Posted on 12/20/2025 10:29:08 AM PST by SmokingJoe
BREAKING: Elon Musk’s net worth surges to $749B after Delaware reinstated his 2018 pay package
83% chance he’s the first trillionaire
(Excerpt) Read more at x.com ...
I’m not really sure what you mean, but maybe I could rephrase it... he could BUY our national debt.
No, he can’t buy the US debt. His net worth is meaningless, it is all tied up in stocks and numbers on a spreadsheet, not actual dollars. Just like if you own a house, doesn’t make you rich, because any value is tied up in the equity. He can secure loans against the collateral, which he has done in order to buy Twitter. But he doesn’t have enough collateral to buy the US debt at a 38 trillion level. Try putting 10 percent down on that, and he is way short of having collateral to pay 4 trillion dollars. People look at him as if he has half a trillion in his pocket. Nope, just smoke and mirrors unless he cashes out his stocks, but loses more than half to taxes.
I know that feeling. I have a wife, and she carries all the money in her wallet while I carry a few dollars. My money is her money, and her money is her money.
Sounds like every marriage that goes the distance.
You know... I forgot we were in the trillions now. Dang.
I would bet that there are trillionaires out there, but their funds can’t be tracked by Forbes (or anyone else with accuracy) because 1) They are dictators or sovereigns of nations 2) Illegal criminal enterprises 3) Old old money with tremendous untaxable assets around the world - think gold, art, and holdings in untracked accounts 4) The scumbags that stole trillions of dollars from the United States - under cover of covid funds, “bailouts” and various other schemes
He probably carries his ID with him.
That ruling by a woke Delaware judge caused them billions in lost revenue as many companies were forced to move their incorporation afterwards to another state.
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