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Elon Musk moves X out of San Francisco. City leaders shrug.
(www.washingtonpost.com)
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Oh I am very sorry, I think I did not express myself properly. I wasn't particularly referring to you, but rather the typical user who will answer to the "Musk is one of the richest" with the "company value" thing.
I do think tho that whatever your opinion on Musk's companies is, the market clearly thinks otherwise, which banks are part of it.
Also, I strongly dislike Musk. But it's very clear to me that he has enough power to do whatever he wants like wasting lots of money trying new things until something sticks.