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Elon Musk on pace to become world’s first trillionaire by 2027, report says
(www.theguardian.com)
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this post was submitted on 08 Sep 2024
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I’ll believe it when I see it. He made his good financial decisions when he wasn’t full mask-off insane, since his wife left him and his daughter disowned him he’s had more important things to deal with, like wasting his money turning back the clock so neither of them have any rights anymore. Currently he is just banking off of those good early decisions.
I won’t speak to the specific financials of his companies, but I don’t see him maintaining his current growth rate while so distracted for much longer. I also see his attachment to companies as a growing impediment, not an asset.
The only way this would be conceivable is if FSD actually worked, the robot works and change everything we know, or spacex is sending hundreds of ships to Mars each window.
Doesn't seem possible, nor do I think solving only 1 of the above makes it possible.
Edit: or we wait long enough for inflation to make today's assets at a future inflated value be worth that much without losing any of it in the meantime...
Nobody actually beats the market. I'm pretty sure the insanity was there all along; he just got lucky several times in a row.
Nancy Pelosi has entered the chat.