How Elon Musk’s Net Worth Sways With Tesla, SpaceX and Twitter’s Volatility | WSJ

Elon Musk lost more than half his net worth on paper, over $100 billion, from Nov. 2021 to Dec. 2022. Musk has recouped some of his losses, but Twitter continues to burn cash and Tesla’s stock has taken a hit after a strong start to the year.

Is the CEO of Twitter, Tesla and SpaceX the richest man in the world? WSJ breaks down the outlook of his businesses and where he stands among the world’s richest people.

0:00 Most of Musk’s wealth is tied up in shares of his companies
1:32 Twitter
3:12 Tesla
4:34 SpaceX
5:27 Neuralink, Boring Company and X.AI

#ElonMusk #Tesla #WSJ

[somisworldviews]

Even if he loses 6 zeros. His net worth still more then the entire comment section

[MarcKreuzer]

This comment section is pure entertainment mixed with a tablespoon of sad

[hafizuddinmohdlowhim]

Be like Rolex. Making money day and night without even being a company 😅

[tsheposeeletso]

Doesn’t really matter when you’re a billionaire regardless

[exponentialgrowth]

"...He might be the richest, or the second richest, really depends..." Such incredible reporting!

[johncolten]

This is dumb. The man is a multi-billionaire. Whether his net worth is mostly tied to stock or not it's no argument as to if he's a billionaire or not. His company's annual revenues generated him an estimated $23.5 B. That's more money, anyone will make all their lives but yet it still wasn't luck that got him to where he is today. Keep in mind he can literally at any time borrow against the value of his company's stock price. Even if it's not 200 B. That's still money on a level that would drive most common men into insanity.

[Brian_Duke]

So in summary it is because of the fall in value of Tesla and a little because of the purchase of Twitter. Nothing new.

[mr.Braun-]

Thank you 😊 very interesting and informative

[henryfication]

It’s always funny to listen to these so-called experts who have never in their lives built a company or a product to criticize someone who has done it multiple times. It’s like a comedy show. Don’t they understand that big rewards are from big risks? It’s easy to talk when you don’t have to do it and certainly there is no risk to talk

[Pyrrhic.]

Elon can IPO SpaceX and I bet people will scoop that up and SpaceX will trade in high multiples like Tesla.

[Slotcarking]

My son worked at Tesla and is currently at SpaceX. I believe in my son bcuz I raised him but the stories of the phenomenally smart people at both companies that he tells me are amazing. In one word, every job applicant has to have an “amazing” resume b4 they even consider interviewing the applicant. That’s why the traditional car mfrs & United Launch Alliance are all in 2nd place after Tesla & SpaceX.

[nicholasrivera]

I don’t think he cares, he is still worth $170 billion and he knows that will go up once Tesla hits some more goals.

[juan]

The reason why is because goods become obsolete if there is not enough money in the economy for people to buy them

[sharonlewis]

You look so much like my father when he was young. I loved him so much.

[archigoel]

Man, you can't say he is Tesla co-founder, inspite of a court ruling? Why so much hate

[hueyfreeman]

3:14 "Elon Musk's main source of wealth is Tesla"

Wrong!! Elon Musk's main source of wealth are investors who believe in his vision.

[Viviko]

Up to a certain point, it doesn’t really matter and doesn’t make that big a change in your life. The difference just becomes a few zeros.

[ropro]

Yeah, but does it really matter whether you're the world's richest or 2nd richest person in the world? Isn't anything over the 1st billion just gravy anyway? 🤔

[HashsirHaroon]

Why this video exactly? I mean the point

[UnworthySubject]

This is what makes or breaks a country. Internal conflicts tear nations in half and sometimes create completely new nations. We've gone through similar situations in history. There's nothing that stands in the way of change if people in "positions of power" take issues seriously.