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Posted on • Originally published at forusers.org on

How Elon Musk Finances and Net Worth Actually Work

Elon Musk's wealth comes from owning large amounts of stock in highly valued companies like Tesla and SpaceX, not from holding large piles of cash. His net worth is mostly theoretical paper money because selling all his shares at once would crash the stock prices, so he relies on taking out large loans against his assets to get cash. Users note that his company valuations are often driven by investor speculation and belief in future growth rather than current profitability. Critics argue that th

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