleading because they are based largely on asset prices, which can be inflated by speculation.
In this era of social media, nothing is wrong if you can write this out and get top newspapers to publish it.
E no get how e want be, you go dey known for the whole world.
Stop wasting your knowledge here, Sir/Ma.
Re: Elon Musk Becomes World's First Trillionaire by eagleonearth(m): 11:32am On Jun 12
Antoeni:
This Man Can Conveniently Gift Every Human On Earth A Million Dollar
he cannot and mind you, the calculations are more or less rough-estimated based on non-liquid assets.
Re: Elon Musk Becomes World's First Trillionaire by Adakintroy: 11:39am On Jun 12
Zee0007:
God when? Even 1 thousand naira I no get for account but see person net worth. Kai! When will I boast of even 100k naira for account?
Go find work. No ask God. He don give you hand leg and brain. The time you take de write this yiu for don start your search
Re: Elon Musk Becomes World's First Trillionaire by CSTRR: 11:49am On Jun 12
Well, he is the richest man in a country that prints the dollar as a national currency.

They prints so much dollars and exports the inflation to the rest of the world.

It's impressive what he has done but not so impressive.
Re: Elon Musk Becomes World's First Trillionaire by MarketDispatch: 11:53am On Jun 12
Kaido:
A rich genius

Congratulations to him.
He used his thinking to grow rich
Re: Elon Musk Becomes World's First Trillionaire by Biodun1929(m): 11:57am On Jun 12
Larrycool1234:
Is the 1t that very accessible ?..... l mean liquid cash
No. No one has his net worth in cash. It's always based on what all their assets are worth, and assets worth can flunctuate.
Re: Elon Musk Becomes World's First Trillionaire by tesuto1(m): 11:57am On Jun 12
And what will you qualify ashuh Una go just dey yarn carelessly. Dangote is still the richest black man on earth.
omoredia:
DANGOTE will only qualify to be the friend of his dog
Re: Elon Musk Becomes World's First Trillionaire by TradingGod: 12:02pm On Jun 12
ARISHEM:
Bill Gates even give out far more than Elon Musk and not much of it was announced to the world. Don't think Elon musk is the most generous among the billionaires because he donated $10 million dollars to Christ embassy.
If Bill gates want to get to become a trillionaire he would have been there more than 10 years. I believe Elon Musk like Bill gates is not chasing that fantasy of becoming a trillionaire by becoming a Christ embassy top financier even though the church decided not to make contributors anonymous.
You are like saying if he did not give out that amount to Christ embassy he will not achieve that Trillionaire status. If you are diligent in your work you will achieve more than expected [quote]
/if it's so easy hit trillionaire status via hardwork, how come he is the only oerson to achieve such fit?


Or are other billionaires too lazy to teach trillionaire status?
Re: Elon Musk Becomes World's First Trillionaire by educatedfool: 12:03pm On Jun 12
Reference:
EVERYTING in this world is based on speculation.
The woman who takes her ten thousand to the market to buy stuff to fry akara this morning is liquidating in anticipation of increasing it's worth by mid morning.

Well it's a cold rainy day, with few folks on the streets. That speculation may hit weather related turbulence and that worth falls short by the end of the day.

It is not about her but factors BEYOND HER CONTROL Elon is as rich as the world prescribes him to be this Friday morning at 8.32 am. That is not misleading. That is a reality that affects everything and everyone on earth.
You're mixing up two different things: uncertainty and speculation.

The akara seller is investing in a productive activity. Her profit depends on demand, weather, and other factors she cannot control, but there is a real underlying business creating value. That's not the same as assigning a trillion-dollar valuation to a company based largely on expectations about future earnings.

Every economic activity involves uncertainty, but not every valuation is equally grounded in reality. A farm, a factory, or a food business produces goods and services regardless of what the market thinks tomorrow. A stock price, on the other hand, can rise or fall dramatically without any corresponding change in the company's actual productive capacity.

So the criticism isn't that wealth changes with market conditions. The criticism is that measuring wealth primarily through asset prices can exaggerate wealth when those prices are driven by optimism, speculation, or asset bubbles rather than tangible economic output.

In other words, uncertainty is universal, but that doesn't mean all forms of wealth measurement are equally reliable.

But what do I know? I'm just an educated fool trying to make sense of it all. smiley
Re: Elon Musk Becomes World's First Trillionaire by Gboss247(m): 12:05pm On Jun 12
qualitymart:
Despite massive embezzlement of funds, non of the Nigerian politicians can smell such feat

Kill corruption, don't kill Nigerians
How many politicians have you seen on Forbes list?
Re: Elon Musk Becomes World's First Trillionaire by TradingGod: 12:07pm On Jun 12
Cutezt:
Even this link, the YouTuber said there is no verifiable source for the news, and he asked ChatGPT to confirm it, and ChatGPT also gave a disclaimer that it is not verified.

You really think these billionaires have time to debunk all these petty rumours? Do you know how many times his name is mentioned on Twitter alone in a single day? Do you know how many clearly unfactual info has been spread on Twitter by people and he has not responded to even 1 till date?

You know how I see this news? I see it like all those banners where they put big corporations' logos as sponsors in order to give the event some prestige and hype, meanwhile, the organization doesn't know anything about any event like that.

I was driving home some days ago, and i saw a banner at the estate gate with Peterson Okopi as a guest minister for one church, wghat attracted me was that 3 of the listed music ministers are my close friends, so i stopped to check it out, lo, it was a church close to my place, they did the same program last year and one of the ministers invited me, and i saw peterson's picture there, so was wanting to attend, but unfortunately, i got too busy and couldnt, so i just decided to stream it online, my brother, from begining of program till the end, no peterson, no apologies, no mention of anythinf peterson sef, i went to his page to see, there was no mention of a church like that in the fliers there, i was actually surprised when i first saw the banner cos that church is small, my church has invited peterson 3 times, and as part of the organizinfg comitee, i know how much we paid him, so a small church like that paying him wll actually be a miracle.

moral of the story, there is absolutely no proof or evidence that Christ embassy was not 'Lambaring' there. EOD.
Christ Embassy is not a local church, it is am international church with influence in the media, if they claim Elon musk did something that he didn't, he would have sued them for using his name without his consent

And who told you that Elon musk does not know what is happening in his twitter community, mind you that news trended on twitter during that period
Re: Elon Musk Becomes World's First Trillionaire by MT: 12:14pm On Jun 12
MONEY247:
Space x IPO WAS Listed and Elon musk shares skyrocked to a new high.

Man has claimed the trillionaire spot
If Elon Musk was a country, he would be ranked between 18th and 20th in the world. That is insane.

It would be him in par with Spain, Saudi Arabia, Turkey, Indonesia and Holland.

Just an individual. He could damage the entire world with access to such immense wealth.
Re: Elon Musk Becomes World's First Trillionaire by DaddyJapan(m): 12:14pm On Jun 12
MONEY247:
Space x IPO WAS Listed and Elon musk shares skyrocked to a new high.

Man has claimed the trillionaire spot
Thanks to a PONZI SCHEME like no other.
Re: Elon Musk Becomes World's First Trillionaire by socoharley: 12:16pm On Jun 12
[quote author=Babastrong post=139693499][/quote]its a global idea even witches don give way because there's nothing they can do here...technology big pass witchcraft grin
Re: Elon Musk Becomes World's First Trillionaire by ARISHEM: 12:24pm On Jun 12
[quote author=TradingGod post=139694120][/quote]Other billionaires have given out like he does.
Bill Gates for example has given away tens of billions of dollars through the Bill & Melinda Gates Foundation and consistently sold off his Microsoft shares to diversify his investments, choosing philanthropy over maximum wealth accumulation.If Gates had held onto his initial 49% stake in Microsoft since its 1986 IPO, his estimated net worth would exceed $1.2 trillion a long time making him the world's first trillionaire. Instead, his actual wealth sits at roughly $107 billion, making him one of the most generous philanthropists in history.
There are some billionaires that knows what they are doing with their wealth.
Re: Elon Musk Becomes World's First Trillionaire by qualitymart: 12:51pm On Jun 12
Gboss247:
How many politicians have you seen on Forbes list?
That's it

They can't make the ljst because they always spend the loot recklessly
Re: Elon Musk Becomes World's First Trillionaire by demolagilbert: 12:57pm On Jun 12
Kay25:
Richer than the whole Nigerian economy times 3 yeahhh
lol..more like almost x5. We are estimated to be ard $200+ billion now thanks to Ebola.
Re: Elon Musk Becomes World's First Trillionaire by demolagilbert: 1:00pm On Jun 12
TradingGod:
no allow devil to deceive you, elun musk na confirm Christian. Elon musk gave Christ embassy $10M two years ago
you do know that Ebola has donated money to churches a couple of times. Does that make Ebola a Christian?
Re: Elon Musk Becomes World's First Trillionaire by Breaker001: 1:13pm On Jun 12
MONEY247:
Space x IPO WAS Listed and Elon musk shares skyrocked to a new high.

Man has claimed the trillionaire spot
Kai 🔥🔥🔥🔥🔥
Re: Elon Musk Becomes World's First Trillionaire by omoredia: 1:26pm On Jun 12
tesuto1:
And what will you qualify ashuh Una go just dey yarn carelessly. Dangote is still the richest black man on earth.
Richest political front man. He knows nothing about business
Re: Elon Musk Becomes World's First Trillionaire by MONEY247(op): 1:34pm On Jun 12
heniford2:
How can I buy SpaceX and IPO shares please anyone with the idea please quote me
Go to bamboo app
Re: Elon Musk Becomes World's First Trillionaire by davidque: 1:34pm On Jun 12
Zee0007:
God when? Even 1 thousand naira I no get for account but see person net worth. Kai! When will I boast of even 100k naira for account?
Prayer alone will get you no where. You are praying so you can hear God lead you in certain ways. Your comments is a sign that all you do is wishful thinking, rather than proper prayers and waiting to hear a response to your prayers
Re: Elon Musk Becomes World's First Trillionaire by heniford2: 1:37pm On Jun 12
MONEY247:
Go to bamboo app
thanks 🙏🏽
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