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Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessElon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion (9586 Views)

Poll: Could any African entrepreneur ever build a company valued at over $1 trillion in our lifetime, or will such valuations remain concentrated in the United States and a few other global technology hubs?

Yes 35% (79 votes)
No 41% (91 votes)
May be 23% (51 votes)
This poll has ended

1 2 3 4 Reply (Go Down)

Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Omoawoke(m): 7:45pm On Jun 16
LordLicifer:
See pain and hate chai! grin Elon is the richest man on earth please don't let your BP become too high.
This is funny lmao..


It’s so sad to see worshippers of money… what a sad life

Pls how much dollar has Elon musk given you?
Or how has his money made your life better??
Lol
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Reference(m): 7:46pm On Jun 16
CodeTemplar:
This $1.3T some are salivating over, there is $24T of resources buried in DR Congo. Just ending of 2024, a hill collapsed a it was full of copper deposit. Imagine resources falling on you.
Resources are not in the ground.
They are in the mind.

They tell you what they will pay for your resources.
Do you tell them what you want to pay for the products of their thinking.
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Luckybelt: 7:59pm On Jun 16
ademasta:
Audio money...
Audio riches
Audio networth
Audio ? Yet he acquired Twitter for 40B
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Sensiblerealist(m): 7:59pm On Jun 16
Pronounce am nah. 😂 😆

ponlear:
That's N1,799,200,000,000,000 at the rate of N1,364
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by CodeTemplar: 8:00pm On Jun 16
Reference:
Resources are not in the ground.
They are in the mind.

They tell you what they will pay for your resources.
Do you tell them what you want to pay for the products of their thinking.
Yes.
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by LordLicifer(m): 8:02pm On Jun 16
Omoawoke:
This is funny lmao..


It’s so sad to see worshippers of money… what a sad life

Pls how much dollar has Elon musk given you?
Or how has his money made your life better??
Lol
Yes, it is funny! grin grin


Yes, i worship money how is that bad or a crime? I bet you want everything for free... Money pays for things, buys good life, buys good health, buys comfortable life. pays for good holiday in the Bahamas, money buys luxury Yacht, money buys private Jet, money pays for beautiful Russian and puerto Rican women.

Why should i tell you how his money made my life better? You wouldn't believe it even if I told you anyway. grin

I am not telling you anything why should I? I worship money that is all you should know and i am proud to worship money! grin
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by VaginaAcademic: 8:04pm On Jun 16
See as them dey call God for comment section so people wey poor God no like them na only Elon him like abi
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by LordLicifer(m): 8:06pm On Jun 16
Luckybelt:
Audio ? Yet he acquired Twitter for 40B
Don't mind poor haters
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by ponlear(m): 8:15pm On Jun 16
Sensiblerealist:
Pronounce am nah. 😂 😆
How nahhh
Be calming down
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by biggie73(m): 8:22pm On Jun 16
Thanks to Donald Trump corrupt practices.
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by ibedun: 8:25pm On Jun 16
Beggar thy neighbour trillionaire. He has destroyed and stolen massively from millions of pensioners and our collective pension funds.

Nasdaq fraudulently changed the rules to accommodate this fraudulent IPO.

Too much corruption in this IPO……

Ole!!!! Musk Ole!!!!
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by kushme: 8:31pm On Jun 16
I never chop today. But see.
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Neoteny(m): 8:34pm On Jun 16
It's largely meaningless wealth. He can't cash all of it (only a very small percentage, actually, after vesting), he can only get loans with a small percentage of it as collateral, and it disappears when the bubble bursts.

In pure, cold hard cash... he's not the richest man in the world. Oil sheiks and Russian oligarchs are.
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by CorrectionFLuid: 8:36pm On Jun 16
.
See this life eh,

Dangote got grey hair while chasing 30billy for almost a decade.

Pesin just top 135billy like airtime overnight.
.
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Northsouth(m): 8:37pm On Jun 16
simpleseyi:
If he likes, he can have Zillions, we don’t care. He is still a very sad man just like the ordinary man on the streets
poverty is not good at all
It's poverty that's making you think this way
It can be more difficult for you to prosper
Anyway God will help you
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Moroccoguy: 8:43pm On Jun 16
Dynamicboss:
Baba God! This man no get two heads o
He get 1 million heads
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by karmaolu1(m): 8:50pm On Jun 16
I have a lot of zeros already
I just need any number from one to nine so I can cross over
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Delat521: 8:53pm On Jun 16
ponlear:
That's N1,799,200,000,000,000 at the rate of N1,364
Abeg write it in words, he go sweet to read
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by frankblinkz(m): 9:07pm On Jun 16
[quote author=DMCA post=139738913]e no still count because him no dey black [/quotes]you dey funny ooo.... So what's his race.



Na people like you go say Michael Jackson na white man
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Dohn: 9:30pm On Jun 16
Within how many days 135 billion dolls........i Have been working for ages, i never smell 0.00000001 percent of dis kind mony
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by planetx: 9:47pm On Jun 16
Neoteny:
It's largely meaningless wealth. He can't cash all of it (only a very small percentage, actually, after vesting), he can only get loans with a small percentage of it as collateral, and it disappears when the bubble bursts.

In pure, cold hard cash... he's not the richest man in the world. Oil sheiks and Russian oligarchs are.
You and all the other comments calling his wealth audio have no clue how stocks and shares works, you people are used to seeing money stored in a bank account and under the bed as real wealth. No billionaire worth his or her salt keep too much unnecessary paper money aka cash. I guess the $18 billion Jeff Bezos got from selling his Amazon shares is also audio money

Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by phadul: 9:51pm On Jun 16
This kind money na wa woo
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by eaglechild: 10:04pm On Jun 16
The poll forgot that Elon is South African born and has South African citizenship.
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Neoteny(m): 10:13pm On Jun 16
planetx:
You and all the other comments calling his wealth audio have no clue how stocks and shares works, you people are used to seeing money stored in a bank account and under the bed as real wealth. No billionaire worth his or her salt keep too much unnecessary paper money aka cash. I guess the $18 billion Jeff Bezos got from selling his Amazon shares is also audio money
You missed vesting, right? Go back and read carefully before you jump to respond. How much is Bezos worth? He can only sell the portion that's vested for him to sell. They've to be careful in selling even the vested portion so as not to rile the markets and scare investors, and also avoid potential insider trading scrutiny by the SEC. CEOs want to project confidence in the value and prospects of their company if they want the market cap to keep rising.

No matter what, they still can only liquidate a small amount. They largely borrow against their holdings, like a leverage.

Don't assume we don't know how the western capital markets work.

The valuation of SpaceX, just like Tesla's, is overinflated because of the cult of personality surrounding Musk. Their TAM is over 22 trillion set against AI, and till today no one has figured out how to get any decent ROI on AI investments, hence the recent mad throttling by Claude, xAI and co. It's all a bubble propped up by Morgan Stanley and Goldman Sachs, that's why the S&P 500 didn't jump into quickly changing its rules like the other indexes did: they know it's all hype.

This is very similar to WorldCom all over again.
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by gagzee(m): 10:39pm On Jun 16
Waste of accumulating wealth. Money wey most likely won't outlive his 2nd or at best 3rd generation.
Na only old money people dey pull that stunt cause the have mad and strict family structures to keep the money flowing.
This Elon wey one of him pikin sef don disown am lol....
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by difference5050: 7:14am On Jun 17
Africa is coming with full force, even doe white people bewitched us during the time of colonization, robe, stole our natural resources but we have bounced back .wait for us in 2040.
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Harmless1b(m): 7:38am On Jun 17
I tap from the grace
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by InvertedHammer: 9:13am On Jun 17
/
A great lesson to those that believe wealth comes from tithing to a pulpit bandit. God is not operating foreign exchange nor money-doubling.

/
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by saysugar(m): 10:32am On Jun 17
Nigeria 2026 budget is $50b and this mad man makes $100b in a day grin
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by saysugar(m): 10:38am On Jun 17
CorrectionFLuid:
.
See this life eh,

Dangote got grey hair while chasing 30billy for almost a decade.

Pesin just top 135billy like airtime overnight.
.
I swear upon all the pangolo trailers working everywhere everyday
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Geeflow(m): 11:24am On Jun 17
frankblinkz:
I just want to remind the world that an African man is the richest man in the world.


Mansa Musa of Mali once did it
Did it by stealing all the country's wealth
Re: Elon Musk Adds $135 Billion To His Fortune, Now Has A Net Worth Of $1.3 Trillion by Gboss247(m): 12:35pm On Jun 17
Neoteny:
It's largely meaningless wealth. He can't cash all of it (only a very small percentage, actually, after vesting), he can only get loans with a small percentage of it as collateral, and it disappears when the bubble bursts.

In pure, cold hard cash... he's not the richest man in the world. Oil sheiks and Russian oligarchs are.
Last time I checked, cash were the lowest class of money designed to depreciate in value per seconds.
1 2 3 4 Reply

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