Elon has found a way to gorge on taxpayer subsidies while pretending to cut government spending. It’s a bubble and it will pop at some point.
I mean, he’ll still be richer than ten Croesuses but not a trillionaire.
I've reported on Musk for around 8 years. I've co-authored a book on him. I don't think folks understand the rate of his wealth accumulation.
Shortly after he helped elect Donald Trump in Nov 2024, his net worth was around $350 billion. That net worth has nearly tripled in less than two years.
