That’s the thing though. No one does buy anything from him and he’s still a trillionaire because it’s all theoretical. If he was forced to actually come up with the money he couldn’t.
You do know they borrow against their wealth at close to zero percent interest, right? He probably cant get a trillon in cash but he could probably get $250 billion no problem.
All market capitalization values are theoretical, and his is inflated the most. However. Tesla still sells a bunch of cars unfortunately. And SpaceX’s value is mostly propped up by StarLink, plus the playing with rockets side of it gets juicy government contracts
That’s the thing though. No one does buy anything from him and he’s still a trillionaire because it’s all theoretical. If he was forced to actually come up with the money he couldn’t.
You do know they borrow against their wealth at close to zero percent interest, right? He probably cant get a trillon in cash but he could probably get $250 billion no problem.
That’s their entire personal financial model, and we can make that illegal, you know?
All market capitalization values are theoretical, and his is inflated the most. However. Tesla still sells a bunch of cars unfortunately. And SpaceX’s value is mostly propped up by StarLink, plus the playing with rockets side of it gets juicy government contracts