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Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessElon Musk Loses Trillionaire Status As His Net Worth Drops To $957B (9036 Views)

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Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by nwirinedu(m): 8:24am On Jun 26
Lets stop hyping these people who were descendants of slave owners. He is not from a poor home but was raised in wealth and privilege.

He has been enjoying goverment subsidies by way of loans, grants and sales guarantee. He just coverts people's ideas and calls them his own.

What impact has his trillion had on the people around him? Zilch!!!
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by NinjaMetahuman: 9:01am On Jun 26
Stephen0mozzy:
I don't think Elon gives a rat's ass about Trillionaire status. All he needs if he cared, is to sell X (Twitter) and balance up.
and fight invincible white enemy.
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by EnkayDezign: 9:16am On Jun 26
Dogalmighty17:
He knows this and that's why he quickly forced himself to associate with Donald Trump.
Yes indeed. Another grifter just like him.
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by wonlasewonimi: 9:20am On Jun 26
QuinQQ:
The AI is what makes it worth so much because AI is the future.
The market determines a company's worth. The more people want to buy it, the higher the price. No one is forcing anyone to buy it!
The core service is meant to be Space travel not AI. Grok is not at the forefront of frontier LLMs, and it would never be. It could be a pacesetter at undressing people sha.
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by FineboyKell(m): 1:03pm On Jun 26
uunwanaobong3:
AUDIO TRILLIONAIRE,

ANY BILLIONAIRE OR TRILLIONAIRE THAT HIS MONEY ISN'T LIQUIDATED IS AN AUDIO AND FAKE ENTITY.

AS FAR AS I AM CONCERN, THE RICHEST MAN IN THE WORLD IS WARREN BUFFETT, ALMOST 150 BILLION IN LIQUIDATED CASH. YOU CAN'T BEAT THAT......THE REST ARE AUDIOS, MOVING UP AND DOWN WITH STOCK MARKET.
Claim 1: Buffett has $150B in cash.. That’s false! Berkshire Hathaway (the company) holds the cash. Buffet’s personal wealth is tied up to stocks.

Claim 2: Stock wealth is fake or audio wealth. False again! Public stocks are highly liquid and can be converted to cash or used as loan collateral instantly.

Claim 3: Market fluctuations make wealth fake. Another egregious false claim. While net worth goes up and down with the stock market, the underlying value of the companies they own remains massive.
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by opeldavid: 1:12pm On Jun 26
How long have you stayed in your poverty after supporting Tinubu?

sleek214:
I already knew he won't stay there for 2 months
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by Breaker001: 3:13pm On Jun 26
Stephen0mozzy:
I don't think Elon gives a rat's ass about Trillionaire status. All he needs if he cared, is to sell X (Twitter) and balance up.
Elon didn't necessarily buy Twitter to make money out of it. Just like SPACEX, Twitter is all about global power and control 😎
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by meobizy(m): 10:43pm On Jun 26
In how many flavours will this news grace front page?
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by Afrojuju2017(m): 2:59am On Jun 28
jaxxy:
U guys are newbee Nay sayers, go and ask they naysayer who said tesla and spacex where scams decades ago howfar they have all turn to fans publicly or privately.

Some criticize him publicly but are buying his shares secretly. Lol
Do you own a Tesla, have you driven one ?
As a manufacturer they have a poor product on terms of manufacturing quality there are more large panel gaps in the a model 3 than in a 24k Yaris.


Have you seen the space X shares, please do your research , it has wiped out over 20% as we speak
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by Afrojuju2017(m): 3:01am On Jun 28
QuinQQ:
The AI is what makes it worth so much because AI is the future.
The market determines a company's worth. The more people want to buy it, the higher the price. No one is forcing anyone to buy it!
The market analysts have already forecast it to be a love-vendor and dubp i
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by jaxxy(m): 4:46am On Jun 28
Afrojuju2017:
Do you own a Tesla, have you driven one ?
As a manufacturer they have a poor product on terms of manufacturing quality there are more large panel gaps in the a model 3 than in a 24k Yaris.


Have you seen the space X shares, please do your research , it has wiped out over 20% as we speak
Panels gaps? i see u are one of those who carry stale news as propaganda. People who invested in tesla ipo and multimillionares and billionares now. If u dont know go and confirm pls.

Spacex share rose way above its ipo share price b4 correcting itself. Started at $135 per share and went all the way to $175 b4 correcting at $153 per share and u are crying when investors are still smiling despite the drop they have made profits especially early ipo investors.
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by Afrojuju2017(m): 5:25am On Jun 28
jaxxy:
Panels gaps? i see u are one of those who carry stale news as propaganda. People who invested in tesla ipo and multimillionares and billionares now. If u dont know go and confirm pls.

Spacex share rose way above its ipo share price b4 correcting itself. Started at $135 per share and went all the way to $175 b4 correcting at $153 per share and u are crying when investors are still smiling despite the drop they have made profits especially early ipo investors.
At least 30 of my neighbours have Tesla, another one just had his delivered yesterday. My cousin has one, clean car when you're sat in one.

I'll hold this your réponse I'll be back next week when the market readjusts
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by jaxxy(m): 7:03am On Jun 28
Afrojuju2017:
At least 30 of my neighbours have Tesla, another one just had his delivered yesterday. My cousin has one, clean car when you're sat in one.

I'll hold this your réponse I'll be back next week when the market readjusts
Im happy 30 of your neighbours have teslas thst should tell u something about the success of the business and car market. 30 people can all decide to buy rubbish. undecided

As for the market u should know a dip isnt always bad and its even a opportunity. Telsa early investors are millionaires and billionaires.
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by Afrojuju2017(m): 11:26am On Jun 28
jaxxy:
Im happy 30 of your neighbours have teslas thst should tell u something about the success of the business and car market. 30 people can all decide to buy rubbish. undecided

As for the market u should know a dip isnt always bad and its even a opportunity. Telsa early investors are millionaires and billionaires.
Please stop advising people to buy space X shares it's selfish and dangerous financial advise when you are well aware the shares are heavily overvalued.

Institutional experts with decades experience have been on major networks publicly denouncing the shares and advising people away from taking a position but you are here giving people wicked advise.

People stay away from the spacex shares it's pure Vibes and not based on any real financial indices
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by jaxxy(m): 12:59pm On Jun 28
Afrojuju2017:
Please stop advising people to buy space X shares it's selfish and dangerous financial advise when you are well aware the shares are heavily overvalued.

Institutional experts with decades experience have been on major networks publicly denouncing the shares and advising people away from taking a position but you are here giving people wicked advise.

People stay away from the spacex shares it's pure Vibes and not based on any real financial indices
I think its ur counter advice that pure vibes. Spacex is not a new company or a company with a bad track record. Space is a well structured company will clear goals and 70% acheivable.

Like i said the Nay sayers like u said same thing for tesla and they were all proven wrong then u went on lame attempts to discredit the company when u can see the facts are showing otherwise. Lol

Nvidia was also like spacex and those who missed it have themselves wallowing in regret now.
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by Afrojuju2017(m): 9:06pm On Jun 28
jaxxy:
I think its ur counter advice that pure vibes. Spacex is not a new company or a company with a bad track record. Space is a well structured company will clear goals and 70% acheivable.

Like i said the Nay sayers like u said same thing for tesla and they were all proven wrong then u went on lame attempts to discredit the company when u can see the facts are showing otherwise. Lol

Nvidia was also like spacex and those who missed it have themselves wallowing in regret now.
Tesla is over valued, I have work in the semiconductor manufacturing and AI industry btw so you're not talking to a fool.

Nvidia shares are based on strong demand and supply systems and technology advantages, space X and Tesla both have poor principles on their share prices beyond vibes and artificial demand.

Please again all reasonable Nigerian retail stocks buyers should stay far away from the space X IPO, there are plenty of treasury bonds across the globe that promise more stable secure investment
Re: Elon Musk Loses Trillionaire Status As His Net Worth Drops To $957B by jaxxy(m): 9:17pm On Jun 28
Afrojuju2017:
Tesla is over valued, I have work in the semiconductor manufacturing and AI industry btw so you're not talking to a fool.

Nvidia shares are based on strong demand and supply systems and technology advantages, space X and Tesla both have poor principles on their share prices beyond vibes and artificial demand.

Please again all reasonable Nigerian retail stocks buyers should stay far away from the space X IPO, there are plenty of treasury bonds across the globe that promise more stable secure investment
early investors in tesla are millionaires and billionaires right now. obviously now anyone buy tesla has to study their long-term ambition and goals b4 investing however SpaceX is just starting its ipo and that's where I'm saying smart people should invest cos Elon always shuts down nay sayers like u.

imagine u invested in Tesla's first ipo u will be riding on a yacht now. stop crying about Tesla cos they are already a success. Its time for SpaceX to make new set of millionaires and billionaires. u will be left out once again just like u missed Tesla. cool
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