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I think that no matter how bad the news about Elon and his companies might be, his net worth keeps skyrocketing and is currently around the $400B mark. I wouldn

I think that no matter how bad the news about Elon and his companies might be, his net worth keeps skyrocketing and is currently around the $400B mark. I wouldn't be surprised if in a few years Forbes reports that he's the first to reach one trillion.

n3storm 1y ago
I don't see human lifestream as a sphere rolling up or down but a morphing goo flow through an unstructured topology. So, extrapolating last 20 years of Elon decissions in the future is impossible because humans tend to fail with time, bodily, emotionally and cognitivelly.
motorest 1y ago
> I think that no matter how bad the news about Elon and his companies might be, his net worth keeps skyrocketing and is currently around the $400B mark. I'm not really sure about that. Tesla's stock price dropped around a third during the past year. Which source are you using to support that assertion?
- rob74 1y ago
  By "the past year" I assume you mean 2025? Because it's still higher than it was in October 2024 (https://www.google.com/finance/quote/TSLA:NASDAQ?window=1Y https://www.google.com/finance/quote/TSLA:NASDAQ?window=1Y). A better argument would be sales of Tesla cars, which last I heard were consistently dropping in most important markets.
amelius 1y ago
Winner takes all.
- tmalsburg2 1y ago
  Also inflation.
  - kamaal 1y ago
    Given how immigration and trade controls have worked over this century. Anybody who goes up there first will put restrictions on who else can arrive and thrive.
rurban 1y ago
With his skylink satellite business alone, the win exceeds the whole NASA budget. With grok now being openly fascist not many execs want to be publicly associated with that. That's a space for leaders only. https://news.ycombinator.com/item?id=44519642 https://news.ycombinator.com/item?id=44519642
wonderwonder 1y ago
If SpaceX is able to eventually deliver starship and take people to Mars, Musk will quickly become a multi trillionaire. The riches of space are out there for anyone with the technology and will to take it, we have plenty of people with the will but only one company that is getting closer on the tech front. There is quadrillions in wealth on other worlds and asteroids (obviously bringing a trillion of gold to earth severely reduces the price of gold, I mean economic opportunities).
- rini17 1y ago
  He won't be able to do that with adversarial domestic political relations. There are plenty of ways for Trump admin to hamstring SpaceX.
  - wonderwonder 1y ago
    I agree, there are few people as frustrated as I am that Musk had a tantrum and torpedoed his relationship with Trump. Primarily because I want humanity to go to space.
- contrarian1234 1y ago
  Antarctica is more hospitable and accessible than Mars Nobody has made a profitable scheme to build a colony there I don't see how going to Mars will make anyone a dime. It'll just be a thing for researchers and funded by the tax payer on Earth
  - wonderwonder 1y ago
    Its not going to Mars that makes money, its the technology required to get there. That same tech can be used to setup asteroid mining facilities. Imagine life is found on one of the moons of Jupiter, the biological gold rush would be like nothing seen before. In addition there will be well funded people willing to travel to other worlds and moons to start new frontiers. It may take centuries but these outposts may eventually thrive opening up more economic opportunity. Its not getting to Mars thats important, its the ability to get to Mars and what it grants humanity

n3storm 1y ago

I don't see human lifestream as a sphere rolling up or down but a morphing goo flow through an unstructured topology. So, extrapolating last 20 years of Elon decissions in the future is impossible because humans tend to fail with time, bodily, emotionally and cognitivelly.

motorest 1y ago

> I think that no matter how bad the news about Elon and his companies might be, his net worth keeps skyrocketing and is currently around the $400B mark. I'm not really sure about that. Tesla's stock price dropped around a third during the past year. Which source are you using to support that assertion?

rob74 1y ago
By "the past year" I assume you mean 2025? Because it's still higher than it was in October 2024 (https://www.google.com/finance/quote/TSLA:NASDAQ?window=1Y https://www.google.com/finance/quote/TSLA:NASDAQ?window=1Y). A better argument would be sales of Tesla cars, which last I heard were consistently dropping in most important markets.

amelius 1y ago

Winner takes all.

tmalsburg2 1y ago
Also inflation.
- kamaal 1y ago
  Given how immigration and trade controls have worked over this century. Anybody who goes up there first will put restrictions on who else can arrive and thrive.

rurban 1y ago

With his skylink satellite business alone, the win exceeds the whole NASA budget. With grok now being openly fascist not many execs want to be publicly associated with that. That's a space for leaders only. https://news.ycombinator.com/item?id=44519642 https://news.ycombinator.com/item?id=44519642

wonderwonder 1y ago

If SpaceX is able to eventually deliver starship and take people to Mars, Musk will quickly become a multi trillionaire. The riches of space are out there for anyone with the technology and will to take it, we have plenty of people with the will but only one company that is getting closer on the tech front. There is quadrillions in wealth on other worlds and asteroids (obviously bringing a trillion of gold to earth severely reduces the price of gold, I mean economic opportunities).

rini17 1y ago
He won't be able to do that with adversarial domestic political relations. There are plenty of ways for Trump admin to hamstring SpaceX.
- wonderwonder 1y ago
  I agree, there are few people as frustrated as I am that Musk had a tantrum and torpedoed his relationship with Trump. Primarily because I want humanity to go to space.
contrarian1234 1y ago
Antarctica is more hospitable and accessible than Mars Nobody has made a profitable scheme to build a colony there I don't see how going to Mars will make anyone a dime. It'll just be a thing for researchers and funded by the tax payer on Earth
- wonderwonder 1y ago
  Its not going to Mars that makes money, its the technology required to get there. That same tech can be used to setup asteroid mining facilities. Imagine life is found on one of the moons of Jupiter, the biological gold rush would be like nothing seen before. In addition there will be well funded people willing to travel to other worlds and moons to start new frontiers. It may take centuries but these outposts may eventually thrive opening up more economic opportunity. Its not getting to Mars thats important, its the ability to get to Mars and what it grants humanity