Summary
Elon Musk’s fortunes have plummeted by $148 billion amid Tesla stock plunging nearly 50%, government protests, and setbacks at SpaceX and Starlink.
A White House event with Trump, meant to boost Tesla, instead highlighted Musk’s growing desperation.
Musk’s other ventures are also struggling—SpaceX rockets have exploded during tests and Starlink lost a Canadian contract.
His role leading DOGE is generating backlash, with Musk appearing increasingly defeated in public appearances.
His reputation, which previously weathered controversies, now faces unprecedented challenges due to his political alliance with Trump.
I hope he loses it all
148.2 billion. He gave 200 million to Trump!
There are only about 30,000 people in the world who have a net worth of at least 100 million.
Isn’t that fun! /s
Nobody loses anything when stock prices go down unless they start selling at a loss. Tesla stocks are up 48% from a year ago. They’re only doing bad compared to 2 months ago when the price was at all time high.
You know, they say this Musk guy is such a smart businessman, but I personally have NEVER lost $148 billion, much less in the span of two months.
Isn’t it just hilarious how somehow, being rich just gets one a free pass to also “be smart”?
