Musk’s shrinking fortune is largely tied to Tesla’s stock, which has plunged about 36% since the start of the year as the company struggles with slowing sales. Roughly 60% of Musk’s wealth comes from Tesla shares and options. The rest of his wealth comes from his other ventures. His net worth skyrocketed when SpaceX hit a $350 billion valuation, making it the world’s most valuable startup. Meanwhile, xAI, his artificial intelligence startup, raised $6 billion in funding, pushing its valuation to $50 billion.

  • OneMeaningManyNames@lemmy.mlOP
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    3 days ago

    This bozo accomplished to actually lose billions by being an immature 4chan troll in public. He might not be a zsh wizard. but he sure is a comedic genius. You can’t make this shit up folks.