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Elon Musk becomes first person EVER to be worth more than $300billion thanks to Tesla shares spike - as Microsoft regains title of world's most valuable company after Apple's stock slumped
Daily Mail (UK) ^ | October 29 2021 | Stephen M. Lepore

Posted on 10/30/2021 3:23:40 AM PDT by SmokingJoe

Musk's net worth hit $302billion as of Thursday, according to the Bloomberg Billionaires' Index The increase of $10billion was due to a rise in Tesla shares on Thursday after the car firm announced a 100,000 car deal with rental firm Hertz The mogul is now worth over $100billion more than the second-richest person on earth, Amazon founder Jeff Bezos, who's worth sits at $199billion Musk is now worth more than the annual GDP of nations like Egypt, Portugal, the Czech Republic, Greece, Qatar and Finland He's also worth more than the market value of PayPal, the company he co-founded, as well as streaming giant Netflix Musk's worth exceeds the combined Forbes valuation of the Dallas Cowboys, New York Yankees, New York Knicks, Barcelona and Real Madrid ($25.4billion)

--- SNIP ----

These are the 10 richest people in the world, according to the Bloomberg Billionaires Index.

1. Elon Musk: $302 billion

2. Jeff Bezos: $199 billion

3. Bernard Arnault: $168 billion

4. Bill Gates: $135 billion

5. Larry Page: $129 billion

6. Sergey Brin: $125 billion

7. Mark Zuckerberg: $118 billion

8. Steve Ballmer: $116 billion

9. Larry Ellison: $115 billion

10. Warren Buffet: $105 billion

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: amazon; bezos; blueorigin; gates; musk; spacex; tesla
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To: SmokingJoe

You don’t get what I was saying. I was saying IF WE all have to give up our hard earned money, as simple hard working middle class folks, so that all those who sit at home on their big fat @$$e$ can HAVE PART of our hard earned money, THEN WHY will THEY not give up any of THEIRS to be FAIR as they are always crying!!! You know darn well as I do, that THEY are not going to give up a dime!!!!!!! You know it and I do. WE ARE those who will pay. They will only continue to get richer, stay in their nice warm and air conditioned homes. While we give up our air conditioning and freeze our butts off in the winter. THAT is what I meant! If you don’t understand that, then don’t worry about it. Go read a Mad Magazine.


41 posted on 10/30/2021 11:08:52 AM PDT by RetiredArmy (Free Will. GOD gives you the choice I accept or reject Him! Choose Him. It depends on you.)
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To: Bayard

I am hoping Musk finds a person with a SOLID ONLINE EDUCATION System & teams up with Starlink to allow kids to learn from home.


42 posted on 10/30/2021 11:14:19 AM PDT by ridesthemiles ( )
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To: KobraKai

MUSK PAID BACK his loans some years ago-—with ALL the interest————EARLY.


43 posted on 10/30/2021 11:15:27 AM PDT by ridesthemiles ( )
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To: KobraKai
Cool for Musk, now he can pay back the many billions of Taxpayer funds that he used to get Tesla off the ground.

He's already done that a hundred-fold in my opinion.

Think about all the jobs and wealth that Musk's various enterprises have provided. Best use of taxpayer funds ever.

I'd rather have my tax dollars go to people like Musk who can actually create things than to have it go to millions of welfare bums, illegal aliens, and dysfunctional schools that don't teach people anything.

44 posted on 10/30/2021 11:16:17 AM PDT by SamAdams76 (I am 32 days away from outliving Holly Dunn)
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To: SmokingJoe

FEDS are giving larger tax refunds to buyers of UNION made cars from GM & FORD.

MUSK is NOT UNION.

CLEAR DISCRIMINATION

Neighbor works for him in N Nevada.

Says he is wicked smart & very pleasant.

Says it is the BEST job she has ever had.


45 posted on 10/30/2021 11:17:38 AM PDT by ridesthemiles ( )
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To: XRdsRev

WITH ALL THE INTEREST THAT WAS DUE


46 posted on 10/30/2021 11:18:25 AM PDT by ridesthemiles ( )
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To: RetiredArmy

ANYONE care to comment on how many payroll checks Musk signs?

MANY persons have a decent job with paychecks that don’t bounce under his efforts.

ALSO-—NO threat of a UNION STRIKE messing anything up-—MUSK isn’t union.

FORD/GM built EV’s get a higher tax credit than MUSK-—

How about that for discrimination???


47 posted on 10/30/2021 11:23:27 AM PDT by ridesthemiles ( )
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To: SmokingJoe
"Hey why don't we just grab some of this money for ourselves with new communist style taxes?"

There was a recent interview of Elon Musk where he was questioned about Joe Biden wanting to increase taxes on the wealthy, and Musk said "Isn't the 53 precent I pay enough?". Think about that for a moment, he makes billions and the government takes more than half... and Biden wants more.

48 posted on 10/30/2021 12:27:40 PM PDT by roadcat
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To: ridesthemiles
FEDS are giving larger tax refunds to buyers of UNION made cars from GM & FORD.

And Tesla is still busy easily clobbering Ford and GM in EV sales and profits.

49 posted on 10/30/2021 1:26:00 PM PDT by SmokingJoe ( )
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To: SmokingJoe
And Tesla is still busy easily clobbering Ford and GM in EV sales and profits.

And Ford and GM use union labor in Mexico and Canada to make their EV's. It's not profiting Americans. Tesla is making their cars in Fremont, using components primarily made here.

50 posted on 10/30/2021 2:35:01 PM PDT by roadcat
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To: ridesthemiles
FEDS are giving larger tax refunds to buyers of UNION made cars from GM & FORD.

Union made cars, made in Canada: Chevrolet Equinox, Chrysler 300, Chrysler Grand Caravan, Chrysler Pacifica/Pacifica Plug-In Hybrid, Dodge Challenger, Dodge Charger, Ford Edge, & Ford GT.

Biden is an idiot, giving tax handouts and rebates to GM and Ford that produce cars in Canada and Mexico.

51 posted on 10/30/2021 2:46:15 PM PDT by roadcat
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To: ridesthemiles

I doubt he signs any.


52 posted on 10/31/2021 7:23:29 AM PDT by RetiredArmy (Free Will. GOD gives you the choice I accept or reject Him! Choose Him. It depends on you.)
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To: SmokingJoe

Correct!

And nothing travels a straight line.

All we have had is slow drip since the beginning of the Federal Reserve Act of 1913, when the purchasing power of a penny was closer to a dollar today.

However, there is no question we have some in government who want the entire system to go down, and to be replaced.


53 posted on 11/01/2021 12:32:26 PM PDT by patriotfury ((May the fleas of a thousand camels occupy mo' ham mads tents!) )
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