Public Notes by chase_ats Tagged #net_worth
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As of 2017-July, says $16B net worth. Just wrong! Elon owns roughly over 50% of SpaceX, last valued at $12B in 2015-January. Surely it is worth more 2.5 years later. Owns roughly 20% of Tesla (includes SolarCity). He essentially spent all his previous money on those three companies, so fine, nothing except his stake in these two companies. What about money he cashed out (prob only in SolarCity and Tesla)? -- A 55% ownership of $15B SpaceX is $8.25B. A 20% ownership of ~$60B Tesla market cap is $12B. So that's $20.25B net worth. Surely he has some stuff outside of the stocks. So add another $1.25B. $21.5B net worth. Even if you were to say 50% of $12B of SpaceX, that's still $6B and only $2.25B less than I'm saying. Still gets you $18B of only stake ownership. He could have debts and no assets/cash lol - so say $500M in debt. STILL $17.5B! Going further, if you say 20% of $58B market cap, that's $11.6B. Still $17.1B. Forbes exactly say $15.6B as of 2017-07-05. It's way too low, no matter what. You don't include the taxes he'd have to pay when cashing out, no? lol. -- $16.5B as of 2017-08-07. Luckily Bloomberg seems much better at this. They have him over $21B, as I rightfully have said he should be at. #Tesla #elon_musk #net_worth #money #billionaires #grinders #boss_peeps #motivation #fanboy #bad_journalism #bad_job #wrong #paypal_mafia #paypal #pub