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.
He has still not lost enough. I wonder how long this “take money as a loan from the company to avoid paying taxes” will work. Hopefully, they will stop this and thus make him pay taxes for years and billions.
I hope he continues to suffer
If he was bankrupt and on the street that still would not be enough for me at this point.
If he keeps losing money he’ll eventually hit the illegal immigrant zone and get taken go Gitmo.
If I saw him homeless on The street id buy him a cake then smash the cake in front of him
For someone as monstrous as him, what punishment could even be appropriate? What possible way could such aggressively destructive and anti social behavior be rehabilitated? I struggle to call anyone a lost cause, but if anyone ever was…
I would hand him a bottle of pee if I saw him homeless on the strret.
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”?
It’s almost like the whole planet is bullying xelon. He seems so sad, he’s losing so much. So many negative memes & comments. Stories about how corrupt he is and how unsafe all his businesses are. I’ll bet he’s teetering on the edge of a MASSIVE mental meltdown. So, citizens of Earth, keep bullying elon!
all he had to do was shut up online.
That’s how I feel about trump. All he had to do was keep committing fraud and crimes quietly. Instead he decided to make us all aware of what a colossal fuck up he is. Xelon is like his twin. May they both hang as US traitors.
two billionaires, unfathomably rich individuals, in the last ten years that having a good public image was overrated, but decided they’d rather use their platform to hurt people, and alienate anyone who liked them, but wasn’t a raging bigot. is the allure of being mean to people on twitter.com that great?
if Musk had shut up just 5 years ago, he’d probably have more money, more respect, but somewhat less power. instead he’s become the guy a lot of people are excited to see have a total breakdown, and hopefully lose everything.
when the gigafactories stop producing.
That’s the name of the documentary of xelons fall from riches.
You think he’ll pull a Hitler at some point?
No.
- He has no idea how to use a gun.
- If you gave him a gun other things would just get broken. He’s an incompetent idiot.
Music to my eyes. If there ever is a person deserving of this treatment, it’s him.
I hope he loses it all
Elon Musk, the biggest loser of all time. Shocker.
I’ve been wondering about this… Billionaires do the “borrow against their holdings so they pay no taxes, do it again to pay those off, then die” thing
So his holdings doubled and crashed back down (and still falling) over the course of a few months. He leveraged a ton of it to buy Twitter, which has also crashed.
So is there a point where he loses everything? If Tesla drops too low, can they call in the debt?
He doesn’t seem to own much property directly, even his mini home is basically a publicity stunt while he basically lives with various friends
So if his stocks continue to crash, is there a point where it all just falls apart?
The sad part is, even if his empire disappears, he’s still gonna leave wealthier than most of us.
No, he’d be killed. He’s made too many enemies… Both in his peers for revealing himself to be a liability, and among the working class worldwide
If he falls out of grace, he’s going down like Epstein, if not by the adjuster
the adjuster
Does this adjuster guy share the name with a famous Nintendo character?
Nope. Luigi is clearly innocent
And turning off the sarcasm for a moment… They found a manifesto and a murder weapon at McDonald’s on a guy who dropped a backpack full of Monopoly money in central park? Then got away? He doesn’t even look that similar to the security cam videos… It’s too convenient, I have legitimate doubt
Yes. Me too. I think they planted the gun to a random guy just to make rich people happy that the police is efficient in finding the culprit.
Especially because they apparently improperly searched him, which could make it all inadmissable
It’s amazing for quick everyone was to talk about him like he did it
Like, he can get acquitted, do a press conference and say “guys the police tried to frame me. It really wasn’t me” and no one would believe him. People would go “riiiight” winking at him and doing finger guns
Lovely imagery, but I think words get in the way of the magnitude of the wealth here.
There’s (unfortunately) not a realistic scenario where he’s not a billionaire.
You want me to paint a picture? I’m watching a god bleed, and now I’m wondering what it takes for one to fall
You can say it’s impossible, but we’re in the onion timeline. We’re so far beyond anything humanity has ever gone through before… History might rhyme, but we’re in uncharted territory
Nah this is charted out somewhat well. There have been many untouchable folks with so much wealth, power, and influence so as to be almost divine in folks eyes. While plenty have lived into old age plenty still died choking on their own blood with a noose around their neck. I’m hoping for the latter personally.
You act like we’re saying different things…
But history rhymes, it doesn’t repeat. We’re in uncharted territory… The final outcome will probably rhyme, but there’s endless differences from anything humanity has ever experienced before
What it takes for gods to fall? I’d say a titanic effort, but we know how that ended. Perhaps apropos.
Gods die when mortals no longer worship them.
So is there a point where he loses everything? If Tesla drops too low, can they call in the debt?
Yes, to whatever extent that Elon-owned stock is pledged as collateral for his personal loans. Loans like that always carry provisions where the lender can call in the collateral if the value drops to a certain ratio of the overall loan balance.
So if Tesla stock plunges enough (and we have no way of knowing exactly how much is enough), that can cascade to where Elon needs to put up some cash, or other property, or pledge more shares, or it all comes crashing down where his collateral gets wiped out at the bottom.
Thanks, I thought so but it’s good to have confirmation my fantasy could play out
It just means he’ll continue to double down on his current activities. Like a cornered rat, he has nothing to lose now. So he will break every law possible to maintain.
Which is not good.
Pathetic. Irresponsible. The most I’ve ever lost in a month was $20
First it was Twitter, and now this. Boy, Elon sure knows how to make himself look like a “genius.”
How to lose $148 billion in less than two months
Step 1. Have $148 billion or more
…Shit, this guide is useless.
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
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Trump bankrupts everything he touches, including people
Maybe he’ll wake up with a conscience one day and start an epic redemption arc and… Eh, who am I kidding